Short Sale Listings in Taylor, MI

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View this home at Terrace Village Dr Taylor MI 48180
$99,259 EMV
Terrace Village Dr
Taylor, MI 48180
EST. RENT: $952
AUCTION: 05-02-2024
Displaying 1 - 2 of 2

Home Value Estimator For Taylor, MI

There are currently 21,066 real estate properties in Taylor, MI, with a median automated valuation model (AVM) price of $158,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Taylor, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Taylor, MI, is $173,866.00, with the most expensive house in Taylor, MI, topping out at $4,471,020.00 and the cheapest home in Taylor, MI, clocking in at $14,256.00. In other words, there’s something for every potential homebuyer or savvy investor in Taylor, MI!

Rent Prices In Taylor, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Taylor, MI, is on a rollercoaster ride. The average rent price in Taylor, MI, is $1,092.00. Indeed, when looking to rent in Taylor, MI, you can expect to pay as little as $550.00 or as much as $2,900.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Taylor, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Taylor, MI In 2024

Taylor is located in Wayne, Michigan, with an estimated municipal population of 60,922 residents. All of the best foreclosed homes for sale in Taylor are located in the following zip code areas on 48180. The estimated population per square kilometer (.62 miles) in Taylor is 996.

Cost Of Living In Taylor, MI

So, about how much do homes cost in Taylor? The most recent median value of resident-owned homes in Taylor is 96,853. An estimated 64.1 percent of households in Taylor own their homes, with an average family size of 3.1. The median household income in Taylor is 50,053, with16.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Taylor, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in Taylor? If so, the average rent price paid by renters in Taylor is 880, according to recent statistics.

Diversity And Demographics In Taylor, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Taylor, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Taylor is 38, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Taylor is 39.8, with an average family size of 3.1.

The percentage of residents who report their race in Taylor is as follows:

White 75.3%
Black / African American 19.1%
Asian 1.5%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Taylor? Or maybe you are searching for 55+ active adult communities in and/or near Taylor?

The percentage of residents who report their age in Taylor is as follows:

Under 10 12.5%
Aged 10-19 11.4%
20s 15%
30s 12.8%
40s 13.2%
50s 13.6%
60s 11.6%
70s 6.2%
80+ 3.8%

Best Schools In Taylor, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Taylor with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Taylor.

Pros And Cons Of Living In Taylor, Michigan

How do you know that living in -- or moving to -- Taylor is right where you need to be? Perhaps you grew up in Taylor or already live nearby; therefore, the decision to buy a home in Taylor is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Taylor for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Taylor:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Taylor.

Reasons To Move To Taylor, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Taylor can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Taylor, meanwhile, can field multiple offers from more qualified buyers.

Taylor, MI Short Sale Listings


Listing types in Taylor, MI

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