48041 — Memphis, MI Home Values
Typical home value $332,234 as of August 2026 · 88th of 217 in Detroit-Warren-Dearborn, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48041, August 2021 to August 2026. This page shows observed data only; no forecast.
How 48041 compares in the Detroit-Warren-Dearborn, MI area
ZIP code 48041 (Memphis, MI) has a typical home value of $332,234 as of August 2026, ranking 88th of 217 ZIP codes tracked in the Detroit-Warren-Dearborn, MI area, more expensive than about 60% of ZIP codes in the metro. Prices here have moved +6.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +23.7%, from $268,533 in August 2021 to $332,234 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Detroit.
Population and demographics
ZIP code 48041 has a population of 4,385, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.5% White, 2.1% two or more races, 1.7% Hispanic or Latino, 0.6% Black or African American, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Memphis Elementary School | 34165 BORDMAN RD, MEMPHIS, MI | 3.2 mi |
| Memphis JuniorSenior High School | 34130 BORDMAN RD, MEMPHIS, MI | 3.4 mi |
| John F FarrellEmmett Elementary School | 3300 KINNEY RD, EMMETT, MI | 4.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48041?
$332,234 as of August 2026, the latest month Zillow has published observed data for.
Is 48041 an expensive ZIP code in the Detroit-Warren-Dearborn, MI area?
48041 ranks 88th of 217 ZIP codes in the Detroit-Warren-Dearborn, MI area by typical home value, more expensive than about 60% of ZIP codes in the metro.
How much have home values in 48041 changed over the past year?
+6.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48041?
4,385, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48041?
Memphis Elementary School (3.2 mi), Memphis JuniorSenior High School (3.4 mi), John F FarrellEmmett Elementary School (4.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48041?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Detroit-Warren-Dearborn, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.