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Sarah Mitchell

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Compass Real Estate · Plymouth, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Plymouth, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Plymouth, MI Housing Market

Strong seller's market+2.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Plymouth, MI is worth $481,893, rose 2.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $610,000, +4.8% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 10 days, Plymouth is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $481,893 home is about $2,573/mo in principal and interest.

Key numbers for Plymouth, MI

Typical home value

$481,893

+2.7% in 12 months

Zillow, August 2026

Typical asking rent

$1,587/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$610,000

+4.8% year over year

Redfin, through May 2026

Days on market

10

Fast-moving

Redfin, through May 2026

Active listings

30

3.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$111,742

Home costs 4.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

104.4%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Plymouth a buyer's or seller's market?

Strong seller's market3.0 months of supply10 days on market104.4% of asking

Plymouth, MI is a strong seller's market, based on 3.0 months of supply and homes selling in about 10 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Plymouth housing market data show?

Every row below is Redfin's final published month for Plymouth, MI. Redfin, through May 2026

Housing market statistics for Plymouth, MI, Redfin through May 2026
MetricValue
Median sale price$610,000
Median list price$400,000
Year-over-year price change+4.8%
Median price per sq ft$316/sq ft
Median days on market10 days
Active inventory30 listings
Months of supply3.0 months
Sale-to-list price ratio104.4%
Homes sold (that month)10
New listings (that month)21
Listings with a price cut36.7%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Plymouth is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Plymouth is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Plymouth home prices moved?

Over the last three years the median sale price in Plymouth, MI rose 40.2%, from $435,000 to $610,000. The live Zillow value series has rose 2.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 36.7% of Plymouth listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 104.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Plymouth?

Priced off the typical home value of $481,893 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Plymouth, MI
Down paymentCash at closeLoan amountMonthly P&I
20%$96,379$385,514$2,573/mo
5%$24,095$457,798$3,055/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,573, that implies roughly $110,255 a year before you add taxes and insurance. The median household in Plymouth earns $111,742, about $1,487 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Plymouth in the next 12 months?

Tell us your timeline. We send the Plymouth market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Plymouth?

Typical asking rent in Plymouth, MI is $1,587/mo, against a typical home value of $481,893. That is a price-to-rent ratio of 25.3x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,573 a month — $986 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Plymouth?

Active listings in Plymouth, MI went from 28 in May 2025 to 30 in May 2026, a +7.1% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Plymouth, MI
MonthActive listingsNew listings
June 20253015
July 20253225
August 20253821
September 20253618
October 20253116
November 20252411
December 2025237
January 2026196
February 20262617
March 20262415
April 20263015
May 20263021

Redfin, through May 2026

How does Plymouth compare to Michigan and the U.S.?

Plymouth homes sell for $610,000 — 105% above the Michigan median of $297,900. Against the national median of $410,700, Plymouth runs 49% higher. Year-over-year, Plymouth moved +4.8% against Michigan's +4.6% — a bigger swing than the state as a whole.

Plymouth, MI compared with Michigan and the United States
MarketMedian sale priceYoYDays on market
Plymouth, MI$610,000+4.8%10 days
Michigan statewide$297,900+4.6%24 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Plymouth

What buyers should watch

  • Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 36.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $482 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $481,893 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Plymouth listing goes under contract in 10 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 104.4% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Plymouth added 21 new listings against 10 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +2.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Plymouth varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Plymouth

There are currently 30 homes listed for sale in Plymouth, Michigan. The median listing price is $400K. Featured listings range from $299,900 to $1,099,000.

3 bedroom house for sale at 41890 E Ann Arbor Trl Plymouth 48170 - $299,900
New Listing
40
$299,900

41890 E Ann Arbor Trl

Plymouth, MI 48170

3 bd1 ba931 sqft$322/ft²
House10,890 sqft lot

EXP Realty The Perna Team

View photos & details
3 bedroom house for sale at 10912 Chestnut Ct Plymouth 48170 - $340,000
New Listing
48
$340,000

10912 Chestnut Ct

Plymouth, MI 48170

3 bd1 ba1,336 sqft$254/ft²
House7,405 sqft lot

Social House Real Estate Group LLC

View photos & details
3 bedroom condo for sale at 12301 Pinecrest Dr Plymouth 48170 - $399,000
New Listing
18
$399,000

12301 Pinecrest Dr

Plymouth, MI 48170

3 bd3 ba1,374 sqft$290/ft²
Condo

Jerlee Taylor-Bond · RE/MAX Platinum

View photos & details
3 bedroom townhouse for sale at 41545 Breck St Plymouth 48170 - $459,000
New BuildPrice Drop −$40K
24
$459,000

41545 Breck St

Plymouth, MI 48170

3 bd3 ba1,886 sqft$243/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 315 N Sydney Ct Plymouth 48170 - $494,990
New BuildPrice Drop −$15K
35
$494,990

