Median home value in zip code 48051 (Chesterfield, MI) is $301,789, up 5.0% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$301,789

YoY Change

+5.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 48051 (Chesterfield).

Income (annual)

Down Payment

$60,358 on $301,789

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

Stretch33.7% of income

Above 28% but manageable with cuts.

PITI$2,107

P/I33.7%

Afford$251K

Gap-$51K

P&I $1,526Tax $448Ins $133

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

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

Metro Analysis

48051 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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