The median home in Memphis, Michigan is valued at $311,320, up 5.8% year over year. Memphis 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$311,320
+5.8%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Memphis.
$62,264 on $311,320
Stretch — 33.7% of income
Above 28% but manageable with cuts.
PITI$2,107
P/I33.7%
Afford$259K
Gap-$53K
P&I $1,574Tax $400Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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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.
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