Plymouth Real Estate
8 neighborhoods and communities
Active listings 96
Sold (past 12mo) 548
HFG +7.3%ⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Plymouth Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Plymouth and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
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Frequently Asked Questions about Plymouth
How many homes are for sale in Plymouth?
Plymouth currently has 96 homes listed for sale. The median asking price is $482,000.
What are home prices like in Plymouth?
Homes in Plymouth sell for a median of $482,000, drawn from 548 transactions over the past year.
What is the average days on market in Plymouth?
The average days on market in Plymouth is 58, based on 548 recent transactions.
What are the best neighborhoods in Plymouth?
There are 8 neighborhoods and condo communities in Plymouth. Popular areas include Hamilton Garden Lofts. Of these, 7 are condo communities.
Which school districts cover Plymouth?
Plymouth is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Plymouth may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Plymouth real estate market?
With 2.1 months of inventory, Plymouth is currently a seller's market. This is based on 96 active listings and 548 sales in the past 12 months.
How are property taxes calculated in Plymouth?
Michigan property taxes in Plymouth are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Plymouth?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Plymouth is +7.3%. Shrinking household sizes (from 2.21 to 2.19 persons per household) have increased the number of households needing housing by 286 since 2009 — independent of the 6.3% population growth. This is a secondary demographic indicator, not a primary market measure.
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