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Buying a home in De Tour Village, Michigan

The typical owner-occupied home in De Tour Village is worth about $237,500, 3% above the Michigan median of $231,600 and 29% below the national median of $332,700. Owners pay a median $2,278 a year in property taxes, about 0.96% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $48,750 a year, so the median home costs 4.9 times the median income (3.2 times for Michigan). 92% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.

De Tour Village at a glance

De Tour Village Michigan U.S.
Median home value $237,500 $231,600 $332,700
Median property tax paid per year $2,278 $2,904 $3,119
Property tax as a share of value 0.96% 1.25% 0.94%
Median household income $48,750 $72,875 $80,734
Homes lived in by their owners 92% 73% 65%
Owner homes with a mortgage 28% 58% 61%
Median monthly costs, owners with a mortgage $1,850 $1,569 $1,963
Those costs as a share of the owners' income 25.0% 19.3% 21.0%
Median rent – $1,129 $1,413
Median year homes were built 1976 1972 1980
Vacant homes 41.7% 11.8% 10.1%
Population 212 10,077,761 334,922,499

What a typical home costs per month in De Tour Village

At this week's average 30-year rate of 7.11%, buying the median De Tour Village home of $237,500 with 20% down costs about $1,567 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,963, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $67,161 for the 20%-down payment. That payment is 39% of the median De Tour Village household income of $48,750; at that income and 20% down, the 28% guideline points to a home of about $172,000.

20% down, 30-year conventional loan
Down payment$47,500
Loan amount$190,000
Principal and interest$1,278
Property taxes (0.96% a year)$190
Homeowners insurance (our estimate, 0.5% a year)$99
PMI$0
Total per month$1,567

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3.5% down, 30-year FHA loan
Down payment$8,312
Loan amount$233,198
Principal and interest$1,569
Property taxes (0.96% a year)$190
Homeowners insurance (our estimate, 0.5% a year)$99
FHA mortgage insurance$105
Total per month$1,963

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Questions about home buying in De Tour Village

What is the median home value in De Tour Village?

About $237,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in De Tour Village?

Homeowners pay a median $2,278 a year, which is about 0.96% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in De Tour Village?

For the median home with 20% down at 7.11%, the payment is about $1,567 a month. Keeping that under 28% of gross income takes about $67,161 a year.

More about De Tour Village

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data