Median home value in zip code 48201 (Detroit, MI) is $424,914, down 5.3% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$424,914

YoY Change

-5.3%

Prices falling — better for buyers.

Affordability

Enter your income for 48201 (Detroit).

Income (annual)

Down Payment

$84,983 on $424,914

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

Out of reach46.6% of income

Need $124,800/yr to afford.

PITI$2,912

P/I46.6%

Afford$255K

Gap-$170K

P&I $2,149Tax $630Ins $133

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

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

Metro Analysis

48201 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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