Dearborn, MI 48124 Real Estate & Property Data

Dearborn, MI 48124 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 671 residential properties have been sold over the past 12 months in 48124. With a median sales price of $278,000 in 48124 and a total of 4 foreclosures in Dearborn, MI 48124. Discover market trends and get the granular level real estate data for Dearborn, MI 48124 to keep your pulse on the housing market. Curate compelling home reports for Dearborn, MI 48124 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Dearborn, MI 48124 Real Estate Market Trends
Total Residential Properties 13,488
Total Commercial Properties 718
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,413
Total 2025 Residential Sales (year-to-date) 346
% of Homes Seriously Underwater (Q3 2025) 0.41%
Total 2024 Residential Sales 589
% of Equity Rich Homes (Q3 2025) 39.68%
Effective 2024 Property Tax 1.18%
Total Foreclosure Filings (year-to-date) 13
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Dearborn, MI 48124 Real Estate Overview

There were 671 residential properties sold in the past year in Dearborn, MI 48124. The median home value in Dearborn, MI 48124 is $280,125. There are a total of 13,488 residential properties in the 48124.

Median Sales Price i
$278,000
(Jul 2025)
+3%
year-over-year
y-o-y
  • July '25 Jul '25 $278,000
  • June '25 Jun '25 $247,000
  • May '25 May '25 $243,500
  • April '25 Apr '25 $265,000
  • March '25 Mar '25 $255,000
  • February '25 Feb '25 $278,750
  • January '25 Jan '25 $252,500
  • December '24 Dec '24 $234,500
  • November '24 Nov '24 $239,165
  • October '24 Oct '24 $257,500
  • September '24 Sep '24 $233,000
  • August '24 Aug '24 $245,000
Median Down Payment i
$13,500
(Jul 2025)
-59.7%
year-over-year
y-o-y
  • July '25 Jul '25 $13,500
  • June '25 Jun '25 $15,600
  • May '25 May '25 $38,625
  • April '25 Apr '25 $27,000
  • March '25 Mar '25 $39,500
  • February '25 Feb '25 $20,000
  • January '25 Jan '25 $26,000
  • December '24 Dec '24 $36,375
  • November '24 Nov '24 $21,250
  • October '24 Oct '24 $23,079
  • September '24 Sep '24 $28,750
  • August '24 Aug '24 $15,000
Number of Homes Sold i
63
(Jul 2025)
+3.3%
year-over-year
y-o-y
  • July '25 Jul '25 63
  • June '25 Jun '25 65
  • May '25 May '25 64
  • April '25 Apr '25 47
  • March '25 Mar '25 24
  • February '25 Feb '25 38
  • January '25 Jan '25 45
  • December '24 Dec '24 37
  • November '24 Nov '24 52
  • October '24 Oct '24 62
  • September '24 Sep '24 55
  • August '24 Aug '24 58
Number of Purchase Loans i
39
(Jul 2025)
-7.1%
year-over-year
y-o-y
  • July '25 Jul '25 39
  • June '25 Jun '25 47
  • May '25 May '25 46
  • April '25 Apr '25 40
  • March '25 Mar '25 18
  • February '25 Feb '25 23
  • January '25 Jan '25 34
  • December '24 Dec '24 28
  • November '24 Nov '24 39
  • October '24 Oct '24 47
  • September '24 Sep '24 43
  • August '24 Aug '24 45
Number of REFI Loans i
38
(Jul 2025)
+26.7%
year-over-year
y-o-y
  • July '25 Jul '25 38
  • June '25 Jun '25 32
  • May '25 May '25 31
  • April '25 Apr '25 35
  • March '25 Mar '25 30
  • February '25 Feb '25 26
  • January '25 Jan '25 20
  • December '24 Dec '24 30
  • November '24 Nov '24 30
  • October '24 Oct '24 47
  • September '24 Sep '24 30
  • August '24 Aug '24 35
Number of HELOC Loans i
24
(Jul 2025)
+9.1%
year-over-year
y-o-y
  • July '25 Jul '25 24
  • June '25 Jun '25 14
  • May '25 May '25 18
  • April '25 Apr '25 13
  • March '25 Mar '25 10
  • February '25 Feb '25 13
  • January '25 Jan '25 15
  • December '24 Dec '24 9
  • November '24 Nov '24 24
  • October '24 Oct '24 19
  • September '24 Sep '24 24
  • August '24 Aug '24 21

Dearborn, MI 48124 Foreclosure Activity

There were a total of 4 Dearborn, MI 48124 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
4
(Jul 2025)
-33.3%
year-over-year
y-o-y
  • July '25 Jul '25 4
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Foreclosure Starts i
4
(Jul 2025)
-33.3%
year-over-year
y-o-y
  • July '25 Jul '25 4
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Completed Foreclosures (REOs) i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
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