Median home value in zip code 48212 (Hamtramck, MI) is $117,966, up 1.5% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$117,966

YoY Change

+1.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 48212 (Hamtramck).

Income (annual)

Down Payment

$23,593 on $117,966

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

Affordable14.5% of income

Under the 28% guideline.

PITI$905

P/I14.5%

Afford$228K

Room+$110K

P&I $597Tax $175Ins $133

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

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

Metro Analysis

48212 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.