48315
Shelby Township, Michigan.
Shelby Township, Macomb County, MI · Detroit-Warren-Dearborn, MI metro · population 28,472
to buy the typical home at today's mortgage rate — +$1,328 (+117%) since Jan 2020.
- 1 year
- Up $8,612 +2%
- $460,560$469,172 since Sep 2025
- 5 years
- Up $94,330 +25%
- $374,842$469,172 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48315$2,463
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in zip 48315 rose 1.9% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Shelby Township, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48315
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48315$2,028
- Detroit$1,514
- United States$1,932
Typical home value — 48315
Mid-tier homes, smoothed and seasonally adjusted.
- 48315$469,172
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 90 zips in range — sorting picks from all 90.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.3 | 48316 | Utica | 28,784 | $1,750 | $413,142 |
| 3.4 | 48317 | Utica | 27,565 | $1,446 | $296,225 |
| 3.7 | 48044 | Macomb | 58,754 | $1,469 | $414,684 |
| 4.6 | 48042 | Macomb | 33,875 | $2,171 | $437,747 |
| 4.9 | 48094 | Washington | 20,736 | $2,070 | $465,429 |
| 5.0 | 48313 | Sterling Heights | 34,015 | $1,577 | $294,203 |
| 5.2 | 48314 | Sterling Heights | 21,803 | $1,711 | $357,702 |
| 5.4 | 48038 | Clinton Township | 44,422 | $1,305 | $288,666 |
| 6.5 | 48307 | Rochester | 44,714 | $1,795 | $413,997 |
| 7.3 | 48096 | Ray | 3,778 | — | $429,092 |
| 7.4 | 48036 | Clinton Township | 22,538 | $1,111 | $259,210 |
| 7.7 | 48095 | Washington | 5,701 | — | $534,832 |
| 7.8 | 48043 | Mount Clemens | 15,429 | $1,258 | $172,724 |
| 7.9 | 48312 | Sterling Heights | 34,401 | $1,491 | $290,549 |
| 8.0 | 48085 | Troy | 27,231 | $2,586 | $456,871 |
| 8.2 | 48310 | Sterling Heights | 43,354 | $1,563 | $314,282 |
| 8.5 | 48306 | Rochester | 28,389 | $1,872 | $596,912 |
| 8.7 | 48051 | New Baltimore | 17,922 | $1,575 | $311,072 |
| 9.2 | 48035 | Clinton Township | 33,569 | $1,364 | $222,096 |
| 9.5 | 48026 | Fraser | 14,583 | $1,450 | $235,596 |
| 9.6 | 48309 | Rochester | 30,685 | $2,175 | $481,294 |
| 10.1 | 48083 | Troy | 23,771 | $1,895 | $352,514 |
| 10.1 | 48045 | Harrison Township | 24,061 | $1,307 | $279,648 |
| 10.6 | 48098 | Troy | 20,936 | $2,414 | $584,080 |
| 10.8 | 48363 | Oakland | 7,362 | — | $707,528 |
| 10.9 | 48088 | Warren | 22,991 | $1,852 | $238,638 |
| 10.9 | 48093 | Warren | 25,014 | $1,568 | $219,232 |
| 11.1 | 48047 | New Baltimore | 40,302 | $1,875 | $342,467 |
| 11.3 | 48048 | New Haven | 11,349 | — | $295,556 |
| 11.5 | 48092 | Warren | 27,374 | $1,741 | $238,382 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.