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

$165,463

AVERAGE PRICE OF 356 HOMES

$97,770

AVERAGE PRICE OF 11 DISTRESSED HOMES

$370,933

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$165,422

AVERAGE PRICE OF 9 HOMES WITH A POOL

$162,745

AVERAGE PRICE OF 107 REDUCED PRICE HOMES

Average Home

Average Price $165,463
Avg Bedrooms 3 beds
Avg Bathrooms 1.77 baths

Average Price by Bedrooms

1 bedroom $39,220
2 bedrooms $107,498
3 bedrooms $155,001
4 bedrooms $233,035
5 bedrooms $271,678
Dearborn Home Price Trends
  2/2017 1/2017 12/2016 11/2016 10/2016
Total Listings 327 334 404 427 444
Average Price $156,033 $155,422 $158,217 $158,690 $161,448
Avg Price Change +0.39% -1.80% -0.30% -1.74% -0.55%
Median Price $131,574 $131,849 $135,712 $135,160 $136,672
Med Price Change -0.21% -2.93% +0.41% -1.12% +0.56%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 1.75 baths 1.74 baths 1.75 baths 1.71 baths 1.72 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 356 $165,463 66 days
Distressed Homes 11 $97,770 137 days
Newly Built Homes 6 $370,933 233 days
Homes with a Pool 9 $165,422 43 days
Reduced Price Homes 107 $162,745 120 days