Schools
All of 48170 feeds Plymouth-Canton Community Schools, Michigan's 5th-largest district (~16,200 students, 25 schools).
Wayne County, Michigan
Mortgage Broker in Plymouth, MI
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Buying a home in Plymouth
Tucked between metro Detroit and Ann Arbor, the 48170 ZIP wraps the small City of Plymouth around the much larger Plymouth Charter Township, together roughly 41,000 residents across about 17,720 households. The local economy leans on automotive engineering and precision manufacturing, with employers like Adient, Brembo, Varroc, and a Rivian R&D presence layered over a walkable boutique downtown of 75-plus shops and restaurants anchored by Kellogg Park and the restored 1941 Penn Theatre. Seasonal draws like the Plymouth Ice Festival and the Plymouth Fall Festival (running since 1956) keep the area lively year-round. With a median household income around $112,000 and easy access to I-96 and M-14, it functions as an affluent bedroom community for professionals working in both Detroit and Ann Arbor.
By the numbers
Plymouth housing and mortgage snapshot
Values move. Treat these as orientation and let us pull current figures for the address you are considering.
$500,000
Typical home value, from the market research on this page
+36%
Typical rise in taxable value the year after a home sells, 2026 Uncapping Study
1
Residential ZIP codes
What financing looks like in Plymouth
At a ~$500K median, plan on roughly $130,000-$150,000 in household income to buy comfortably, about $3,100/month for principal, interest, taxes, and insurance with 20% down prevailing rates, which fits a 28% front-end ratio at about $134K. Property taxes matter here: the median annual bill is about $3,851 at a Wayne County effective rate near 1.31%, and Michigan's taxable value "uncaps" to market value when you buy, so budget for a higher first-year bill than the seller paid. MSHDA programs and FHA/VA/conventional low-down options all work in Plymouth, but because prices here push toward conforming limits, confirm loan limits and any program price caps before you shop.
Most Plymouth purchases fit under the 2026 conforming limit of $832,750; only the largest homes need a jumbo loan.
The market
The Plymouth housing market
Plymouth is one of Wayne County's pricier markets. The typical 48170 home sits around $500,000, with sources ranging from about $480K (Zillow) to $605K (Redfin, for the smaller City of Plymouth) depending on whether you measure the City or the broader ZIP. Year-over-year gains read anywhere from a typical mid-single-digit pace to an outlier +34.2% that low inventory likely inflated. What's not in doubt is the speed: homes generally go pending in about 9 days, "hot" listings in roughly 5, and Redfin scores the market 81/100 for competitiveness, with many homes closing about 2% over list. Limited supply, strong schools, and downtown walkability drive that demand.
Where to look
Plymouth neighborhoods
Downtown Plymouth
(~$400K-$1M+): Walkable historic district around Kellogg Park, older homes and condos commanding a premium for location and charm.
Lake Pointe / Lake Pointe Village
(~$400K-$700K+): Established Plymouth Township subdivision south of Five Mile and west of Haggerty; buyers pay up for the setting.
Trailwood
(~$400K-$600K): Popular family neighborhood of mostly move-in-ready 1970s single-family homes.
Plymouth Pointe
(~$160K-$300K): 144 ranch-style condos (built 1993-95, 1,000-2,000 sq ft), the most affordable entry point and a downsizer favorite.
Plymouth Township (broader)
(~$350K-$700K+): Newer subdivisions and larger lots that make up the bulk of 48170's housing stock.
Schools and commute
Commute
Downtown Detroit is about 25 miles / 30-35 minutes via I-96 or M-14/I-275, and Ann Arbor is roughly 20 minutes west on M-14.
Michigan property taxes
Plymouth property taxes after you buy
The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.
In the City of Plymouth, our 2026 Uncapping Study found taxable value typically rises about 36% the year after a sale: roughly $1,620 more in first-year tax on a $300,000 home at the local homestead millage. We build your payment on that post-sale number.
In Samantha's words
County alone does not tell you much. We would never say you are in a particular county so here are your taxes. It does not work like that. We need the actual property.
