Michigan county guide
Mortgage Broker in Monroe County, Michigan
Home prices across Monroe County run from about $158,000 in Luna Pier to $336,000 in Dundee. Samantha shops your loan across multiple wholesale lenders and plans your budget from the buyer's tax number, not the seller's bill.
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- Licensed loan originator, NMLS 1647301
Dundee guideCarleton guidePetersburg guideBedford Township guideFrenchtown Township guideLuna Pier guide
Align Lending works with buyers and homeowners in 12 Monroe County communities. We are a Michigan mortgage broker, and our office in Waterford sits about an hour north of the county.
Monroe County is not one housing market. A typical home in Dundee, near $336,000, costs about 2 times as much as one in Luna Pier, near $158,000. Even Dundee stays under the 2026 conforming limit of $832,750, so the numbers that decide a Monroe County purchase are the down payment, the tax step after a sale and the cash to close, not the loan size.
Buying a home in Monroe County
Monroe County sits between Detroit and Toledo along Lake Erie, and it draws buyers from both. Monroe is the commercial centre, the lakefront communities carry their own premium and their own insurance questions, and the western townships are farmland.
Monroe County home values by community
Every Monroe County community with a city guide, 10 in all, by typical home value: Dundee leads near $336,000 and Luna Pier closes the list near $158,000. Bedford Township, near $253,000, marks the middle.
| Community | Typical home value, per its city guide | Typical housing |
|---|---|---|
| Dundee | $336,000 | historic homes, colonials and subdivisions |
| Estral Beach | $317,000 | lakefront/waterfront homes, newer construction |
| Carleton | $285,000 | acreage and rural parcels, mid-century ranches |
| Maybee | $272,000 | acreage and rural parcels |
| Petersburg | $270,000 | acreage and rural parcels, mid-century ranches |
| Bedford Township | $253,000 | mixed housing stock |
| South Rockwood | $233,000 | colonials and subdivisions, historic homes |
| Frenchtown Township | $208,000 | mixed housing stock |
| Monroe | $203,000 | historic homes, mid-century ranches |
| Luna Pier | $158,000 | mid-century ranches, lakefront/waterfront homes |
No guide yet for Monroe Township, but we arrange loans there today.
Monroe County property taxes after a sale, community by community
The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill. Across the 19 assessing units in Monroe County, our 2026 Michigan Property Tax Uncapping Study puts the typical rise in taxable value after a sale between about 28% in Whiteford Township and 59% in Exeter Township, against about 37% for the county as a whole. 2 of the 19 sit above the statewide 50.5%.
| Assessing unit | Taxable value rise after a sale | Added first-year tax, $300,000 home | Parcel records |
|---|---|---|---|
| Exeter Township | +59% | about $1,500 | assessing office |
| Milan Township | +54% | about $1,900 | |
| London Township | +49% | about $1,690 | |
| City of Petersburg | +46% | about $1,770 | assessing office |
| Dundee Township | +45% | about $1,360 | assessing office |
| Raisinville Township | +44% | about $1,090 | |
| Berlin Township | +44% | about $1,220 | assessing office |
| Summerfield Township | +43% | about $1,230 | |
| City of Monroe | +43% | about $1,960 | assessing office |
| Erie Township | +41% | about $1,110 | |
| Lasalle Township | +40% | about $1,050 | |
| City of Luna Pier | +40% | about $1,430 | assessing office |
| Ash Township | +40% | about $1,080 | assessing office |
| City of Milan | +39% | about $2,140 | |
| Ida Township | +37% | about $1,030 | |
| Frenchtown Township | +32% | about $1,140 | assessing office |
| Monroe Township | +32% | about $1,050 | |
| Bedford Township | +28% | about $860 | assessing office |
| Whiteford Township | +28% | about $900 |
On a $300,000 home, the first-year tax increase is about $900 in Whiteford Township, where taxable value rises least after a sale, and about $1,500 in Exeter Township, where it rises most. We quote the address, not the county average. Each row comes from State Tax Commission records and that unit's median homestead millage. A village named in a row has its own figure beside its name, at the village's 2025 homestead millage from Michigan Treasury, the rate its city guide uses.
The table uses each unit's median millage. For a specific Monroe County home, our Michigan property tax calculator finds the exact published millage for the address and works out the post-sale tax to plan for.
Finding the right kind of home in Monroe County
Read across our Monroe County city guides, the housing falls into 4 recognizable groups, led by rural acreage and farm country (4 towns).
Rural acreage and farm country
Carleton, Maybee, Petersburg and South Rockwood.
Monroe County communities by likely loan type
Grouped by where typical prices fall against the $832,750 conforming limit for 2026, Monroe County splits 4 ways, and "Conventional and FHA, strong first-time buyer fit" holds 7 of the 10. Your file and the specific property make the final call.
Conventional, including new-build timelines
Estral Beach (typical value near $317,000).
Conventional and FHA, strong first-time buyer fit
Carleton, Maybee, Petersburg, Bedford Township, South Rockwood, Frenchtown Township and Monroe (typical values $203,000 to $285,000).
Covering the cash to close in Monroe County
Typical values between $158,000 and $285,000 in Luna Pier, Monroe, Frenchtown Township, South Rockwood, Bedford Township, Petersburg, Maybee and Carleton put the weight on cash to close: the down payment, closing costs and reserves together.
- Michigan's down payment assistance runs through MSHDA homeownership.
- What gets checked, and in what order: first-time buyers and the budget review.
Look it up yourself in Monroe County
- Monroe County Equalization, where the assessment and taxable value of any address are on record.
- Michigan DIFS, to confirm a lender or loan officer is licensed before you share documents, us included.
Monroe County mortgage FAQs
Can you finance a home anywhere in Monroe County?
We do: all 12 Monroe County communities on this page and the rest of Michigan, whether the house is in Dundee or Luna Pier.
In Monroe County, where does taxable value rise most after a home sells?
In our 2026 Uncapping Study the largest typical rises in taxable value after a sale are in Exeter Township (about 59%), Milan Township (about 54%), London Township (about 49%). The smallest is Whiteford Township, about 28%.
Will I need a jumbo loan in Monroe County?
Rarely. The highest typical value on this page is about $336,000 in Dundee, under the 2026 conforming limit of $832,750.
Where can I buy for less in Monroe County?
Among our city guides, Luna Pier (near $158,000), Monroe (near $203,000) and Frenchtown Township (near $208,000). The gap is wide: Luna Pier runs roughly 47 percent of Dundee.
Talk with a Monroe County mortgage expert
Tell Samantha where in Monroe County you are looking, Dundee or Luna Pier or somewhere between, and she will tell you what actually matters for that purchase, including whether the timing is right.
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Align Lending LLC · NMLS #2041154 · Equal Housing Opportunity · 2625 Pontiac Lake Road, Waterford, MI 48328 · 248-506-5727
