The median home in Shelby Township, Michigan is valued at $390,405, up 3.7% year over year. Typical monthly rent is $1,452, producing a price-to-rent ratio of 22.4x — well above the national average of 18x. Shelby Township is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$390,405

+3.7%

Rent$1,452/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$78,081 on $390,405

Example: $75,000 household income. Change it above to see your own.

Out of reach41.7% of income

Need $111,771/yr to afford.

PITI$2,608

P/I41.7%

Afford$262K

Gap-$128K

P&I $1,974Tax $501Ins $133

Renting $1,156/mo cheaper ($1,452 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 Shelby Township with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M 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.

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Shelby Township, MI