Median home value in zip code 48083 (Troy, MI) is $350,511, up 2.8% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$350,511

YoY Change

+2.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 48083 (Troy).

Income (annual)

Down Payment

$70,102 on $350,511

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

Out of reach38.8% of income

Need $103,971/yr to afford.

PITI$2,426

P/I38.8%

Afford$253K

Gap-$98K

P&I $1,772Tax $520Ins $133

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

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

Metro Analysis

48083 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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