Dearborn

Why you'd want to live in Dearborn

Founded in 1786 and incorporated as a city in 1929, Dearborn, Michigan is the eighth largest city in the state, and the second largest city in Wayne County. More than 98,000 residents call Dearborn “home” and benefit from exceptional City services. Internationally recognized as the birthplace of Henry Ford, Dearborn is where auto and steel manufacturing, green beltways, fields of sunflowers and wildlife dwell side by side. The city is a regional center for employment, healthcare services, higher education, shopping and transportation along with outstanding cultural, environmental and visitor attractions. via City of Dearborn website

Dearborn Market Report

$180,481

AVERAGE PRICE OF 241 HOMES

$145,850

AVERAGE PRICE OF 6 DISTRESSED HOMES

$303,325

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$212,566

AVERAGE PRICE OF 6 HOMES WITH A POOL

$168,932

AVERAGE PRICE OF 86 REDUCED PRICE HOMES

Average Home

Average Price $180,481
Avg Bedrooms 3 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $42,500
2 bedrooms $102,482
3 bedrooms $182,357
4 bedrooms $238,464
5 bedrooms $227,230
Dearborn Home Price Trends
  1/2018 12/2017 11/2017 10/2017 9/2017
Total Listings 269 312 376 436 468
Average Price $179,634 $179,988 $177,693 $179,527 $176,181
Avg Price Change -0.20% +1.29% -1.03% +1.90% -0.49%
Median Price $146,022 $148,755 $145,111 $145,251 $149,284
Med Price Change -1.87% +2.51% -0.10% -2.78% -1.81%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 1.71 baths 1.73 baths 1.71 baths 1.7 baths 1.69 baths
Total Homes Average Price Avg Days on Market
All Homes 241 $180,481 82 days
Distressed Homes 6 $145,850 132 days
Newly Built Homes 8 $303,325 189 days
Homes with a Pool 6 $212,566 153 days
Reduced Price Homes 86 $168,932 120 days