Median home value in zip code 48047 (Chesterfield, MI) is $336K, up 4.7% 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$335,925

YoY Change

+4.7%

AFFORDABILITY

Enter your income for 48047 (Chesterfield).

Income (annual)

Down Payment

$67,185 on $335,925

Out of reach — 37.3% of income

Need $99,857/yr to afford.

PITI$2,330

P/I37.3%

Afford$252K

Gap-$84K

P&I $1,699Tax $498Ins $133

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

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

Metro Analysis

48047 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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