Median home value in zip code 48023 (Fair Haven, MI) is $282,322, up 0.2% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$282,322

YoY Change

+0.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 48023 (Fair Haven).

Income (annual)

Down Payment

$56,464 on $282,322

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

Stretch31.7% of income

Above 28% but manageable with cuts.

PITI$1,980

P/I31.7%

Afford$250K

Gap-$33K

P&I $1,428Tax $419Ins $133

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

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48023 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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