Median home value: $311K (+5.8% YoY). Part of Detroit-Warren-Dearborn, MI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.
Home Value$311,320
+5.8%
AFFORDABILITY6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Memphis.
$62,264 on $311,320
Stretch — 32.4% of income
Above 28% but manageable with cuts.
PITI$2,026
P/I32.4%
Afford$269K
Gap-$42K
P&I $1,493Tax $400Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing