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Sarah Mitchell

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Compass Real Estate · Dearborn, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Dearborn, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Dearborn, MI Housing Market & Real Estate

Strong seller's market+9.3% YoY

Housing market overview · Updated monthly ·

$295,000median sale price

How is the Dearborn, MI housing market right now?

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.)

Is Dearborn a buyer's or seller's market?

Strong seller's market1.4 months of supply14 avg. days on market

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

What does the Dearborn housing market data show?

Current housing market statistics for Dearborn, MI
MetricValue
Median sale price$295,000
Median list price$295,000
Year-over-year price change+9.3%
Average days on market14 days
Active inventory120 listings
Months of supply1.4 months
Sale-to-list price ratio100.6%
Median price per sq ft$196/sq ft
Homes sold (latest month)86
New listings (latest month)89
Listings with a price cut23.3%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Dearborn by property type?

How the Dearborn, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Dearborn, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$314,400$202/sq ft7410 days
Condo / Co-op$215,000$154/sq ft1184 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.

Homes for sale in Dearborn

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.

2 bedroom condo for sale at 21800 Morley Ave Apt 618 Dearborn 48124 - $125,000
New Listing
51
$125,000

21800 Morley Ave Apt 618

Dearborn, MI 48124

2 bd1 ba906 sqft$138/ft²
Condo

Century 21 Curran & Oberski

View photos & details
2 bedroom house for sale at 24411 Penn St Dearborn 48124 - $165,000
New Listing
5
$165,000

24411 Penn St

Dearborn, MI 48124

2 bd1 ba868 sqft$190/ft²
House5,227 sqft lot

Century 21 Curran & Oberski

View photos & details
2 bedroom townhouse for sale at 3082 Lindenwood Dr Dearborn 48120 - $210,000
New Listing
32
$210,000

3082 Lindenwood Dr

Dearborn, MI 48120

2 bd1 ba1,314 sqft$160/ft²
Townhouse

KW Professionals

View photos & details
4 bedroom house for sale at 6115 Steadman St Dearborn 48126 - $250,000
$250,000

6115 Steadman St

Dearborn, MI 48126

4 bd2 ba1,437 sqft$174/ft²
House3,920 sqft lot

RE/MAX Team 2000

View photos & details
3 bedroom house for sale at 5700 Appoline St Dearborn 48126 - $275,000
New Listing
27
$275,000

5700 Appoline St

Dearborn, MI 48126

3 bd2 ba1,650 sqft$167/ft²
House5,227 sqft lot

Ali Shebley · REIMC

View photos & details
3 bedroom house for sale at 2659 Culver Ave Dearborn 48124 - $279,000
New Listing
47
$279,000

2659 Culver Ave

Dearborn, MI 48124

3 bd1 ba1,256 sqft$222/ft²
House5,663 sqft lot

Preferred, Realtors(R) Ltd

View photos & details
3 bedroom house for sale at 6625 Reuter St Dearborn 48126 - $299,500
42
$299,500

6625 Reuter St

Dearborn, MI 48126

3 bd3 ba1,750 sqft$171/ft²
House4,792 sqft lot

Century 21 Curran & Oberski

View photos & details
3 bedroom house for sale at 6511 Coleman St Dearborn 48126 - $334,990
New Listing
40
$334,990

6511 Coleman St

Dearborn, MI 48126

3 bd2 ba1,428 sqft$235/ft²
House3,485 sqft lot

Keller Williams Legacy

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4 bedroom house for sale at 22247 Outer Dr Dearborn 48124 - $349,700
New Listing
56
$349,700

22247 Outer Dr

Dearborn, MI 48124

4 bd3 ba1,569 sqft$223/ft²
House4,356 sqft lot

Got Key'D Realty

View photos & details
3 bedroom house for sale at 1621 Robindale Ave Dearborn 48128 - $359,900
New Listing
44
$359,900

1621 Robindale Ave

Dearborn, MI 48128

3 bd2 ba1,311 sqft$275/ft²
House5,227 sqft lot

Century 21 Curran & Oberski

View photos & details
3 bedroom condo for sale at 28 Turnberry Ln Dearborn 48120 - $549,900
New Listing
65
$549,900

28 Turnberry Ln

Dearborn, MI 48120

3 bd2 ba2,128 sqft$258/ft²
Condo

Century 21 Curran & Oberski

View photos & details
5 bedroom house for sale at 2211 Golfview Dr Dearborn 48128 - $1,875,000
New Listing
84
$1,875,000

2211 Golfview Dr

Dearborn, MI 48128

5 bd4 ba5,000 sqft$375/ft²
House13,504 sqft lot

Century 21 Curran & Oberski

View photos & details

Looking to buy in Dearborn?

Get connected with a local real estate expert — free, no obligation.

Active listings

120

Homes on market

Median list price

$295K

Avg. days on market

14

Days until sale

New this week

89

Newly listed

Price drops:23.3%of listings
Sale-to-list:100.6%

Who lives in Dearborn?

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

What are homes worth in Dearborn?

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

What is it like to live in Dearborn?

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.

Which public schools serve Dearborn?

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

Public

Dearborn High School

Grades 9-12 · 1,882 students

Public

Edsel Ford High School

Grades 9-12 · 1,571 students

Public

Advanced Technology Academy

Grades PK-12 · 1,217 students

Charter

Bryant Middle School

Grades 6-8 · 774 students

Public

Woodworth Middle School

Grades 6-8 · 730 students

Public

Henry Ford Elementary School

Grades PK-5 · 721 students

Public

Stout Middle School

Grades 6-8 · 712 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Dearborn, MI?

Want a head-to-head view? Compare Dearborn side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Dearborn?

Is Dearborn a good real estate investment market?

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.

Frequently asked questions

What is the average home price in Dearborn?

The median home sale price in Dearborn is $295,000, up 9.3% from last year.

How long do homes stay on market in Dearborn?

Homes typically spend 14 days on market before going under contract.

What is the median income in Dearborn?

The median household income is $65,192 per year.

Is Dearborn a buyer's or seller's market?

With 1.4 months of supply, Dearborn is currently a strong seller's market.

How many homes are for sale in Dearborn?

There are currently 120 homes listed for sale in Dearborn, MI.

What is the Zillow home value estimate for Dearborn?

The Zillow Home Value Index (ZHVI) for Dearborn is $255,121, representing the typical home value in the area.

What is the median condo price in Dearborn?

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.

How much does a single-family home cost in Dearborn?

The median single-family home price in Dearborn, MI is $314,400 (about $202 per square foot).

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