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Home values, rents and more in ZIP code 48041 (Memphis, MI)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$330,000
Metro: $264,000 · U.S.: $366,000
Home values, past year
+6.7%
Metro: +1.8% · U.S.: +1.2%
Population
4,302
ACS 2020–24
Median household income
$75,677
Metro: $76,664 · U.S.: $80,734
ZIP codes around 48041, shaded by typical home value4804148006480624802748002480634801448005480224806448050
  • Under $290k
  • $290k–$320k
  • $320k–$350k
  • $350k–$390k
  • $390k+
  • No data
ZIP codes around 48041, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 48041 is outlined.

How 48041 compares

The typical home in ZIP code 48041 (Memphis, MI) is worth about $330,000, according to the Zillow Home Value Index for September 2026. Home values in 48041 are 25% above the typical value in the Detroit metro area ($264,000) and 10% below the U.S. typical value ($366,000).

Over the past year, home values in 48041 rose 6.7%, compared with +1.8% in the Detroit metro area and +1.2% nationally.

The median household income is $75,677, against $76,664 in the Detroit metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,302 people live in 48041 (American Community Survey 2020–24).

48041 has the 87th-highest typical home value of the 211 ZIP codes in the Detroit metro area and the 212th-highest of 891 in Michigan with Zillow figures.

Part of: Memphis, MI · St. Clair County, MI · Detroit metro area · Michigan

More for 48041 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 48041 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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