Median home value in zip code 48122 (Melvindale, MI) is $137K, up 1.6% 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$137,162

YoY Change

+1.6%

AFFORDABILITY

Enter your income for 48122 (Melvindale).

Income (annual)

Down Payment

$27,432 on $137,162

Affordable — 16.5% of income

Under the 28% guideline.

PITI$1,030

P/I16.5%

Afford$233K

Room+$96K

P&I $694Tax $203Ins $133

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

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

Metro Analysis

48122 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