Dexter, Michigan.
Typical home $509,182 (+3.6% in a year), asking rent $2,467 . Ann Arbor, MI metro.
to buy the typical home at today's mortgage rate — +$1,015 (+61%) since Jan 2020.
- 1 year
- Up $17,682 +4%
- $491,500$509,182 since Sep 2025
- 5 years
- Up $20,410 +4%
- $488,772$509,182 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Dexter$2,673
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 85 years.
Typical home values in Dexter, MI rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Dexter, Washtenaw County, Michigan
Dexter is a city of 4,500 people in Washtenaw County. Half its households earn more than $106,637 a year and half less, against $89,180 across Washtenaw County; 1% of its people live below the poverty line. 77% of its homes are lived in by their owners and 23% are rented. Unemployment in Washtenaw County was 4.2% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Dexter is a small city in Washtenaw County where most homes are lived in by their owners, and where very few residents live below the poverty line. Household incomes run higher than across the county, and so do home values and rents. Residents tend to be older than in many towns, and a large majority of adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, while July is warm and the year brings a fair amount of rain and melted snow.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, restaurants and hotels, and manufacturing. The largest workplaces in Dexter include the Dexter Community School District, Medtronic Dexter and Variety Die & Stamping Co. Commutes are of middling length, and a good share of residents work from home. Unemployment across Washtenaw County has eased a little over the past year, and the number of jobs there has edged up.
Things to do. Dexter–Huron Metropark, a park in or beside town, is the closest place to walk or spend time outdoors, and Hudson Mills Metropark is another park a short drive away. For a day out, the University of Michigan Museum of Art is a museum a short drive away, and Michigan Stadium, also a short drive away, is one of the best known stadiums in the country.
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- 1,840households
- 70%of adults have a degree
- 1%below the poverty line
- 24 mintypical commute
- 27%work from home
What residents work in
Employed residents by industry, from the Census survey. Washtenaw County had 219,230 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 16°; warmest in July, with highs near 82° and lows near 61°. About 33 inches of snow and 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chelsea weather station, 7 miles away (NOAA).
Largest workplaces in Dexter
- Dexter Community School DistrictSchool district495FTE
- Medtronic DexterCannulae manufacturing177
- Utilities Instrumentation ServiceElectric contracting108
- Variety Die & Stamping CoJob stampings, automotive, metal, manufacturing99
- GracoManufacture of groundwater remediation and sampling equipment91
- Lafontaine ChevroletNew car dealers86
- SKF GlobalProduction32
- ProtomaticMilling machines, metalworking, manufacturing28
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 683 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively moderate
- Ice stormsRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Dexter’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Washtenaw County and the Ann Arbor, MI metro.
Dexter home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Dexter$509,182
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 3 Dexter listings, and the typical home goes pending in 7 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Dexter29.93%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Dexter7
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Dexter46
New listings per month
Sellers arriving at the market.
- Dexter20
Median sale price
What buyers actually paid — closed sales, not asking prices.
Not enough data to draw this yet.
Zip codes with a Dexter address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Dexter — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.