Market Overview
Home Prices in River Rouge, MI
The median home value in River Rouge, MI is $86,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in River Rouge are priced79% below average. River Rouge is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, River Rouge home values have risen by approximately38.3%, reflecting strong long-term appreciation in this market.
Price History
River Rouge Home Price Trend
City Comparison
River Rouge vs. National Median
At $86,329, homes in River Rouge cost 79% below the national median of $410,000. This makes River Rouge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in River Rouge?
20% Down Payment
$17,266
on $86,329
Monthly P&I
$450/mo
30-yr @ 6.8%
Total Monthly Est.
~$572/mo
incl. taxes & insurance
Income Needed
$22,880
gross annual (30% rule)
10% Down Option
$8,633
+ PMI applies
Loan Amount (20% dn)
$69,063
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in River Rouge, MI?
The median home value in River Rouge is $86,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in River Rouge?
Over the past year, home values in River Rouge have increased by 2.7%. Over five years, prices have risen approximately 38.3%.
How much do I need to earn to buy a home in River Rouge?
To comfortably afford the median home price of $86,329 with a 20% down payment ($17,266) at today's rates (6.8%), you'd need a gross annual income of approximately $22,880. This assumes keeping total housing costs at or below 30% of gross income.
How does River Rouge compare to the national average home price?
The national median home value is approximately $410,000. At $86,329, homes in River Rouge are 79% below the national average.
What metro area is River Rouge part of?
River Rouge is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.