Median home value in zip code 48005 (Armada, MI) is $364K, up 4.0% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Detroit-Warren-Dearborn, MI metro →

Home Value$364,188

YoY Change

+4.0%

AFFORDABILITY

Enter your income for 48005 (Armada).

Income (annual)

Down Payment

$72,838 on $364,188

Out of reach — 40.2% of income

Need $107,786/yr to afford.

PITI$2,515

P/I40.2%

Afford$253K

Gap-$111K

P&I $1,842Tax $540Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

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Metro Analysis

48005 is part of the Detroit-Warren-Dearborn, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Detroit-Warren-Dearborn, MI analysis

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