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, MI

ZIP 48737 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48737

Median Home Value
$121,000
Median Rent
$596
Affordability Snapshot
$33,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$777/mo PITI).

19%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

16.9 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 48737 in MI, a household would need roughly $33,000 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 $777. That sits below the local median household income ($38,144), 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

Vacancy rate 59% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
58.6%+469% vs US avg
x
Broadband Access
71.2%-18% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
40.7%-18% vs US avg
x
Mortgage-Free
56.9%+49% vs US avg
x
$121,000
Home Value
$596
Rent
1976
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached80.8%
  • 1-unit attached0.0%
  • 2-9 units0.4%
  • 10+ units0.0%
  • Mobile home & other18.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$121,000
Median rent$596
Owner-occupied85.3%
Vacant58.6%
Price-to-income3.2x
Est. income to buy$33,000