Local resources
Check Plymouth records yourself
The official offices behind the tax and school details on this page.
- City of Plymouth Assessing, for parcel records and current taxable value
- Plymouth-Canton Community Schools, for district boundaries and enrollment
- Wayne County Treasurer, for county property tax records
What our clients say
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Samantha was absolutely wonderful to work with when we purchased our new home last month. She made herself available day and night for us and was always able to quickly respond to our questions. She made the entire process so comfortable and easy. 10/10 would highly recommend!!
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Samantha and align lending are always a pleasure to work with. I recommend my clients here and they always are quick to help, knowledgeable and make the process as smooth as possible. We will definitely keep using them for our mortgage needs in the future.
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The pre-approval process for my home search in Bloomfield Hills was fast and organized. Samantha answered all my questions and helped me feel confident moving forward.
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Align Lending helped make purchasing my home in Madison Heights a smooth experience. I appreciated the regular updates and clear explanations along the way.
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I highly recommend Align Lending to anyone looking for a mortgage broker in Southeast Michigan. The team was knowledgeable, responsive, and easy to work with.
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As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
Individual experiences. Results vary.
Plymouth mortgage questions
If yours is not here, ask it on the call. There are no dumb questions.
What is the median home price in Plymouth, MI 48170?
As of 2026, the typical home in the 48170 ZIP runs around $500,000, with sources ranging from about $480,000 (Zillow) to roughly $500K-$605K depending on whether you measure the small City of Plymouth or the broader ZIP that includes Plymouth Township. It’s one of the pricier markets in Wayne County, well above the Michigan statewide median of about $294,000.
How fast do homes sell in Plymouth?
Very fast. Homes in 48170 typically go under contract in about 9 days, and the most desirable ‘hot’ homes in roughly 5 days. Redfin scores the market 81 out of 100 for competitiveness, and many homes sell at or slightly above list price with multiple offers, so buyers should be pre-approved and ready to move quickly.
What are property taxes like in Plymouth, MI?
The median annual property tax bill in Plymouth is about $3,851, reflecting a Wayne County effective rate near 1.31%. Michigan taxes are based on a property’s taxable value times the local millage, and taxable value can only grow 5% or the rate of inflation per year until the home sells, at which point it ‘uncaps’ to market value. Budget for a higher tax bill in your first year of ownership than the prior owner paid.
What income do I need to buy a median-priced home in Plymouth?
Roughly $130,000-$150,000 a year. On a ~$500,000 home with 20% down at prevailing rates, you’re looking at about $3,100/month for principal, interest, taxes, and insurance, which fits comfortably within a 28% front-end ratio at about $134K of household income. For context, the City of Plymouth’s median household income is about $112,000, so many buyers put more down or buy below the median.
Which neighborhoods should I look at in Plymouth?
Downtown Plymouth offers walkable historic homes near Kellogg Park (often $400K to $1M+). Established subdivisions like Lake Pointe Village and Trailwood are popular with families in the $400K-$700K range, while Plymouth Pointe condos ($160K-$300K) are a more affordable entry point for first-time buyers and downsizers. The broader Plymouth Township makes up most of the ZIP’s newer housing stock.
Are there first-time homebuyer programs that work in Plymouth?
Yes. Michigan State Housing Development Authority (MSHDA) programs, including the MI Home Loan and down payment assistance, can be used in Plymouth, and FHA, VA, and conventional low-down-payment loans are all options. Because 48170 is a higher-priced market, it’s worth confirming current loan limits and any program income/price caps with your lender before you shop.
Talk with a local mortgage expert
Tell Samantha what you are trying to do in Plymouth and she will tell you what actually matters for your situation, including whether the timing is right.
- 1
Tell us what you are trying to do
Not what product you want. What you are actually trying to accomplish.
- 2
We look at your situation
A licensed Align loan officer works out what matters most for you specifically.
- 3
You leave with a plan
Your options, the tradeoffs, and your next step. No obligation to go further.
Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.
