Dearborn Heights, MI Housing Market & Real Estate

Balanced market-11.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Dearborn Heights, MI is $190,000, down 11.6% year-over-year. Homes sell in an average of 52 days with 95 active listings. The market is currently a balanced market.

$190,000median sale price

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

Balanced market2.4 months of supply52 avg. days on market

Dearborn Heights, MI is currently a balanced market, based on 2.4 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

39

Last 12 weeks

Days on market

52

Average pace

Active listings

95

2.4 months supply

Sale-to-list

97.9%

Below asking

Dearborn Heights, MI market data

Current housing market statistics for Dearborn Heights, MI
MetricValue
Median sale price$190,000
Median list price$200,000
Year-over-year price change-11.6%
Average days on market52 days
Active inventory95 listings
Months of supply2.4 months
Sale-to-list price ratio97.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Dearborn Heights housing market is currently classified as a balanced market with a median sale price of $190,000. Prices have fallen 11.6% compared to last year, with homes spending an average of 52 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Dearborn Heights

There are currently 95 homes listed for sale in Dearborn Heights, Michigan. The median listing price is $200K.

Active listings

95

Homes on market

Median list price

$200K

Avg. days on market

52

Days until sale

New this week

51

Newly listed

Price drops:24.2%of listings
Sale-to-list:97.9%

Top public schools in Dearborn Heights

21 schools tracked · 9,777 students

The largest public schools serving Dearborn Heights, 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.

Star International Academy

Grades PK-12 · 1,643 students

Charter

Crestwood High School

Grades 9-12 · 1,284 students

Public

Riverside Middle School

Grades 5-8 · 1,163 students

Public

Annapolis High School

Grades 9-12 · 679 students

Public

Oakley W Best Middle School

Grades 6-8 · 574 students

Public

Thorne Elementary School

Grades PK-6 · 564 students

Public

Kinloch Elementary School

Grades K-4 · 533 students

Public

Bedford School

Grades PK-5 · 426 students

Public

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

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Frequently asked questions

What is the average home price in Dearborn Heights?

The median home sale price in Dearborn Heights is $190,000, down 11.6% from last year.

How long do homes stay on market in Dearborn Heights?

Homes typically spend 52 days on market before going under contract.

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

With 2.4 months of supply, Dearborn Heights is currently a balanced market.

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