Median home value in zip code 48350 (Springfield, MI) is $418,462, up 3.5% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$418,462

YoY Change

+3.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 48350 (Springfield).

Income (annual)

Down Payment

$83,692 on $418,462

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

Out of reach45.9% of income

Need $123,000/yr to afford.

PITI$2,870

P/I45.9%

Afford$255K

Gap-$163K

P&I $2,116Tax $621Ins $133

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

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

Metro Analysis

48350 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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