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

$185,385

AVERAGE PRICE OF 428 HOMES

$387,433

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$276,262

AVERAGE PRICE OF 8 HOMES WITH A POOL

$177,009

AVERAGE PRICE OF 168 REDUCED PRICE HOMES

Average Home

Average Price $185,385
Avg Bedrooms 3.19 beds
Avg Bathrooms 1.78 baths

Average Price by Bedrooms

2 bedrooms $113,802
3 bedrooms $170,029
4 bedrooms $253,303
5 bedrooms $281,465
Dearborn Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 438 427 408 372 n/a
Average Price $184,588 $186,845 $190,440 $192,192 n/a
Avg Price Change -1.22% -1.92% -0.92% n/a n/a
Median Price $149,898 $149,976 $151,813 $155,094 n/a
Med Price Change -0.05% -1.22% -2.16% n/a n/a
Avg Bedrooms 3.15 beds 3.15 beds 3.16 beds 3.16 beds n/a
Avg Bathrooms 1.73 baths 1.72 baths 1.73 baths 1.77 baths n/a
Total Homes Average Price Avg Days on Site
All Homes 428 $185,385 55 days
Newly Built Homes 6 $387,433 244 days
Homes with a Pool 8 $276,262 68 days
Reduced Price Homes 168 $177,009 71 days