Median home value in zip code 48187 (Canton, MI) is $390,511, up 3.1% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$390,511

YoY Change

+3.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 48187 (Canton).

Income (annual)

Down Payment

$78,102 on $390,511

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

Out of reach43% of income

Need $115,157/yr to afford.

PITI$2,687

P/I43%

Afford$254K

Gap-$136K

P&I $1,975Tax $579Ins $133

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

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

Metro Analysis

48187 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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