315 N Sydney Ct

Plymouth, MI 48170

3 bd4 ba1,860 sqft$266/ft²
Townhouse
View photos & details
3 bedroom house for sale at 6810 N Territorial Rd Plymouth 48170 - $499,900
New Listing
35
$499,900

6810 N Territorial Rd

Plymouth, MI 48170

3 bd2 ba1,872 sqft$267/ft²
House3.45 acres

Jeffrey Glover · Keller Williams Professionals

View photos & details
3 bedroom townhouse for sale at 396 N Sydney Ct Plymouth 48170 - $499,990
New BuildPrice Drop −$14K
38
$499,990

396 N Sydney Ct

Plymouth, MI 48170

3 bd4 ba1,860 sqft$269/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 41525 Breck St Plymouth 48170 - $525,000
New Build
23
$525,000

41525 Breck St

Plymouth, MI 48170

3 bd3 ba1,969 sqft$267/ft²
Townhouse
View photos & details
3 bedroom condo for sale at 45325 Stonehedge Dr Plymouth 48170 - $528,900
New Listing
67
$528,900

45325 Stonehedge Dr

Plymouth, MI 48170

3 bd3 ba2,027 sqft$261/ft²
Condo

KW Professionals

View photos & details
3 bedroom townhouse for sale at 309 N Sydney Ct Plymouth 48170 - $539,990
New BuildPrice Drop −$13K
40
$539,990

309 N Sydney Ct

Plymouth, MI 48170

3 bd4 ba2,264 sqft$239/ft²
Townhouse
View photos & details
3 bedroom condo for sale at 45317 Stonehedge Dr Plymouth 48170 - $554,900
New Listing
29
$554,900

45317 Stonehedge Dr

Plymouth, MI 48170

3 bd2 ba2,044 sqft$271/ft²
Condo

Pro Realty

View photos & details
4 bedroom house for sale at 662 Adams St Plymouth 48170 - $1,099,000
New Listing
58
$1,099,000

662 Adams St

Plymouth, MI 48170

4 bd2 ba2,688 sqft$409/ft²
House6,534 sqft lot

National Realty Centers, Inc

View photos & details

Looking to buy in Plymouth?

Get connected with a local real estate expert — free, no obligation.

Active listings

30

Homes on market

Median list price

$400K

Avg. days on market

10

Days until sale

New this week

21

Newly listed

Price drops:36.7%of listings
Sale-to-list:104.4%

How much do homes cost in Plymouth by property type?

How the Plymouth, MI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Plymouth, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$625,000$344/sq ft810 days
Condo / co-op$412,500$250/sq ft120 days

Who lives in Plymouth?

American Community Survey estimates for Plymouth. U.S. Census ACS, 2023

Population

9,234

Households

4,116

Median income

$111,742/yr

Median age

44.1 years

Owner-occupied

70.3%

Median home value

$418,200

Median gross rent

$1,118/mo

Mean commute

26 min

70.3% of occupied homes in Plymouth are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $418,200 against Zillow's $481,893 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,118/mo, below Zillow's $1,587/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Plymouth?

12 schools tracked · 5,521 students

The largest public schools serving Plymouth, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Plymouth Scholars Charter Academy

Grades K-8 · 804 students

Charter

Pioneer Middle School

Grades 6-8 · 778 students

Public

West Middle School

Grades 6-8 · 689 students

Public

East Middle School

Grades 6-8 · 678 students

Public

Ivywood Classical Academy

Grades K-9 · 657 students

Charter

Bird Elementary School

Grades K-5 · 458 students

Public

Isbister Elementary School

Grades K-5 · 417 students

Public

Farrand Elementary School

Grades K-5 · 387 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Plymouth, MI?

Ordered by distance from Plymouth, not by size. Compare Plymouth side by side with any of them.

Which ZIP codes are in Plymouth?

These are the ZIP codes we see on active Plymouth listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Plymouth housing market FAQ

Is Plymouth a buyer's or seller's market?

Plymouth, MI is currently a strong seller's market. That read comes from 3.0 months of supply, homes going under contract in about 10 days, and sellers getting 104.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Plymouth?

The typical home in Plymouth, MI is worth $481,893 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $610,000, about $316 per square foot.

Is Plymouth cheaper than the rest of Michigan?

Plymouth's median sale price of $610,000 is 105% higher than the Michigan statewide median of $297,900, and 49% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Plymouth?

Homes in Plymouth, MI spent a median of 10 days on market before going under contract, versus 24 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Plymouth?

At the current 30-year fixed rate of 7.03%, 20% down on a $481,893 home is about $2,573 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $110,255 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $111,742.

Are home prices rising in Plymouth?

The typical home value in Plymouth, MI rose 2.7% over the last 12 months, from $469,275 to $481,893 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Plymouth?

Plymouth ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Plymouth?

That depends on your timeline, not on a headline. What the data says today: Plymouth, MI is a strong seller's market with 3.0 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 25.3x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.