48381
Milford, Michigan.
Milford, Oakland County, MI · Detroit-Warren-Dearborn, MI metro · population 14,094
to buy the typical home at today's mortgage rate — +$1,294 (+111%) since Jan 2020.
- 1 year
- Up $18,920 +4%
- $449,507$468,427 since Sep 2025
- 5 years
- Up $92,933 +25%
- $375,493$468,427 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.
- 48381$2,459
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 48381 rose 4.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Milford, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48381
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48381$2,187
- Detroit$1,514
- United States$1,932
Typical home value — 48381
Mid-tier homes, smoothed and seasonally adjusted.
- 48381$468,427
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 64 zips in range — sorting picks from all 64.
| 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 |
|---|---|---|---|---|---|
| 3.8 | 48393 | Wixom | 20,145 | $1,179 | $383,561 |
| 3.9 | 48380 | Milford | 7,125 | — | $561,420 |
| 4.5 | 48165 | New Hudson | 9,566 | $2,048 | $461,657 |
| 4.8 | 48382 | Commerce Township | 24,479 | $2,323 | $465,240 |
| 6.1 | 48390 | Walled Lake | 23,939 | $2,239 | $311,828 |
| 6.4 | 48356 | Highland | 8,365 | — | $370,699 |
| 6.8 | 48357 | Highland | 8,718 | — | $397,734 |
| 7.1 | 48383 | White Lake | 13,285 | $2,276 | $423,526 |
| 7.3 | 48377 | Novi | 19,816 | $1,976 | $378,334 |
| 7.3 | 48374 | Novi | 17,672 | $1,997 | $673,283 |
| 8.3 | 48114 | Brighton | 21,588 | — | $481,563 |
| 8.6 | 48353 | Hartland | 7,014 | — | $395,554 |
| 8.9 | 48386 | White Lake | 17,856 | $2,083 | $377,720 |
| 8.9 | 48178 | South Lyon | 37,789 | $1,652 | $472,962 |
| 9.4 | 48167 | Northville | 24,713 | $1,671 | $491,966 |
| 9.4 | 48375 | Novi | 24,029 | $1,759 | $398,976 |
| 10.2 | 48331 | Farmington | 21,562 | $1,735 | $455,784 |
| 10.4 | 48116 | Brighton | 27,289 | $2,382 | $416,702 |
| 10.5 | 48324 | West Bloomfield | 17,098 | $1,849 | $477,291 |
| 10.7 | 48327 | Waterford | 20,960 | $1,337 | $278,298 |
| 10.9 | 48322 | West Bloomfield | 32,885 | $2,258 | $415,216 |
| 11.0 | 48323 | West Bloomfield | 17,235 | — | $523,954 |
| 11.2 | 48168 | Northville | 25,038 | $2,648 | $652,361 |
| 11.9 | 48335 | Farmington | 25,077 | $1,199 | $423,537 |
| 12.7 | 48350 | Davisburg | 8,163 | — | $434,443 |
| 13.0 | 48334 | Farmington | 19,618 | $1,734 | $354,221 |
| 13.3 | 48139 | Hamburg | 96 | — | $331,006 |
| 13.4 | 48328 | Waterford | 24,478 | $1,279 | $254,075 |
| 13.4 | 48320 | Keego Harbor | 4,277 | — | $298,874 |
| 13.5 | 48329 | Waterford | 24,715 | $1,772 | $290,793 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.