What does financing look like in Maybee?
Redfin's housing market page for ZIP 48159 reports a median sale price of $289,915 for the three months ending September 2026, up 4.7% from a year earlier, based on 8 sales and a median of 13 days on market, and its 12-month view has the average home selling about 2% below list price and going pending in around 34 days. The Census American Community Survey for 2020 to 2024 measures something different, the value owners put on the homes they live in: $251,000 in the village of Maybee, with a margin of plus or minus $79,446, and $310,100 in Exeter Township, with a margin of plus or minus $29,698. The township's 2026 master plan adds that 49% of its owner-occupied homes were valued at $300,000 or more in 2023, against 20% in 2010. If you are looking for a mortgage broker in Maybee, MI, at these prices most purchases are conventional loans inside the 2026 conforming limit of $832,750. FHA works as long as the loan stays within the 2026 Monroe County one-unit limit of $541,287, which caps the loan, not the price, and VA is there for eligible veterans and service members. A jumbo loan comes in only when the amount borrowed is above the conforming limit, and the loan limits page shows the figures by county. USDA's loan program covers homes in the areas its own eligibility map marks, and our USDA eligibility check reads that map for one address.
What the land needs matters as much as the price. Homes beyond the township's water lines rely on a private well, a hauled water system or both, plus a septic system, and Monroe County's Environmental Health Division issues the permits: its onsite water supply page says a well permit includes a water sample analyzed at the Health Department's accredited laboratory, and its onsite sewage page says a replacement septic permit includes a site assessment with soil borings. The township expanded its water system in 2008 to serve much of the township, per its master plan, and its treasurer page posts special assessment payment schedules for water districts #1, #2, #3, #4A and #4B, so ask whether a parcel carries one. Farmland can carry an agreement too: about 2,300 acres in the township are enrolled in the PA 116 farmland program, which the master plan describes as a voluntary agreement that keeps land in agriculture in exchange for tax benefits and exemptions from some special assessments. Ponds are regulated by the township, which publishes pond regulations and a pond permit application on its zoning page, and by the village, whose zoning ordinance has a ponds chapter. The master plan also anticipates single-family condominium developments, so a site condominium purchase comes with a master deed and bylaws to read, and the Census counts an estimated 73 manufactured homes in the township, with a margin of plus or minus 65, so ask early whether a manufactured home sits on land the buyer will own. Our guides on septic systems and manufactured homes cover the loan side of each.
First-time buyers can look at MSHDA's MI Home Loan, which has a $566,355 cap on the sales price, paired with the $10,000 MI 10K down payment loan, which is repaid when you sell, refinance, pay off the mortgage or stop living in the home. Household income limits apply, so we look at those before anything else. On taxes, the village adds 7.0 mills in either school district. Run the numbers for an address with the Michigan property tax calculator, which uses the exact published millage, and read conventional and FHA loan basics, plus first-time buyer programs and mortgage insurance, before you compare offers.
Inside the village of Maybee the 2025 homestead millage is 33.0501 mills in Monroe Public Schools and 36.2801 in Dundee Community Schools, which is 7.0 mills above the same districts in Exeter Township outside the village, and the 48159 mailing address does not say which row applies.
