Taylor, MI is a city located in the Metro Detroit area with a population of about 63,500 people. The median value of homes in Taylor is $148,000, which is lower than the US median housing value of $338,100. This means that Taylor is an affordable option for housing in the Metro Detroit area. Despite this lower value, the 1 year appreciation rate on houses in Taylor is 8.47%, which is slightly higher than the national average of 8.27%. This indicates that even though Taylor may have a lower median housing value than many other cities in Metro Detroit, it still has robust demand and appreciation. Thus, Taylor presents an excellent opportunity for residents looking for an affordably priced home with excellent potential for growth
The median home cost in Taylor (zip 48180) is $148,000. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Taylor (zip 48180) is up 13.1%.
Average Age of Homes
- The median age of Taylor (zip 48180) real estate is 54 years old
The Rental Market in Taylor (zip 48180)
- Renters make up 30.6% of the Taylor (zip 48180) population
- 2.4% of houses and apartments in Taylor (zip 48180), 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.