Market Overview
Home Prices in Wixom, MI
The median home value in Wixom, MI is $392,830 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wixom are priced4% below average. Wixom is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Wixom home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Wixom Home Price Trend
City Comparison
Wixom vs. National Median
At $392,830, homes in Wixom cost 4% below the national median of $410,000. This makes Wixom a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wixom?
20% Down Payment
$78,566
on $392,830
Monthly P&I
$2,049/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,602/mo
incl. taxes & insurance
Income Needed
$104,080
gross annual (30% rule)
10% Down Option
$39,283
+ PMI applies
Loan Amount (20% dn)
$314,264
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wixom, MI?
The median home value in Wixom is $392,830 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Wixom?
Over the past year, home values in Wixom have increased by 1.9%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Wixom?
To comfortably afford the median home price of $392,830 with a 20% down payment ($78,566) at today's rates (6.8%), you'd need a gross annual income of approximately $104,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Wixom compare to the national average home price?
The national median home value is approximately $410,000. At $392,830, homes in Wixom are 4% below the national average.
What metro area is Wixom part of?
Wixom is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.