Warren Real Estate
3 neighborhoods and communities
Active listings 341
Sold (past 12mo) 1,779
HFG -1.8%ⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
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Condo Communities(3)
Frequently Asked Questions about Warren
What is the current real estate inventory in Warren?
Buyers in Warren can choose from 341 active listings. The median asking price is $209,450.
What are home prices like in Warren?
Based on 1,779 sales in the past year, homes in Warren have a median price of $209,450.
What is the average days on market in Warren?
Over the past year, homes in Warren spent an average of 58 days on market before selling.
What neighborhoods are in Warren?
Warren has 3 distinct neighborhoods and condo communities. Of these, 3 are condo communities.
Which school districts cover Warren?
Multiple school districts may serve Warren. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Warren real estate market?
Warren is currently a seller's market, with 2.3 months of supply. That ratio comes from 341 active listings relative to 1,779 sales per year.
What are property taxes like in Warren?
Property taxes in Warren are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Warren?
Based on Census Bureau ACS data, the Household Formation Gap in Warren is -1.8%, indicating stable demographic housing demand. Household size moved from 2.41 to 2.53. HFG is a secondary market indicator reflecting household formation, not a primary market measure.
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