Wixom, MI

Real estate in Wixom, Michigan is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. According to Zillow, the median home value in Wixom is $269,000 and the median rent price is $1,100.

The city's population has grown by nearly 10% since 2010, making it one of the fastest-growing cities in Oakland County. This growth has led to increased demand for housing and commercial space, which has driven up prices across the board. In addition to residential properties, Wixom is also seeing a surge in demand for office space. According to CBRE Research Inc., the vacancy rate for office space in Wixom was just 2% as of September 2017 – a stark contrast from the nearly 20% vacancy rate that was reported just five years earlier.

Despite these high demand levels, there are still plenty of opportunities available for buyers and renters alike. The city's population is spread out relatively evenly throughout its neighborhoods – making it easy for people of all ages and incomes to find a place to call home or work. And with so many new businesses moving into town over the past few years, there's always something new happening on the commercial front too!