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New Haven village, MI

ZIP 48048 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48048

Median Home Value
$194,800
Median Rent
$1,051
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,251/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48048 in New Haven village, MI, a household would need roughly $54,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,251. That sits below the local median household income ($68,990), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
82.3%+26% vs US avg
x
Vacancy Rate
7.7%-26% vs US avg
x
Broadband Access
91.3%+5% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
3.4%-73% vs US avg
x
Built Post-2014
3.8%-46% vs US avg
x
Rent Burden >30%
5.2%-89% vs US avg
x
Mortgage-Free
35.7%-7% vs US avg
x
$194,800
Home Value
$1,051
Rent
2000
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.8%
  • 1-unit attached0.0%
  • 2-9 units4.7%
  • 10+ units1.5%
  • Mobile home & other35.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$194,800
Median rent$1,051
Owner-occupied82.3%
Vacant7.7%
Price-to-income2.8x
Est. income to buy$54,000