The Unshakable Investor

Unshakable ZIP Data 48120 | Dearborn, MI Housing Market

Dearborn · Wayne County · Detroit-Warren-Dearborn, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 48120, Dearborn, Michigan is $319,905 at $192 per square foot. 6 single-family homes sold in the latest period, down 52.5 percent from a year earlier. Homes sit a median of 10 days on market with 3.2 months of supply. Sellers are getting 96.7 percent of list price and 16.7 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$243,587
Average price per sq ft$146
Median sale price$319,905
Median sale price per sq ft$192
Median home size1,664 sq ft
Median new listing price$431,214+54.8%
National size rank10,561

Sales activity

MetricValueYear over year
Homes sold6-52.5%
Median days on market10 days
Months of supply3.2 months
New listings6-53.1%
Active listings11-34.5%
Pending sales7-49.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.7%-3.3 pts
Share sold above list16.7%-14.1 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$218,695
3-bedroom
$293,103
4-bedroom
$264,676
5-bedroom
$232,097

These figures describe the single-family market for Dearborn, Michigan ZIP 48120. They are market context, not a substitute for sold comps or a formal appraisal.