Dorr, MI49323

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$365,000
5.5% YoY Growth
Median Household Income
$97,200
32.5% 5-Year Growth
Days on Market
33
3.0% Longer than last year
Home Price Forecast
2.5%
Median Rent
$1,300
27.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
N/A
3-Bed Rent
N/A
N/A

Property Listings — Dorr, MI

As of Oct '25, Realtor.com reports that the median days on market for a home in Dorr, MI is 33. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$527,00023.0%
Listing Count
176.0%
Listings as % of Homes0.2%6.0%
Days on Market
333.0%
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Demographics — Dorr, MI

As of the latest ACS Survey released in 2023, Dorr, MI has a population of 10,600, which has increased by 1.8% over the past 5 years. Dorr, MI is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,6001.8%
% Under 18
27.8%3.7%
% Seniors
9.8%7.7%
% WFH
13.5%382.1%
% w/ College Degree
24.3%49.1%
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As of the latest ACS Survey released in 2023, Dorr, MI is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Dorr, MI is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.3% of the population in Dorr, MI, and this percentage has increased by 18.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.2%-1.7%
% Black
0.5%150.0%
% Hispanic
2.5%-26.5%
% Asian
1.4%600.0%
% Foreign Born
1.3%18.2%
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Mortgage and Risk — Dorr, MI

According to HUD data as of 2023, there were 270 mortgage originations in Dorr, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Dorr, MI. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
270
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Dorr, MI

Dorr, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
4.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,030
2 Bedroom-$60$1,300$1,240
3 BedroomN/AN/A$1,610
4 BedroomN/AN/A$1,770

Affordability — Dorr, MI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$365,000
Median Household Income$97,200

Dorr, MI — ZIP Code Boundary Map

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Frequently Asked Questions