A typical Ruby home is worth roughly $224,000
The median sale price was $375,000 in April 2026.
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
Home prices up 51% in 5 years
The federal house price index for the ZIP code around Ruby rose 51% over the past 5 years, about the same as across Michigan. Last year prices rose 4.3%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Ruby, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 3.2 years of income
About the same as across Michigan. Try your own numbers below.
That covers a typical Ruby home, with $49K to spare.
A two-bedroom rents for about $1,290 a month here, $30 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ruby’s typical property tax (0.79% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,290
Renters already here pay a median of $1,105, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Detroit-Warren-Livonia, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
75% of Ruby households own their home
Half of Ruby’s homes were built before 1975.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Ruby vs. its neighbors
Ruby is the least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Ruby buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.