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Dexter, MI

Full City Profile · Michigan · Washtenaw County County

3.9 /5.0
B+ Good
4,495 Population 2,317/sq mi density
$103,182 Median Income $58,381 per capita
$401,800 Home Value $493,017 Zillow
$1,603 Median Rent 33.8% income on rent
47°F Avg Temperature 260 sunny days/yr
81 Violent Crime/100K 1,490 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,182 median income, 1.7% unemployment
A
Affordability
4.5 / 5.0
$401,800 home value, $1,603/mo rent
F
Safety
1.0 / 5.0
81 violent crimes/100K
A+
Education
5.0 / 5.0
70.3% bachelor's degree or higher

Housing Overview

Median Home Value
$401,800
43% above
US avg: $281,900
Median Rent
$1,603/mo
38% above
US avg: $1,163/mo
Homeownership Rate
75.5%
15% above US avg (65.4%)
Total Housing Units
1,781
Median year built: 1998

Home Value by Source

Census Median
$401,800
Zillow (ZHVI)
$493,017
Median Sale Price
$525,000
Median List Price
$395,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.5%
Owner-Occupied
24.5%
Renter-Occupied
76%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,603/mo

Market Indicators (Redfin)

Median Days on Market
232 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$299
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
33.8%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
75.5%

Complete Housing Data

Home Values

Census Median Value$401,800
Zillow Home Value (ZHVI)$493,017
Median Sale Price$525,000
Median List Price$395,000
Price Per Sq Ft$299

Rent

Census Median Rent$1,603
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market232
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold2
Active Inventory9
Price Per Sq Ft$299

Ownership & Stock

Owner-Occupied75.5%
Renter-Occupied24.5%
Homeownership Rate75.5%
Total Housing Units1,781
Median Year Built1998
Rent Burden33.8%