Home prices
The median home value in Taylor is $96,300. It is approximately $15,000 (13%) lower compared to nearby areas.Compared to the country as a whole it is roughly $121,200 (55%) lower, and compared to the city of Detroit it is about $47,100 (95%) higher.
Rents
In Taylor the median rent is $880 a month. It is is very similar in comparison to its nearby areas.It is approximately $182 (17%) lower compared to the US as a whole, and it is about $56 (6%) higher compared to the city of Detroit.
Nearby places
Southgate
Southgate is Taylor's neighbor to the southeast. Real estate prices there are a little more expensive. The cost of the median home in Southgate is $112,300, which works out to $16,000 (14%) higher than Taylor. Rent there is pretty similar. In Southgate the median rent is $876 a month, which is very similar to Taylor.
Allen Park
Allen Park is Taylor's neighbor to the northeast. Its housing prices are somewhat more expensive. The median home in Allen Park costs $123,800, which works out to $27,500 (22%) higher than Taylor. Rents there are a little more expensive. Allen Park's median rent is $980 per month, which works out to $100 (10%) higher than Taylor.
Romulus
Romulus is Taylor's neighbor to the west. The real estate prices there are pretty similar. The median home value in Romulus is $97,300, which comes out to $1,000 (1%) higher than Taylor. Rent there is a bit more expensive. Romulus's median monthly rent is $933, which is $53 (5%) higher than Taylor.
Lincoln Park
Lincoln Park is approximately 3 miles east from Taylor. The real estate prices there are a little less expensive. The value of the median home in Lincoln Park is $73,700, which works out to $22,600 (30%) lower than Taylor. Its rents are pretty similar. Lincoln Park's median monthly rent is $842, which comes out to $38 (4%) lower than Taylor.
Riverview
Riverview is about 4 miles southeast of Taylor. The real estate prices there are a lot more expensive. The cost of the median home in Riverview is $149,400, which works out to $53,100 (35%) higher than Taylor. The rent there is somewhat less expensive. The median rent in Riverview is $795 a month, which comes out to $85 (10%) lower than Taylor.