Is it affordable or expensive to live in 48118, MI?

It is expensive to live in 48118. Buying a home in 48118 is 1% more expensive compared with the national average.

Is the 48118, MI housing market slowing down?

The housing market in 48118 is slowing down. In May 2026, homes to buy in 48118 spent an median 21 days on the market, a 25% decrease from May 2025 last year.

What are the best and safest places to live in 48118, MI?

The best and safest neighborhoods to live in 48118 in May 2026 are North Burns Park, Earhart Village, Downtown South Lyon, Lower Burns Park, Chalmers, North Central, Wildwood Park, Downtown Ann Arbor, Glazier Way, Newport West Condominiums, Foxfire Condominiums, Coventry Gardens, Downtown Milford, Geddes Lake Condominiums, Platt Road, Broadway, River House Condominiums, Georgetown, Chapel Hill Condominiums, Colonial Square

How much money should I make to buy a house in 48118, MI?

In May 2026, 48118 homes were listed to buy for a median price of $439K, with 25% down you would need $2.75K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $94.5K.