Taylor, MI 48180 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Taylor, MI—48180

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$174,000

3.7% YoY Growth

Household Income

$59,500

25.7% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$1,580

20.8% YoY Growth

1-Bed Rent

$1,000

18.9% YoY Growth

2-Bed Rent

$1,500

15.3% YoY Growth

3-Bed Rent

$1,600

30.4% YoY Growth

Home Price Trends — Taylor, MI

As of Nov '25, the median home price in Taylor, MI is $174,000, with a year-over-year change of 3.7%. This indicates that home prices in Taylor, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$174,000	3.7%
Single Family	$174,000	3.6%
Condos	$157,000	-2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Taylor, MI

As of July '25, Rentcast reports the average rent in Taylor, MI is $1,740, with a year-over-year rent change of 20.8%. Per bedroom, the median rent as of July '25 in Taylor, MI is 1-bedrooms: $1,100, 2-bedrooms: $1,730, 3-bedrooms: $1,800, 4-bedrooms: $1,900. The most common rental property sizes in Taylor, MI are 2-bedroom and 3-bedroom, accounting for 46.3% and 36.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,580	$1,740
Studio Rent	N/A	N/A
1 Bed Rent	$1,000	$1,100
2 Bed Rent	$1,500	$1,730
3 Bed Rent	$1,600	$1,800
4 Bed Rent	$1,650	$1,900

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% of Rental Stock

Studio

1.9%

1 Bedroom

12.5%

2 Bedrooms

46.3%

3 Bedrooms

36.7%

4 Bedrooms

2.4%

5+ Bedrooms

0.3%

Property Listings — Taylor, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Taylor, MI is 45. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$180,000	-5.0%
Listing Count	179	1.0%
Listings as % of Homes	0.4%	1.0%
Days on Market	45	-2.0%

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Demographics — Taylor, MI

As of the latest ACS Survey released in 2023, Taylor, MI has a population of 62,400, which has increased by 1.3% over the past 5 years. Taylor, MI is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	62,400	1.3%
% Under 18	22.1%	-3.9%
% Seniors	16.8%	12.0%
% WFH	9.3%	200.0%
% w/ College Degree	15.8%	39.8%

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As of the latest ACS Survey released in 2023, Taylor, MI is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Taylor, MI is black, making up 19.7% of the population. Foreign-born residents account for 6.7% of the population in Taylor, MI, and this percentage has increased by 67.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	64.7%	-10.3%
% Black	19.7%	13.2%
% Hispanic	8.6%	41.0%
% Asian	1.9%	18.8%
% Foreign Born	6.7%	67.5%

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Mortgage and Risk — Taylor, MI

According to HUD data as of 2023, there were 1099 mortgage originations in Taylor, MI, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Taylor, MI. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,099
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Taylor, MI

As of 2024, the percent of homes in Taylor, MI under the Section 8 program is 14.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Taylor, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	1,368
Total Units Section 8	1,291
% Rentals under Section 8	14.7%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$70	$1,000	$930
2 Bedroom	-$330	$1,500	$1,170
3 Bedroom	-$160	$1,600	$1,440
4 Bedroom	-$100	$1,650	$1,550

Taylor, MI—48180

Key Metrics at a Glance

Home Price Trends — Taylor, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Taylor, MI

% of Rental Stock

Property Listings — Taylor, MI

Demographics — Taylor, MI

Race and Ethnicity

Mortgage and Risk — Taylor, MI

Mortgages

Rentals and Section 8 — Taylor, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Taylor, MI

Home Price to Income Ratio

Taylor, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Dearborn Heights, MI

Southgate, MI

Allen Park, MI

Dearborn, MI

Riverview, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$174,000
Median Household Income	$59,500

Taylor, MI—48180

Key Metrics at a Glance

Home Price Trends — Taylor, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Taylor, MI

% of Rental Stock

Property Listings — Taylor, MI

Demographics — Taylor, MI

Race and Ethnicity

Mortgage and Risk — Taylor, MI

Mortgages

Rentals and Section 8 — Taylor, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Taylor, MI

Home Price to Income Ratio

Taylor, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Dearborn Heights, MI

Southgate, MI

Allen Park, MI

Dearborn, MI

Riverview, MI

Frequently Asked Questions

What is the average home price in Taylor, MI 48180?

How have home prices in Taylor, MI 48180 changed over the past year?

What is the home price projection for Taylor, MI 48180?

What are the demographics of Taylor, MI 48180?

How long does it take homes to sell in Taylor, MI 48180?

What is the average rent price in Taylor, MI 48180?