Median home value in zip code 48331 (Farmington Hills, MI) is $447K, up 2.3% 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$446,507

YoY Change

+2.3%

AFFORDABILITY

Enter your income for 48331 (Farmington Hills).

Income (annual)

Down Payment

$89,301 on $446,507

Out of reach — 48.8% of income

Need $130,843/yr to afford.

PITI$3,053

P/I48.8%

Afford$256K

Gap-$191K

P&I $2,258Tax $662Ins $133

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

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Metro Analysis

48331 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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