Median home value in zip code 48237 (Oak Park, MI) is $227,532, up 1.7% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$227,532

YoY Change

+1.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 48237 (Oak Park).

Income (annual)

Down Payment

$45,506 on $227,532

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

Affordable25.9% of income

Under the 28% guideline.

PITI$1,621

P/I25.9%

Afford$246K

Room+$18K

P&I $1,151Tax $338Ins $133

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

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

Metro Analysis

48237 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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