
21800 Morley Ave Apt 618
Dearborn, MI 48124
Century 21 Curran & Oberski
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Compass Real Estate · Dearborn, MI
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Housing market overview · Updated monthly ·
$295,000median sale price
The median home sale price in Dearborn, MI is $295,000, up 9.3% year-over-year. Homes sell in an average of 14 days with 120 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Dearborn, MI is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
86
Last 12 weeks
Days on market
14
Fast-moving
Active listings
120
1.4 months supply
Sale-to-list
100.6%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median list price | $295,000 |
| Year-over-year price change | +9.3% |
| Average days on market | 14 days |
| Active inventory | 120 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $196/sq ft |
| Homes sold (latest month) | 86 |
| New listings (latest month) | 89 |
| Listings with a price cut | 23.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Dearborn, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $314,400 | $202/sq ft | 74 | 10 days |
| Condo / Co-op | $215,000 | $154/sq ft | 11 | 84 days |
Source: Redfin · Updated monthly
The Dearborn housing market is currently classified as a strong seller's market with a median sale price of $295,000. Prices have risen 9.3% compared to last year, with homes spending an average of 14 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
There are currently 120 homes listed for sale in Dearborn, Michigan. The median listing price is $295K. Featured listings range from $125,000 to $1,875,000.

Dearborn, MI 48124
Century 21 Curran & Oberski

Dearborn, MI 48124
Century 21 Curran & Oberski

Dearborn, MI 48120
KW Professionals

Dearborn, MI 48126
RE/MAX Team 2000

Dearborn, MI 48126
Ali Shebley · REIMC

Dearborn, MI 48124
Preferred, Realtors(R) Ltd

Dearborn, MI 48126
Century 21 Curran & Oberski

Dearborn, MI 48126
Keller Williams Legacy

Dearborn, MI 48124
Got Key'D Realty

Dearborn, MI 48128
Century 21 Curran & Oberski

Dearborn, MI 48120
Century 21 Curran & Oberski

Dearborn, MI 48128
Century 21 Curran & Oberski
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Active listings
120
Homes on market
Median list price
$295K
Avg. days on market
14
Days until sale
New this week
89
Newly listed
Population
107,846
Median income
$65,192/yr
Median age
32.6 years
Owner-occupied
68.2%
College grads
34.3%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
Zillow home value
$255,121
Zillow rent index
$1,705/mo
Price-to-rent ratio
12.5x
Price-to-income
3.9x
Source: Zillow Research
Dearborn is a community of approximately 108K residents with a median age of 32.6 years.The median household income is $65,192, which represents a working-class community with solid middle-income opportunities. 34.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dearborn offers a balanced lifestyle with accessible home values relative to local income levels.
42 schools tracked · 22,348 students
The largest public schools serving Dearborn, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fordson High School
Grades 9-12 · 2,092 students
Dearborn High School
Grades 9-12 · 1,882 students
Edsel Ford High School
Grades 9-12 · 1,571 students
Advanced Technology Academy
Grades PK-12 · 1,217 students
Bryant Middle School
Grades 6-8 · 774 students
Woodworth Middle School
Grades 6-8 · 730 students
Henry Ford Elementary School
Grades PK-5 · 721 students
Stout Middle School
Grades 6-8 · 712 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Dearborn side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Dearborn, the price-to-rent ratio of 12.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 9.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Dearborn's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Dearborn's median home price.
The median home sale price in Dearborn is $295,000, up 9.3% from last year.
Homes typically spend 14 days on market before going under contract.
The median household income is $65,192 per year.
With 1.4 months of supply, Dearborn is currently a strong seller's market.
There are currently 120 homes listed for sale in Dearborn, MI.
The Zillow Home Value Index (ZHVI) for Dearborn is $255,121, representing the typical home value in the area.
The median condo/co-op sale price in Dearborn, MI is $215,000, compared to $314,400 for a single-family home, based on the latest Redfin data.
The median single-family home price in Dearborn, MI is $314,400 (about $202 per square foot).
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