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 to 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%
Property tax current owners pay, as a share of value. A buyer's bill can reset higher the year after a sale
1
Residential ZIP code: 48393
What financing looks like in Wixom
To comfortably buy a roughly $355,000 Wixom home, including taxes and insurance, plan on roughly $95,000 to $105,000 in household income; your number depends on your down payment, rate and debts, and Samantha can run it with you. 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, Loon Lake lakefront included, so a jumbo loan comes in only when the amount borrowed is above the 2026 conforming limit of $832,750.
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
Lakefront and lake-access homes on all-sports Loon Lake. Prices run about $400,000 to $650,000 and up.
Cliffs on Loon Lake
Newer brick colonials and cape cods built 1990s-2006, ranging about 2,600 to 4,400 sq ft. Prices run about $450,000 to $700,000 and up.
Trails of Loon Lake
Established single-family homes near the lake. Prices run about $350,000 to $500,000.
Potters Creek
A single-subdivision community within the city. Prices run about $350,000 to $500,000.
Downtown Wixom
The older, more affordable core and the fastest-selling area (about 20 days on market). Prices run about $250,000 to $400,000.
Schools and commute
Commute
Downtown Detroit is about 30 miles southeast, a 35 to 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. On a $350,000 home, near the typical Wixom value, the first-year tax goes up roughly $1,730 at the Walled Lake schools rate most homes here pay. We build your payment on that post-sale number.
Looking at a Wixom address? Our Michigan property tax calculator finds that property's published 2025 millage and works out the tax to plan for after you buy.
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
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Can’t say enough great things about Samantha and her team at Align Lending! Highly recommend
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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.
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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 is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
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, an 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 to 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
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Samantha looks at your situation
She 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.
