Market Overview
Home Prices in Dundee, MI
The median home value in Dundee, MI is $300,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dundee are priced27% below average. Dundee is part of the Monroe, MI metro area.
Over the past five years, Dundee home values have risen by approximately22.4%, reflecting strong long-term appreciation in this market.
Price History
Dundee Home Price Trend
City Comparison
Dundee vs. National Median
At $300,033, homes in Dundee cost 27% below the national median of $410,000. This makes Dundee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dundee?
20% Down Payment
$60,007
on $300,033
Monthly P&I
$1,565/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,988/mo
incl. taxes & insurance
Income Needed
$79,520
gross annual (30% rule)
10% Down Option
$30,003
+ PMI applies
Loan Amount (20% dn)
$240,026
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dundee, MI?
The median home value in Dundee is $300,033 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Dundee?
Over the past year, home values in Dundee have increased by 4.4%. Over five years, prices have risen approximately 22.4%.
How much do I need to earn to buy a home in Dundee?
To comfortably afford the median home price of $300,033 with a 20% down payment ($60,007) at today's rates (6.8%), you'd need a gross annual income of approximately $79,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Dundee compare to the national average home price?
The national median home value is approximately $410,000. At $300,033, homes in Dundee are 27% below the national average.
What metro area is Dundee part of?
Dundee is part of the Monroe, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.