Fraser, Michigan.
Typical home $235,579 (+2.5% in a year), asking rent $1,450 . Detroit-Warren-Dearborn, MI metro.
to buy the typical home at today's mortgage rate — +$662 (+115%) since Jan 2020.
- 1 year
- Up $5,667 +2%
- $229,912$235,579 since Sep 2025
- 5 years
- Up $45,268 +24%
- $190,311$235,579 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.
- Fraser$1,236
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Fraser, MI rose 2.5% over the past year — faster than the nation's +1.2%.
Living in Fraser, Macomb County, Michigan
Fraser is a city of 14,726 people in Macomb County. Half its households earn more than $64,354 a year and half less, against $77,837 across Macomb County; 10% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Macomb County was 5.7% in August 2026, and the county had 1.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
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 It can be wrong or out of date.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. Fraser is a city in Macomb County, Michigan, with a population that skews a little older than much of the country. Most homes are lived in by their owners, and household incomes run below the county's. Winters are cold and snowy, with January the coldest month, while summers are warm, with July the warmest.
Work. Residents work mostly in schools, hospitals and social care, in manufacturing, in shops, and in restaurants, hotels and entertainment. Among the largest workplaces in Fraser are Fraser Public Schools, Healthmark Industries Co and Meijer. Fewer adults hold a four-year degree than in many places, and the typical commute is a moderate one.
Things to do. For a day out, Lake Saint Clair is the best known nearby draw, a lake a longer drive away. Also a longer drive away are the Detroit Institute of Arts, a museum, and the Detroit Zoo. Sports fans can head to Ford Field or Comerica Park, both stadiums a longer drive away.
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- 6,592households
- 23%of adults have a degree
- 10%below the poverty line
- 24 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Macomb County had 331,515 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 18°; warmest in July, with highs near 82° and lows near 62°. About 32 inches of snow and 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mount Clemens Ang Base weather station, 8 miles away (NOAA).
Largest workplaces in Fraser
- Fraser Public SchoolsSchool district595FTE
- Healthmark Industries CoAppliances, surgical, merchant wholesalers322
- MeijerRetail258
- Sanctuary at Fraser Villa-THSCSkilled nursing facilities187
- Carmela Foods DistributingSpecialty foods177
- BMT Aerospace USAAircraft engine and engine parts manufacturing152
- HHI FormTech LLC (American Axle & Manufacturing)Steel forgings made from purchased steel, unfinished119
- PCS CompanyMolds for forming materials manufacturing110
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 24 workplaces with 20 or more staff, 2,023 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
- TornadoesRelatively high
- Cold wavesRelatively high
- Ice stormsRelatively moderate
- Strong windRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fraser’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 Macomb County and the Detroit-Warren-Dearborn, MI metro.
Fraser home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fraser$235,579
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 3 Fraser listings — the market is cooling.
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.
- Fraser36.94%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fraser43
New listings per month
Sellers arriving at the market.
- Fraser15
Median sale price
What buyers actually paid — closed sales, not asking prices.
Not enough data to draw this yet.
Zip codes with a Fraser address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fraser — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.