Dundee Real Estate
0 neighborhoods and communities
Active listings 18
Sold (past 12mo) 77
HFG +50.2%ⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Market Dashboard
Frequently Asked Questions about Dundee
What is the current real estate inventory in Dundee?
There are currently 18 active listings in Dundee. The median asking price is $327,000.
What is the median home price in Dundee?
Homes in Dundee sell for a median of $327,000, drawn from 77 transactions over the past year.
How fast do homes sell in Dundee?
The average days on market in Dundee is 69, based on 77 recent transactions.
What school districts serve Dundee?
Multiple school districts may serve Dundee. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Dundee a buyer's or seller's market?
Dundee is currently a seller's market, with 2.8 months of supply. That ratio comes from 18 active listings relative to 77 sales per year.
How much are property taxes in Dundee?
Property taxes in Dundee are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Dundee?
Per U.S. Census ACS data, Dundee has a +50.2% Household Formation Gap over the past 15 years. Average household size decreased from 2.36 to 2.1, creating demand for approximately 888 additional housing units even as population grew 33.6%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.
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