Median home value in zip code 48073 (Royal Oak, MI) is $315K, up 2.6% 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$314,752
YoY Change
+2.6%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for 48073 (Royal Oak).
$62,950 on $314,752
Stretch — 35.1% of income
Above 28% but manageable with cuts.
PITI$2,192
P/I35.1%
Afford$251K
Gap-$63K
P&I $1,592Tax $467Ins $133
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.
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