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Market Intelligence · MI / Wayne County

Dearborn, MI home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$245K1-yr changeUp2.8%

The typical home value in Dearborn, MI is $245K as of September 2026, up 2.8% from a year ago, based on the Zillow Home Value Index. In the typical Dearborn ZIP code, the median list price is $297K and homes spend a median of 30 days on market as of September 2026 (Realtor.com).

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The coverage

Dearborn, by the numbers.

Typical home valueZillow ZHVI, September 2026
$245K
1-yr changeMedian across Dearborn ZIPs
+2.8%
ZIP markets live6 tracked in Dearborn
4
County
Wayne County

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12-month value trend

+2.8% over 12 months

Typical home value in Dearborn over the last 12 months: $238K in Sep 2025 to $245K in Sep 2026 (+2.8%).

Sep 2025$238K

Sep 2026$245K

Median Zillow home value index across Dearborn's ZIP codes.

Context

The typical Dearborn home is worth $244,556, up 2.8% over the past year as of September 2026. That is steady, modest appreciation rather than a runaway market. There were 138 homes for sale in September 2026, with 100 new listings coming on during the same period, so buyers have a reasonable amount of choice. The median list price sits at $297,213, and homes are moving at a median of 30 days on market, which points to a fairly balanced pace. About 18.1% of listings carried a price cut, a sign that some sellers are starting too high and adjusting. For a Dearborn homeowner weighing a sale, the data describes a stable market where realistic pricing matters more than timing.

The numbers

What is the housing market like in Dearborn, MI?

Typical home value

$245K

Up2.8%YoY

Median list price

$297K

Days on market

30

Homes for sale

138

Price cuts

18.1%

New listings

100

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Dearborn's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Dearborn, MI home prices over time

Typical home values in Dearborn, MI are up 2.8% over the past year, from $238K in September 2025 to $245K in September 2026.

Typical home value in Dearborn, MI, September of each year
MonthTypical value1-yr change
September 2026$244,556+2.8%
September 2025$237,852No prior year

Typical value is the median Zillow Home Value Index across Dearborn ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Dearborn, MI a buyer's or seller's market?

Dearborn, MI leans toward a seller's market.

Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 30 days on market and 18% of listings with a price cut in the typical Dearborn ZIP code, and 100 new listings against 138 active listings across Dearborn, as of September 2026 (Realtor.com).

The outlook

Dearborn housing market forecast 2027

+1.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Dearborn ZIP codes, points to typical home values rising 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in Dearborn rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in Dearborn?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Dearborn shows typical home values rising 1.5% by September 2027, after a 2.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Dearborn ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Dearborn?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 6 Dearborn ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Dearborn, MI home prices.

How much is a home in Dearborn worth?

The typical home value in Dearborn is $244,556 as of September 2026, up 2.8% over the past year. Keep in mind this is a citywide figure, and any individual home may be worth more or less.

How fast are homes selling in Dearborn?

Homes in Dearborn spent a median of 30 days on market as of September 2026. That suggests a balanced pace where well-priced homes can sell within about a month.

Are Dearborn sellers cutting their asking prices?

Yes, some are. About 18.1% of listings had a price cut as of September 2026, with a median list price of $297,213, so pricing accurately from the start is important.

Are home prices going up or down in Dearborn, MI?

Typical home values in Dearborn, MI are up 2.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Dearborn, MI a buyer's or seller's market?

Dearborn, MI leans toward a seller's market. Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 30 days on market and 18% of listings with a price cut in the typical Dearborn ZIP code, and 100 new listings against 138 active listings across Dearborn, as of September 2026 (Realtor.com).

How long do homes take to sell in Dearborn, MI?

In the typical Dearborn ZIP code, homes spend a median of 30 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

More Michigan housing markets.

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