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Fraser, MI

Full City Profile · Michigan · Macomb County County

3.1 /5.0
B Good
14,604 Population 3,528/sq mi density
$61,118 Median Income $38,670 per capita
$193,600 Home Value $231,578 Zillow
$827 Median Rent 28.6% income on rent
49°F Avg Temperature 260 sunny days/yr
226 Violent Crime/100K 1,509 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$61,118 median income, 3.4% unemployment
A+
Affordability
4.9 / 5.0
$193,600 home value, $827/mo rent
F
Safety
1.0 / 5.0
226 violent crimes/100K
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher

Housing Overview

Median Home Value
$193,600
31% below
US avg: $281,900
Median Rent
$827/mo
29% below
US avg: $1,163/mo
Homeownership Rate
72.7%
11% above US avg (65.4%)
Total Housing Units
6,912
Median year built: 1971

Home Value by Source

Census Median
$193,600
Zillow (ZHVI)
$231,578
Median Sale Price
$252,000
Median List Price
$249,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.7%
Owner-Occupied
27.3%
Renter-Occupied
73%
27%
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: $827/mo

Market Indicators (Redfin)

Median Days on Market
11 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$144
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
72.7%

Complete Housing Data

Home Values

Census Median Value$193,600
Zillow Home Value (ZHVI)$231,578
Median Sale Price$252,000
Median List Price$249,950
Price Per Sq Ft$144

Rent

Census Median Rent$827
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 Market11
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold7
Active Inventory18
Price Per Sq Ft$144

Ownership & Stock

Owner-Occupied72.7%
Renter-Occupied27.3%
Homeownership Rate72.7%
Total Housing Units6,912
Median Year Built1971
Rent Burden28.6%