HousingHandbookReference data

U.S. ZIP Code · MI48032

St. Clair County · Detroit-Warren-Dearborn, MI

Typical home value

$316,059[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.6%
5-year / yr
+4.2%
10-year / yr
+6.7%

Relative price

vs U.S.
+11.3%
vs metro
+4.4%
vs state
+32.2%
ZIP 48032 location in MI
Location of ZIP 48032 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48032 is worth $316,059 — 4.4% above the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 4.6%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$3,121[3]

#Climate risk

FEMA National Risk Index ratings for St. Clair County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
1,871[3]
Median household income
$96,875[3]

#Migration

Household moves in and out of St. Clair County over a year, from IRS tax-return data.

Net migration
+29[5]
Moved in
3,247
Moved out
3,218

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,598
Loan principal$252,847
Down payment$63,212
Total interest paid$322,493

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,122
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
19th percentile[1]
Rental yield
[2]
Property tax
21st percentile[3]

Frequently asked

How much is a home worth in ZIP code 48032?
The typical home in 48032 is worth $316,059, based on the Zillow Home Value Index.
Are home values rising in 48032?
Home values in 48032 are up 4.6% over the past year, and up 4.2% a year over five years.
What is the property tax rate in 48032?
The effective property tax rate in 48032 is 1.0% — roughly $3,121 a year on a typical home.
Who lives in 48032?
ZIP code 48032 has a population of 1,871 and a median household income of $96,875.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • St. Clair, MI

    Typical home
    $316,790
    Gross yield
  • Detroit, MI

    Typical home
    $317,406
    Gross yield
    7.0%
  • Berkley, MI

    Typical home
    $317,510
    Gross yield
    6.7%
  • Walled Lake, MI

    Typical home
    $314,001
    Gross yield
    7.8%
  • MI

    Typical home
    $318,199
    Gross yield
  • Flat Rock, MI

    Typical home
    $312,158
    Gross yield
    5.2%

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