Zip 48393 (Wixom, MI) Housing

Housing in 48393 Wixom, MI is currently valued at $340,000, which is slightly higher than the US housing median value of $338,100. The appreciation rate of homes in this area has also been consistently higher than the national average, with a one year appreciation rate of 8.00% compared to 8.27% nationally. This shows that the housing prices in this area are growing faster than other areas of the US and could be a good investment opportunity in the future.

The median home cost in Wixom (zip 48393) is $340,000. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Wixom (zip 48393) is up 11.2%.

Average Age of Homes

- The median age of Wixom (zip 48393) real estate is 31 years old

The Rental Market in Wixom (zip 48393)

- Renters make up 40.7% of the Wixom (zip 48393) population
- 0.3% of houses and apartments in Wixom (zip 48393), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wixom, Michigan	United States
	8,977.0	139,647,020.0
	35	42
	$340,000	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$15.79	$10.98
	$4,035	$2,690
	52.6%	57.4%
	2.7%	11.2%
	44.7%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	12.6%	2.6%
	2.7%	2.4%
	1.7%	2.8%
	2.3%	3.9%
	0.7%	4.5%
	1.1%	11.3%
	10.0%	13.0%
	31.6%	20.1%
	29.1%	13.6%
	6.2%	8.3%
	1.2%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	27.2%	13.6%
	22.7%	13.2%
	24.1%	14.8%
	27.2%	13.6%
	2.4%	10.0%
	0.6%	4.7%
	2.7%	12.2%

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