Median home value in zip code 48208 (Detroit, MI) is $130,486, down 9.5% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$130,486

YoY Change

-9.5%

Prices falling — better for buyers.

Affordability

Enter your income for 48208 (Detroit).

Income (annual)

Down Payment

$26,097 on $130,486

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

Affordable15.8% of income

Under the 28% guideline.

PITI$987

P/I15.8%

Afford$231K

Room+$101K

P&I $660Tax $194Ins $133

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

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

Metro Analysis

48208 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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