The story of this market
The typical home in ZIP 48051 sells for about $339,000, or $106 per square foot.
Prices are up +2.8% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,043 a month.
ZIP 48051 — Chesterfield
The housing market in 48051 shows stability with a median home value of approximately $339,000 and a year-over-year price increase of 2.8%. Market activity remains steady, though inventory levels and specific sales counts suggest a balanced environment for buyers and sellers. Some figures, such as long-term tax and price history, were not available at the ZIP level and are omitted.
This ZIP is well-suited for family buyers and commuters who value a tranquil, suburban atmosphere with convenient highway access to regional employment centers.
Median prices moved up 2.8% year over year.
Homes spend a median of 30 days on market with 23.8 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 8.7% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 48051, Macomb County MI
The area features convenient access to major highways like I-94 and proximity to local shopping and dining, supporting a stable residential environment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Accessibility by car is excellent, with easy access to major highways including the Ford Freeway (I-94).
The area offers a tranquil setting with access to local parks, shopping, and dining options within the immediate vicinity.
The rental market includes a mix of apartments and single-family homes, with a renter-occupied share of approximately 15%.
The local economy is supported by a mix of residential services, retail, and proximity to broader Macomb County employment hubs.
The area is primarily car-dependent with strong connectivity to the regional highway network via I-94.
Data derived from ZCTA-level census profiles and local market reports.
- C.J. Barrymore's4.45.3 mi
- Dave & Buster's Utica4.110 mi
- Urban Air Trampoline and Adventure Park4.210 mi
- Activate Games59.7 mi
- Red Oaks Waterpark4.417.6 mi
- C.J. Barrymore's4.45.3 mi
- Michigan Lottery Amphitheatre at Freedom Hill4.411.3 mi
- Macomb Community College4.214.6 mi
- Dave & Buster's Utica4.110 mi
- Golden Corral Buffet & Grill3.98.4 mi
- Blake's Orchard & Cider Mill4.312.7 mi
- C.J. Barrymore's4.45.3 mi
- Stony Creek Metropark4.712.2 mi
- Lake St. Clair Metropark4.68 mi
- AMC Forum 303.912.5 mi
- Ford House4.716.3 mi
- Meadow Brook Hall4.818.8 mi
- River Bends Park4.711.6 mi
- The Packard Proving Grounds Historic Site4.710.5 mi
- Stahls Motors and Music Experience4.92.5 mi
- Stony Creek Metropark4.712.2 mi
- Lake St. Clair Metropark4.68 mi
- Dodge Park4.711.2 mi
- River Bends Park4.711.6 mi
- Resurrection Cemetery4.18.8 mi
- MacRay Harbor4.55.9 mi
- Grosse Pointe Yacht Club4.717.6 mi
- Safe Harbor Jefferson Beach4.515.2 mi
- Safe Harbor Belle Maer4.66.2 mi
- Emerald City Harbor4.515.4 mi
- Cherry Creek Golf Club4.59.7 mi
- Sycamore Hills Golf Club MICHIGAN3.93.2 mi
- Fern Hill Golf Club4.19.2 mi
- The Orchards Golf Club4.311.4 mi
- Golden Hawk Golf & Banquets3.87.5 mi
- The Mall at Partridge Creek4.57.3 mi
- Macomb Mall411.5 mi
- Meijer4.112 mi
- Meijer4.18.4 mi
- Marshalls & HomeGoods4.18.8 mi
- Windsor International Airport4.229.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Various community parks providing green space and outdoor activities.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).