Median home value in zip code 48041 (Memphis, MI) is $312,925, up 5.8% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$312,925

YoY Change

+5.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 48041 (Memphis).

Income (annual)

Down Payment

$62,585 on $312,925

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

Stretch34.9% of income

Above 28% but manageable with cuts.

PITI$2,180

P/I34.9%

Afford$251K

Gap-$62K

P&I $1,582Tax $464Ins $133

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

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

Metro Analysis

48041 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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