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Northville city, MI

ZIP 48168 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48168

Median Home Value
$546,300
Median Rent
$1,873
Affordability Snapshot
$150,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,509/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48168 in Northville city, MI, a household would need roughly $150,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,509. That sits below the local median household income ($173,671), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
91.2%+39% vs US avg
x
Vacancy Rate
3.5%-66% vs US avg
x
Broadband Access
96.7%+11% vs US avg
x
4+ Bedrooms
9.9%-33% vs US avg
x
Built Pre-1939
0.8%-93% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
24.0%-52% vs US avg
x
Mortgage-Free
39.4%+3% vs US avg
x
$546,300
Home Value
$1,873
Rent
1998
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.0%
  • 1-unit attached18.9%
  • 2-9 units6.6%
  • 10+ units2.4%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$546,300
Median rent$1,873
Owner-occupied91.2%
Vacant3.5%
Price-to-income3.1x
Est. income to buy$150,000