The story of this market
The typical home in ZIP 48180 sells for about $175,000, or $145 per square foot.
Prices are down 9.68% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,101 a month.
ZIP 48180 — Taylor
The 48180 housing market is currently experiencing a period of price stabilization following a year-over-year decline in median listing prices. Inventory levels remain constrained, which continues to support a competitive environment for entry-level homes. Market activity is largely driven by local demand and the area's relative affordability within the Detroit metro region.
This ZIP code is well-suited for first-time homebuyers, working-class families, and investors seeking affordable entry points into the Detroit housing market. Its proximity to major highways makes it a practical choice for commuters working in the regional manufacturing and logistics sectors.
Median prices moved down 9.7% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 18.4% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48180, Wayne County MI
Crime rates in Taylor are generally higher than the national average, with property crime being the most frequently reported issue. The city experiences trends consistent with other inner-ring suburbs of the Detroit metropolitan area.
Schools serving the 48180 ZIP code are primarily part of the Taylor School District, which generally receives mixed performance ratings. Educational outcomes vary significantly across the district's individual campuses.
The area faces moderate risks related to urban flooding during heavy precipitation events. Standard property insurance coverage is available, though premiums are influenced by regional weather patterns in Southeast Michigan.
Economic momentum is driven by proximity to the Detroit Metropolitan Airport and regional manufacturing hubs. Development is largely focused on infill projects and the revitalization of existing commercial corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents benefit from direct access to I-94 and I-75, providing a standard commute to downtown Detroit and the surrounding industrial employment centers. Public transit options are limited, making personal vehicle ownership the primary mode of transportation.
The area features several local parks, including Heritage Park, which offers trails, sports fields, and community events. Shopping and dining options are concentrated along the Telegraph Road corridor.
The rental market is characterized by steady demand for single-family homes and apartment units. Vacancy pressure remains low due to the area's affordability relative to the broader Detroit metro market.
The local economy is anchored by manufacturing, logistics, and service-sector employment. Proximity to the Detroit Metropolitan Airport serves as a significant economic driver for the region.
The area is served by a network of major highways including I-94 and I-75, facilitating regional connectivity. Public transportation is primarily limited to bus services provided by SMART.
Development activity is focused on the modernization of existing commercial properties and residential infill. No major large-scale master-planned communities are currently under construction.
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Parcels are subject to standard municipal and county tax levies, with no significant special assessment districts reported.
Property insurance premiums are generally stable, though homeowners should account for potential flood-risk adjustments in specific low-lying areas.
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Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
- Little Caesars Arena4.614.1 mi
- Comerica Park4.714.2 mi
- Ford Field4.614.4 mi
- Huntington Place4.513.7 mi
- Masonic Temple4.413.9 mi
- Ambassador Bridge412.1 mi
- Henry Ford Museum of American Innovation4.86.3 mi
- Greenfield Village4.86.4 mi
- Michigan Central4.812.6 mi
- Emagine Canton4.610.8 mi
- Henry Ford Museum of American Innovation4.86.3 mi
- Detroit Institute of Arts4.814.5 mi
- Greenfield Village4.86.4 mi
- Michigan Central4.812.6 mi
- Motown Museum4.713.9 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.58.5 mi
- Heritage Park4.71 mi
- Ford Field Park4.66.6 mi
- Riverside Park4.511.8 mi
- Lake Erie Metropark4.610.7 mi
- Motor City Marina4.56.3 mi
- Elizabeth Park Marina4.67.7 mi
- Wyandotte Boat Club4.66.4 mi
- Boaters Value Store4.76.3 mi
- Ecorse Boat Ramp3.86.5 mi
- Western Golf & Country Club4.612.3 mi
- Lakes of Taylor Golf Course4.30.7 mi
- Seven Lakes Golf Course Ltd4.212.5 mi
- Fellows Creek Golf Club & Banquet Center4.29.8 mi
- Ambassador Golf Club4.510.2 mi
- Fairlane Town Center4.17.4 mi
- Meijer4.15.5 mi
- Southland Center4.21.4 mi
- Meijer4.111.6 mi
- Meijer4.213 mi
- Detroit Metropolitan Wayne County Airport4.34.1 mi
- Windsor International Airport4.217.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large municipal park featuring trails, a petting farm, and sports facilities.
A major regional shopping destination located in the vicinity.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).