Home Insurance in Dexter, Michigan
The median home value in Dexter is $421,000, 13% higher than the Washtenaw County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Dexter was built around 1997. About 29% of homes were built before 1960, about 4 points above Washtenaw County's 25%.
In Dexter, the housing stock is 74% single-family homes and 13% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 69% of owner-occupied homes in Dexter have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 1%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Dexter are owner-occupied.
Most homes in Dexter - 87% - are primarily heated with natural gas.
What's the biggest home insurance risk near Dexter? FEMA's National Risk Index points to strong wind (Relatively High) in Washtenaw County and Washtenaw County had 611 active NFIP flood policies as of September 2026. See the full Washtenaw County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Michigan carries a statewide average premium of $1,110 per year.
Key figures
| Median home value | $421,000 |
|---|---|
| Median year built | 1997 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Washtenaw County | 611 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)