Dearborn Heights, MI Real Estate Market Trends & Home Values

Dearborn Heights, MI Market Overview

Real estate market trends reflect that there have been 1341 transactions over the past year in Dearborn Heights. The median value for residential home transactions that occurred over the previous year is $190,179. The number of current listings in Dearborn Heights is 100, and the percentage of properties for sale in the city is 77.5%. Dearborn Heights, MI currently has 29 properties in foreclosure, 2 bank owned properties, 27 properties headed for auction, and 100 properties for sale.

Active Residential Inventory

129

Total Inventory

Recently Sold Properties

921

Total Sales (Last 6 Months)

Foreclosures ( 29 )

22.5%

Pre-foreclosures ( 0 )

Bank Owned ( 2 )

1.6%

Auctions ( 27 )

20.9%

For Sale ( 100 )

77.5%

Dearborn Heights, MI Home Values

$190,179

Dearborn Heights home values range from $24,400 to $3,372,908. The median estimated value of a home in Dearborn Heights is $190,179. The median list price of a home is $159,900, and the total count of properties in the city is 21,852.

Dearborn Heights, MI Real Estate Market Overview

Dearborn Heights, MI Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
48127	$198,471 $165.00/sqft
48125	$140,149 $143.00/sqft

There are 2 zip codes within Dearborn Heights, MI; within these zip codes, the median estimated home value for homes in foreclosure ranges from $1,313,400 in 48127 to the lowest value of $35,712 in 48127. Foreclosure homes account for 0.13% of properties in Dearborn Heights, MI with 48125 containing 18 foreclosures, the highest number of foreclosure properties in a single zip code.