Median home value in zip code 48073 (Royal Oak, MI) is $314,752, up 2.6% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$314,752

YoY Change

+2.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 48073 (Royal Oak).

Income (annual)

Down Payment

$62,950 on $314,752

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

Stretch35.1% of income

Above 28% but manageable with cuts.

PITI$2,192

P/I35.1%

Afford$251K

Gap-$63K

P&I $1,592Tax $467Ins $133

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

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

Metro Analysis

48073 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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