U.S. ZIP Code · MI48374
Oakland County · Detroit-Warren-Dearborn, MI
Appreciation
- 1-year
- +3.3%
- 5-year / yr
- +5.6%
- 10-year / yr
- +4.5%
Relative price
- vs U.S.
- +139.8%
- vs metro
- +125.1%
- vs state
- +184.9%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 48374 is worth $681,280 — 125.1% above the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 3.3%. The effective property tax rate is 1.4%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Oakland County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively High[4]
- Riverine flood
- Relatively High
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- No Rating
- Heat wave
- Relatively High
- Hurricane
- Very Low
- Tornado
- Very High
- Earthquake
- Relatively Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Oakland County over a year, from IRS tax-return data.
- Net migration
- -3,230[5]
- Moved in
- 30,811
- Moved out
- 34,041
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 6
- Elementary
- 4
- Middle
- 2
- High
- 0
Novi Middle School
Middle · Grades 5–8 · Novi Community School District
1,090 students
Novi Meadows School
Middle · Grades 5–7 · Novi Community School District
1,039 students
Novi Woods Elementary School
Elementary · Grades K–4 · Novi Community School District
518 students
Thornton Creek Elementary School
Elementary · Grades K–5 · Northville Public Schools
509 students
Parkview Elementary School
Elementary · Grades K–4 · Novi Community School District
481 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 48374?
- The typical home in 48374 is worth $681,280, based on the Zillow Home Value Index.
- Are home values rising in 48374?
- Home values in 48374 are up 3.3% over the past year, and up 5.6% a year over five years.
- What is the property tax rate in 48374?
- The effective property tax rate in 48374 is 1.4% — roughly $9,554 a year on a typical home.
- Who lives in 48374?
- ZIP code 48374 has a population of 17,672 and a median household income of $182,827.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
MI
- Typical home
- $696,417
- Gross yield
- —
Northville, MI
- Typical home
- $656,875
- Gross yield
- —
Pontiac, MI
- Typical home
- $729,051
- Gross yield
- 3.4%
Beverly Hills, MI
- Typical home
- $633,335
- Gross yield
- —
Birmingham, MI
- Typical home
- $737,952
- Gross yield
- 5.8%
Rochester Hills, MI
- Typical home
- $599,639
- Gross yield
- 4.1%
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 48374 against any other ZIP — full side-by-side table.
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