Dearborn, MI 48124 Real Estate & Property Data

Dearborn, MI 48124 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 665 residential properties have been sold over the past 12 months in 48124. With a median sales price of $247,000 in 48124 and a total of 2 foreclosures in Dearborn, MI 48124. Discover market trends and get the granular level real estate data for Dearborn, MI 48124 to keep your pulse on the housing market. Curate compelling home reports for Dearborn, MI 48124 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Dearborn, MI 48124 Real Estate Market Trends
Total Residential Properties 13,493
Total Commercial Properties 717
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,413
Total 2025 Residential Sales (year-to-date) 283
% of Homes Seriously Underwater (Q3 2025) 0.41%
Total 2024 Residential Sales 589
% of Equity Rich Homes (Q3 2025) 39.66%
Effective 2024 Property Tax 1.18%
Total Foreclosure Filings (year-to-date) 9
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Dearborn, MI 48124 Real Estate Overview

There were 665 residential properties sold in the past year in Dearborn, MI 48124. The median home value in Dearborn, MI 48124 is $280,058. There are a total of 13,493 residential properties in the 48124.

Median Sales Price i
$247,000
(Jun 2025)
-0.6%
year-over-year
y-o-y
  • June '25 Jun '25 $247,000
  • May '25 May '25 $243,500
  • April '25 Apr '25 $265,000
  • March '25 Mar '25 $255,000
  • February '25 Feb '25 $278,750
  • January '25 Jan '25 $252,500
  • December '24 Dec '24 $234,500
  • November '24 Nov '24 $239,165
  • October '24 Oct '24 $257,500
  • September '24 Sep '24 $233,000
  • August '24 Aug '24 $245,000
  • July '24 Jul '24 $270,000
Median Down Payment i
$15,600
(Jun 2025)
-16.8%
year-over-year
y-o-y
  • June '25 Jun '25 $15,600
  • May '25 May '25 $38,625
  • April '25 Apr '25 $27,000
  • March '25 Mar '25 $39,500
  • February '25 Feb '25 $20,000
  • January '25 Jan '25 $26,000
  • December '24 Dec '24 $36,375
  • November '24 Nov '24 $21,250
  • October '24 Oct '24 $23,079
  • September '24 Sep '24 $28,750
  • August '24 Aug '24 $15,000
  • July '24 Jul '24 $33,500
Number of Homes Sold i
65
(Jun 2025)
+14%
year-over-year
y-o-y
  • June '25 Jun '25 65
  • May '25 May '25 64
  • April '25 Apr '25 47
  • March '25 Mar '25 24
  • February '25 Feb '25 38
  • January '25 Jan '25 45
  • December '24 Dec '24 37
  • November '24 Nov '24 52
  • October '24 Oct '24 62
  • September '24 Sep '24 55
  • August '24 Aug '24 58
  • July '24 Jul '24 61
Number of Purchase Loans i
47
(Jun 2025)
+14.6%
year-over-year
y-o-y
  • June '25 Jun '25 47
  • May '25 May '25 46
  • April '25 Apr '25 40
  • March '25 Mar '25 18
  • February '25 Feb '25 23
  • January '25 Jan '25 34
  • December '24 Dec '24 28
  • November '24 Nov '24 39
  • October '24 Oct '24 47
  • September '24 Sep '24 43
  • August '24 Aug '24 45
  • July '24 Jul '24 42
Number of REFI Loans i
32
(Jun 2025)
-15.8%
year-over-year
y-o-y
  • June '25 Jun '25 32
  • May '25 May '25 31
  • April '25 Apr '25 35
  • March '25 Mar '25 30
  • February '25 Feb '25 26
  • January '25 Jan '25 20
  • December '24 Dec '24 30
  • November '24 Nov '24 30
  • October '24 Oct '24 47
  • September '24 Sep '24 30
  • August '24 Aug '24 35
  • July '24 Jul '24 30
Number of HELOC Loans i
14
(Jun 2025)
+7.7%
year-over-year
y-o-y
  • June '25 Jun '25 14
  • May '25 May '25 18
  • April '25 Apr '25 13
  • March '25 Mar '25 10
  • February '25 Feb '25 13
  • January '25 Jan '25 15
  • December '24 Dec '24 9
  • November '24 Nov '24 24
  • October '24 Oct '24 19
  • September '24 Sep '24 24
  • August '24 Aug '24 21
  • July '24 Jul '24 22

Dearborn, MI 48124 Foreclosure Activity

There were a total of 2 Dearborn, MI 48124 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 6
Foreclosure Starts i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 4
  • October '24 Oct '24 4
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 6
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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