Median home value in zip code 48096 (Ray, MI) is $407K, up 6.9% 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$406,574

YoY Change

+6.9%

AFFORDABILITY

Enter your income for 48096 (Ray).

Income (annual)

Down Payment

$81,315 on $406,574

Out of reach — 44.7% of income

Need $119,657/yr to afford.

PITI$2,792

P/I44.7%

Afford$255K

Gap-$152K

P&I $2,056Tax $603Ins $133

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

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

Metro Analysis

48096 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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free