Schools
Wixom's lakeside subdivisions cluster around Loon Lake, with more affordable options in the historic core: Most addresses feed into Walled Lake Consolidated Schools, with border pockets in Novi Community or South Lyon Community Schools.
Oakland County, Michigan
Mortgage Broker in Wixom, MI
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Buying a home in Wixom
Wixom is a compact, work-driven city of roughly 17,348 residents tucked into western Oakland County along the I-96 corridor. Its identity is industrial: for half a century the Ford Wixom Assembly Plant (1957-2007) built Lincoln Continentals and Thunderbirds and once anchored about 85% of the city's tax base. That 320-acre site has been reborn as Assembly Park, now home to General RV Center's corporate headquarters. Today employers like Trijicon, MAC Valves, dSPACE, and Rockwell Medical keep the local economy humming. Buyers are drawn by all-sports Loon Lake, nearby Proud Lake Recreation Area, and quick freeway access to job hubs in Novi and Farmington Hills. At Align Lending, we finance homes across this growing 48393 ZIP.
By the numbers
Wixom housing and mortgage snapshot
Values move. Treat these as orientation and let us pull current figures for the address you are considering.
$355,000
Typical home value, from the market research on this page
+38%
Typical rise in taxable value the year after a home sells, 2026 Uncapping Study
1.24%
Effective property tax rate, as a share of value
1
Residential ZIP codes
What financing looks like in Wixom
To comfortably buy a ~$355,000 Wixom home with 20% down at around 7%, plan on a payment near $2,370 a month including taxes and insurance, that points to roughly $95,000-$105,000 in household income. Property taxes here run an effective rate near 1.24%, with a median annual bill around $3,933; the city levies roughly 38 mills, and your homestead status plus the Walled Lake, Novi, or South Lyon school levy will swing the exact figure. First-time buyers should ask us about MSHDA down-payment assistance. Most Wixom price points stay comfortably under conforming limits, so jumbo financing usually only comes into play on higher-end Loon Lake lakefront properties.
Nearly every Wixom purchase fits well under the 2026 conforming limit of $832,750, so loan size is rarely the constraint.
The market
The Wixom housing market
The typical Wixom home sits around $355,000 in 2026, though sources spread from roughly $335,000 (Redfin, March) to about $390,000 median list (Movoto, May). Prices are up about 2.3% year-over-year, and price-per-square-foot has jumped roughly 12% to near $233. The market has clearly cooled on pace: homes now average about 48 to 63 days on market, up sharply from around 24 days a year earlier. Demand is fueled by Wixom's manufacturing payrolls, lakefront inventory on Loon Lake, and its position between the Novi retail corridor and the Milford/Lyon Township countryside. Move-in-ready and downtown listings still move fast, sometimes in roughly 20 days with competing offers.
Where to look
Wixom neighborhoods
Loon Lake Woodlands
(~$400K-$650K+): lakefront and lake-access homes on all-sports Loon Lake.
Cliffs on Loon Lake
(~$450K-$700K+): newer brick colonials and cape cods built 1990s-2006, ranging ~2,600-4,400 sq ft.
Trails of Loon Lake
(~$350K-$500K): established single-family homes near the lake.
Potters Creek
(~$350K-$500K): a single-family subdivision community within the city.
Downtown Wixom
(~$250K-$400K): the older, more affordable core and the fastest-selling area (~20 days on market).
Schools and commute
Commute
Downtown Detroit is about 30 miles southeast, a 35-45 minute off-peak drive via I-96, though most residents commute to closer hubs in Novi, Farmington Hills, Auburn Hills, and Southfield.
Michigan property taxes
Wixom 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 Wixom, our 2026 Uncapping Study found taxable value typically rises about 38% the year after a sale: roughly $1,570 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
In Michigan, don't just look at the current tax bill. Understand what could happen after ownership changes.
Local resources
Check Wixom records yourself
The official offices behind the tax and school details on this page.
- City of Wixom Assessing, for parcel records and current taxable value
- Walled Lake Consolidated Schools, for district boundaries and enrollment
- Oakland County Treasurer, property taxes, for county property tax records
What our clients say
★★★★★
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.
★★★★★
Samantha was extremely helpful during my home loan process in Novi. Communication was quick, the instructions were clear, and everything stayed on track through closing.
★★★★★
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
★★★★★
Samantha Shelton was absolutely amazing! She far exceeded any expectations we had. Samantha was our biggest cheerleader throughout the entire home buying process! It literally felt like my best friend was helping us navigate and cheering us on from start to finish. I would recommend her and the team to anyone; you will be in THE best hands. She is so knowledgeable and kind. This was the best, easiest and least stressful mortgage process ever.
★★★★★
can’t say enough good things about my experience with Samantha Shelton . She took the time to explain every step of the process, answered all my questions promptly, and made sure everything stayed on track. Her professionalism, honesty, and dedication truly stood out. I would recommend her 100% to anyone buying or refinancing a home. My refinance loan was submitted, approved and clear to close the same day, that’s unheard of in the industry. What a rock star !
★★★★★
As a first-time homebuyer in Troy, I was nervous about getting my FHA loan. I went to Samantha Shelton at Align Lending and the experience was nothing short of amazing! Her expertise and fast service made everything so easy. I will definitely be going back to her, and I recommend her if you are looking for a fast and easy mortgage experience!
Individual experiences. Results vary.
Wixom mortgage questions
If yours is not here, ask it on the call. There are no dumb questions.
What is the median home price in Wixom, MI 48393?
The typical Wixom home runs around $355,000 in 2026, with sources ranging from about $335,000 (Redfin, March 2026) to roughly $390,000 median list price (Movoto, May 2026). Prices are up about 2.3% year-over-year, and price-per-square-foot has climbed roughly 12% to around $233.
What are property taxes like in Wixom?
Wixom’s effective property tax rate is about 1.24%, a bit above the national median. The median annual tax bill is around $3,933. The city levies roughly 38 mills, though your actual bill depends on whether the home is your homestead and which school district levy applies.
How long do homes stay on the market in Wixom?
In 2026 the market has cooled, homes are averaging roughly 48 to 63 days on market, up sharply from about 24 days a year earlier. Move-in-ready and downtown Wixom listings still sell fast, sometimes in about 20 days with multiple offers.
What school district serves Wixom 48393?
Most of Wixom is served by Walled Lake Consolidated Schools, a highly regarded Oakland County district. Pockets near the borders fall into Novi Community School District or South Lyon Community Schools, so confirm the boundary for any specific address.
What's the commute from Wixom to Detroit?
Wixom sits about 30 miles northwest of downtown Detroit, a 35-45 minute drive off-peak via I-96 (longer in rush hour). Most residents commute to nearer employment centers like Novi, Farmington Hills, Auburn Hills, and Southfield.
Communities near Wixom
Oakland County overviewTalk with a local mortgage expert
Tell Samantha what you are trying to do in Wixom and she will tell you what actually matters for your situation, including whether the timing is right.
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Tell us what you are trying to do
Not what product you want. What you are actually trying to accomplish.
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We look at your situation
A licensed Align loan officer works out what matters most for you specifically.
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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.
