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Temperance, MI

Full City Profile · Michigan · Lucas County County

3.4 /5.0
B Good
8,495 Population 1,843/sq mi density
$76,069 Median Income $40,866 per capita
$230,200 Home Value $285,938 Zillow
$1,270 Median Rent 31.0% income on rent
49°F Avg Temperature 275 sunny days/yr
287 Violent Crime/100K 1,865 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,069 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$230,200 home value, $1,270/mo rent
F
Safety
1.0 / 5.0
287 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Housing Overview

Median Home Value
$230,200
18% below
US avg: $281,900
Median Rent
$1,270/mo
9% above
US avg: $1,163/mo
Homeownership Rate
74.3%
14% above US avg (65.4%)
Total Housing Units
3,895
Median year built: 1976

Home Value by Source

Census Median
$230,200
Zillow (ZHVI)
$285,938
Median Sale Price
$337,500
Median List Price
$269,499
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.3%
Owner-Occupied
25.7%
Renter-Occupied
74%
26%
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: $1,270/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
74.3%

Complete Housing Data

Home Values

Census Median Value$230,200
Zillow Home Value (ZHVI)$285,938
Median Sale Price$337,500
Median List Price$269,499
Price Per Sq Ft$154

Rent

Census Median Rent$1,270
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 Market60
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold4
Active Inventory13
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied74.3%
Renter-Occupied25.7%
Homeownership Rate74.3%
Total Housing Units3,895
Median Year Built1976
Rent Burden31.0%