The median home in Harper Woods, Michigan is valued at $149,760, up 4.3% year over year. Typical monthly rent is $1,397, producing a price-to-rent ratio of 8.9x — below the national average of 18x. Harper Woods is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →

Home Value$149,760

+4.3%

Rent$1,397/mo

AFFORDABILITY

Enter your income for Harper Woods.

Income (annual)

Down Payment

$29,952 on $149,760

Affordable — 17.3% of income

Under the 28% guideline.

PITI$1,083

P/I17.3%

Afford$242K

Room+$92K

P&I $757Tax $192Ins $133

Buying $314/mo cheaper ($1,397 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Harper Woods with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro →

HARPER WOODS, MI