Median home value in zip code 48464 (Otter Lake, MI) is $225K, up 8.7% 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$224,865

YoY Change

+8.7%

AFFORDABILITY

Enter your income for 48464 (Otter Lake).

Income (annual)

Down Payment

$44,973 on $224,865

Affordable — 25.7% of income

Under the 28% guideline.

PITI$1,604

P/I25.7%

Afford$245K

Room+$20K

P&I $1,137Tax $334Ins $133

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

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

Metro Analysis

48464 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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free