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Dearborn, MI Real Estate & Property Data

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Dearborn, MI. ATTOM’s Dearborn real estate data is updated daily, and current market trends show that in Dearborn, MI a total of 1,262 residential properties have sold over the past year. With a median home price of $278,750 in Dearborn and a total of 4 foreclosures. Get detailed property data for Dearborn, MI instantly. ATTOM is your one-stop-shop for the Dearborn property reports and real estate data you need in Dearborn, MI.

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Total Residential Properties 30,744

Total Commercial Properties 2,318

Avg. Home Age (Single Family Home) 79 Years

Avg. Square Feet (Single Family Home) 1,450

Total 2025 Residential Sales (year-to-date) 175

% of Homes Seriously Underwater (Q2 2025) 0.73%

Total 2024 Residential Sales 1,185

% of Equity Rich Homes (Q2 2025) 29.59%

Effective 2024 Property Tax 1.48%

Total Foreclosure Filings (year-to-date) 8

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Dearborn, MI Real Estate Overview

There were 1,262 residential properties sold in the past year in Dearborn, MI. The median home value in Dearborn, MI is $232,644. There are a total of 30,744 residential properties in the Dearborn.

Median Sales Price i

$278,750

(Feb 2025)

+7.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $278,750
January '25 Jan '25 $275,000
December '24 Dec '24 $242,500
November '24 Nov '24 $255,000
October '24 Oct '24 $265,000
September '24 Sep '24 $259,900
August '24 Aug '24 $250,000
July '24 Jul '24 $270,000
June '24 Jun '24 $268,000
May '24 May '24 $273,000
April '24 Apr '24 $265,000
March '24 Mar '24 $262,500

Median Down Payment i

$20,320

(Feb 2025)

+14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $20,320
January '25 Jan '25 $36,450
December '24 Dec '24 $36,375
November '24 Nov '24 $22,250
October '24 Oct '24 $21,159
September '24 Sep '24 $28,000
August '24 Aug '24 $18,750
July '24 Jul '24 $30,000
June '24 Jun '24 $19,712
May '24 May '24 $21,875
April '24 Apr '24 $24,250
March '24 Mar '24 $29,750

Number of Homes Sold i

(Feb 2025)

+4.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 77
January '25 Jan '25 98
December '24 Dec '24 77
November '24 Nov '24 92
October '24 Oct '24 115
September '24 Sep '24 108
August '24 Aug '24 115
July '24 Jul '24 122
June '24 Jun '24 109
May '24 May '24 91
April '24 Apr '24 110
March '24 Mar '24 74

Number of Purchase Loans i

(Feb 2025)

+12.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 53
January '25 Jan '25 75
December '24 Dec '24 65
November '24 Nov '24 70
October '24 Oct '24 87
September '24 Sep '24 82
August '24 Aug '24 80
July '24 Jul '24 88
June '24 Jun '24 77
May '24 May '24 62
April '24 Apr '24 93
March '24 Mar '24 55

Number of REFI Loans i

(Feb 2025)

+37.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 51
January '25 Jan '25 50
December '24 Dec '24 55
November '24 Nov '24 57
October '24 Oct '24 89
September '24 Sep '24 54
August '24 Aug '24 57
July '24 Jul '24 61
June '24 Jun '24 70
May '24 May '24 53
April '24 Apr '24 39
March '24 Mar '24 33

Number of HELOC Loans i

(Feb 2025)

+56.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 25
January '25 Jan '25 33
December '24 Dec '24 21
November '24 Nov '24 49
October '24 Oct '24 31
September '24 Sep '24 45
August '24 Aug '24 37
July '24 Jul '24 39
June '24 Jun '24 27
May '24 May '24 42
April '24 Apr '24 21
March '24 Mar '24 22

Dearborn, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48120

$232,644 $160.41/sqft
48124

$220,374 $157.26/sqft
48126

$223,333 $150.74/sqft
48128

$280,326 $189.65/sqft

Dearborn, MI Foreclosure Activity

There were a total of 4 Dearborn, MI properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 4 Dearborn, MI properties and repossessed 1 Dearborn, MI properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years