Median home value in zip code 48206 (Detroit, MI) is $83,685, down 11.8% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$83,685

YoY Change

-11.8%

Prices falling — better for buyers.

Affordability

Enter your income for 48206 (Detroit).

Income (annual)

Down Payment

$16,737 on $83,685

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

Affordable10.9% of income

Under the 28% guideline.

PITI$681

P/I10.9%

Afford$215K

Room+$131K

P&I $423Tax $124Ins $133

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

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

Metro Analysis

48206 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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