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.
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Home Value$390,405
+3.7%
Rent$1,452/mo
AFFORDABILITYRenting $1,156/mo cheaper ($1,452 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Shelby Township.
$78,081 on $390,405
Out of reach — 41.7% of income
Need $111,771/yr to afford.
PITI$2,608
P/I41.7%
Afford$262K
Gap-$128K
P&I $1,974Tax $501Ins $133
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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