Median home value in zip code 48315 (Shelby Township, MI) is $462,180, up 3.6% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$462,180

YoY Change

+3.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 48315 (Shelby Township).

Income (annual)

Down Payment

$92,436 on $462,180

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

Out of reach50.5% of income

Need $135,257/yr to afford.

PITI$3,156

P/I50.5%

Afford$256K

Gap-$206K

P&I $2,337Tax $686Ins $133

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

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

Metro Analysis

48315 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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