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Featured local agent — Dexter, MI
Sarah Mitchell
Compass Real Estate · Dexter, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dexter, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$475,000median sale price
How is the Dexter, MI housing market right now?
The median home sale price in Dexter, MI is $475,000, down 4.0% year-over-year. Homes sell in an average of 35 days with 16 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dexter a buyer's or seller's market?
Dexter, MI is currently a seller's market, based on 2.7 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
35
Average pace
Active listings
16
2.7 months supply
Sale-to-list
101.3%
Above asking
What does the Dexter housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $500,000 |
| Year-over-year price change | -4.0% |
| Average days on market | 35 days |
| Active inventory | 16 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $278/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 7 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Dexter by property type?
How the Dexter, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $475,000 | $272/sq ft | 5 | 40 days |
| Condo / Co-op | $475,000 | $400/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Dexter housing market is currently classified as a seller's market with a median sale price of $475,000. Prices have fallen 4.0% compared to last year, with homes spending an average of 35 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Dexter
There are currently 16 homes listed for sale in Dexter, Michigan. The median listing price is $500K.
Active listings
16
Homes on market
Median list price
$500K
Avg. days on market
35
Days until sale
New this week
7
Newly listed
Who lives in Dexter?
Population
4,495
Median income
$103,182/yr
Median age
42.3 years
Owner-occupied
75.5%
College grads
70.3%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Dexter?
Zillow home value
$518,220
Zillow rent index
$2,300/mo
Price-to-rent ratio
18.8x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Dexter?
Dexter is a community of approximately 4K residents with a median age of 42.3 years.The median household income is $103,182, which reflects a relatively affluent area with strong earning potential. 70.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dexter offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dexter?
7 schools tracked · 3,345 students
The largest public schools serving Dexter, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Dexter High School
Grades 9-12 · 1,091 students
Dexter Early Elementary Complex
Grades PK-2 · 767 students
Creekside Intermediate School
Grades 5-6 · 522 students
Mill Creek Middle School
Grades 7-8 · 498 students
Wylie Elementary School
Grades 3-4 · 449 students
Dexter Alternative School
Grades PK-12 · 18 students
Bates
Grades PK-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dexter, MI?
Want a head-to-head view? Compare Dexter side-by-side with any other U.S. city using our market-comparison tool.
Is Dexter a good real estate investment market?
For investors evaluating Dexter, the price-to-rent ratio of 18.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Dexter's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Dexter's median home price.
Frequently asked questions
What is the average home price in Dexter?
The median home sale price in Dexter is $475,000, down 4.0% from last year.
How long do homes stay on market in Dexter?
Homes typically spend 35 days on market before going under contract.
What is the median income in Dexter?
The median household income is $103,182 per year.
Is Dexter a buyer's or seller's market?
With 2.7 months of supply, Dexter is currently a seller's market.
What is the Zillow home value estimate for Dexter?
The Zillow Home Value Index (ZHVI) for Dexter is $518,220, representing the typical home value in the area.
What is the median condo price in Dexter?
The median condo/co-op sale price in Dexter, MI is $475,000, compared to $475,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Dexter?
The median single-family home price in Dexter, MI is $475,000 (about $272 per square foot).
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