How much is a home worth in ZIP code 48430?

The typical home in 48430 is worth $367,457, based on the Zillow Home Value Index.

Are home values rising in 48430?

Home values in 48430 are up 3.8% over the past year, and up 4.9% a year over five years.

What is the typical rent in 48430?

A typical home in 48430 rents for about $1,435 a month, a gross rental yield of 4.7%.

What is the property tax rate in 48430?

The effective property tax rate in 48430 is 1.0% — roughly $3,644 a year on a typical home.

ZIP code 48430 has a population of 39,309 and a median household income of $100,193.

HousingHandbookReference data

…

U.S. ZIP Code · MI48430

Livingston County · Detroit-Warren-Dearborn, MI

Typical home value

$367,457^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: +4.9%
10-year / yr: +6.3%

Relative price

vs U.S.: +29.4%
vs metro: +21.4%
vs state: +53.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48430 is worth $367,457 — 21.4% above the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,435 a month — a 4.7% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,435^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $3,644^[3]

#Climate risk

FEMA National Risk Index ratings for Livingston County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively Low

#Who lives here

Population: 39,309^[3]
Median household income: $100,193^[3]

#Migration

Household moves in and out of Livingston County over a year, from IRS tax-return data.

Net migration: -16^[5]
Moved in: 5,263
Moved out: 5,279

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 2
High: 2

Fenton Senior High School
High · Grades 9–12 · Fenton Area Public Schools
1,048 students
Andrew G Schmidt Middle School
Middle · Grades 6–8 · Fenton Area Public Schools
718 students
West Shore Elementary School
Elementary · Grades PK–2 · Lake Fenton Community Schools
474 students
Lake Fenton Middle School
Middle · Grades 6–8 · Lake Fenton Community Schools
452 students
Torrey Hill Intermediate School
Elementary · Grades 3–5 · Lake Fenton Community Schools
406 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.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$17,223

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,858

Loan principal$293,966

Down payment$73,491

Total interest paid$374,937

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.72

Monthly cost to own$2,467

Monthly rent$1,435

Renting is meaningfully cheaper month-to-month.

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.

Appreciation: 38th percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 22nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48430?: The typical home in 48430 is worth $367,457, based on the Zillow Home Value Index.
Are home values rising in 48430?: Home values in 48430 are up 3.8% over the past year, and up 4.9% a year over five years.
What is the typical rent in 48430?: A typical home in 48430 rents for about $1,435 a month, a gross rental yield of 4.7%.
What is the property tax rate in 48430?: The effective property tax rate in 48430 is 1.0% — roughly $3,644 a year on a typical home.
Who lives in 48430?: ZIP code 48430 has a population of 39,309 and a median household income of $100,193.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48346 vs 48430 →
Village of Clarkston, MI
Typical home
$365,808
Gross yield
5.7%
48083 vs 48430 →
Troy, MI
Typical home
$361,816
Gross yield
5.8%
48314
Sterling Heights, MI
Typical home
$360,764
Gross yield
—
48137
MI
Typical home
$360,246
Gross yield
—
48356
MI
Typical home
$375,485
Gross yield
—
48003
Almont, MI
Typical home
$359,283
Gross yield
—

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#Jump to section

U.S. ZIP Code · MI48430

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