Is it affordable or expensive to live in 48187, MI?

It is affordable to live in 48187. Buying a home in 48187 is 1% less expensive compared with the national average.

Is it a good time to buy property in 48187, MI?

Yes now is a good time to buy property in 48187, in May 2026, homes in 48187 have decreased in value (price per sqft) by 1% in the last year compared with May 2025.

Are home prices dropping in 48187, MI?

Home price are dropping in 48187, in May 2026, homes to buy in 48187 have decreased in median list price by 4% compared with April 2026, one month ago.

Is the 48187, MI housing market slowing down?

In May 2026, homes to buy in 48187 spent an median 17 days on the market, a same May 2025 last year.

What are the best and safest places to live in 48187, MI?

The best and safest neighborhoods to live in 48187 in May 2026 are Indian Village, Corktown, Brush Park, Coventry Gardens, Palmer Park, Green Acres, Dearborn Hills, University District, Chapel Hill Condominiums, Ford Historic Homes, Downtown Detroit, North Rosedale Park, Rosedale Park, Russell Woods, East English Village, Colonial Square, Eight Mile Wyoming, Grandmont, Warrendale, Brightmoor

How much money should I make to buy a house in 48187, MI?

In May 2026, 48187 homes were listed to buy for a median price of $379K, with 25% down you would need $2.39K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $82K.

Is it a good time to sell my house in 48187, MI?

Yes now is a good time to sell your house in 48187, in May 2026, homes in 48187 have decreased in value (price per sqft) by 1% in the last year compared with May 2025.