Median home value in zip code 48207 (Detroit, MI) is $147,406, down 7.3% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$147,406

YoY Change

-7.3%

Prices falling — better for buyers.

Affordability

Enter your income for 48207 (Detroit).

Income (annual)

Down Payment

$29,481 on $147,406

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

Affordable17.6% of income

Under the 28% guideline.

PITI$1,097

P/I17.6%

Afford$235K

Room+$88K

P&I $745Tax $219Ins $133

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

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

Metro Analysis

48207 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

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.