Median home value in zip code 48317 (Shelby Township, MI) is $290,370, up 2.5% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$290,370

YoY Change

+2.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 48317 (Shelby Township).

Income (annual)

Down Payment

$58,074 on $290,370

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

Stretch32.5% of income

Above 28% but manageable with cuts.

PITI$2,032

P/I32.5%

Afford$250K

Gap-$40K

P&I $1,468Tax $431Ins $133

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

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

Metro Analysis

48317 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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