Median home value in zip code 48202 (Detroit, MI) is $169,467, down 14.5% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$169,467

YoY Change

-14.5%

Prices falling — better for buyers.

Affordability

Enter your income for 48202 (Detroit).

Income (annual)

Down Payment

$33,893 on $169,467

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

Affordable19.9% of income

Under the 28% guideline.

PITI$1,242

P/I19.9%

Afford$239K

Room+$69K

P&I $857Tax $251Ins $133

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

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

Metro Analysis

48202 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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