The Dearborn housing market is very competitive. The median sale price of a home in Dearborn was $256K last month, up 11.1% since last year. The median sale price per square foot in Dearborn is $184, up 5.1% since last year.
What is the housing market like in Dearborn today?
In April 2024, Dearborn home prices were up 11.1% compared to last year, selling for a median price of $256K. On average, homes in Dearborn sell after 11 days on the market compared to 17 days last year. There were 85 homes sold in April this year, up from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$255,500
+11.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Dearborn, MI
$255,500
+11.1%
United States
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How hot is the Dearborn housing market?
Dearborn is very competitive. Homes sell in 8 days.
0
100
89
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 8 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Dearborn
Explore recent offers and recently sold homes in Dearborn
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Dearborn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Dearborn.
Risk Factor
Flood Factor - Moderate
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Dearborn has a moderate risk of flooding. 3,543 properties in Dearborn are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Dearborn. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Dearborn has a moderate risk of wildfire. There are 301 properties in Dearborn that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Dearborn.