Median home value in zip code 48220 (Ferndale, MI) is $241K, down 0.1% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Detroit-Warren-Dearborn, MI metro →

Home Value$241,023

YoY Change

-0.1%

AFFORDABILITY

Enter your income for 48220 (Ferndale).

Income (annual)

Down Payment

$48,205 on $241,023

Affordable — 27.4% of income

Under the 28% guideline.

PITI$1,710

P/I27.4%

Afford$247K

Room+$6K

P&I $1,219Tax $358Ins $133

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

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Metro Analysis

48220 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

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