Home ValuePros
Talk to a Pro

Market Intelligence · MI / Dearborn

Dearborn, MI 48128 Housing Market

The typical home value in Dearborn's 48128 ZIP code is $306,777, up 3.1% over the past year as of September 2026. The median list price is $345,000, and homes are spending a median of 22 days on market. There are 23 homes for sale.

Updated September 2026Median value$307K

The median home value in Dearborn, MI 48128 is $307K as of September 2026, up 3.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Get a cash offer

Sell without the wait

Sell your Dearborn home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48128 range

$282K to $331K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48128 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Dearborn, MI.

12-month value trend

+3.1% over 12 months

Typical home value in 48128 over the last 12 months: $298K in Sep 2025 to $307K in Sep 2026 (+3.1%).

Sep 2025$298K

Sep 2026$307K

The numbers

What is the 48128 housing market like?

Typical home value

$307K

Up3.1%YoY

Median list price

$345K

Down0.3%MoM

Days on market

22

Up29.4%MoM

Homes for sale

23

Up15.0%MoM

Price cuts

28.2%

Up273.4%MoM

New listings

16

Down33.3%MoM

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

The outlook

48128 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48128 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 48128 rose 3.1%, per the Zillow Home Value Index.

Will home prices drop in 48128?

Zillow's forecast does not call for a drop: it expects typical home values in 48128 to rise 1.6% by September 2027, after a 3.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 48128 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48128 home prices compare?

  • 48128$306,777
  • Dearborn$244,556
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Dearborn: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Inventory in 48128 is thin, with 23 homes for sale and 16 new listings as of September 2026. Homes are moving at a median of 22 days on market, so well-priced properties do not sit long. The median list price of $345,000 runs above the typical home value of $306,777, which is up 3.1% over the past year. Still, 28.2% of listings have taken a price cut, which suggests some sellers are reaching past what buyers will pay. For a seller, the honest read is that pricing right at the start matters more than optimism.

Monthly payment

Estimate your monthly payment.

20% · $61,355

Common questions

What people ask us.

How much is a home in 48128 worth?

The typical home value in 48128 is $306,777, up 3.1% over the past year as of September 2026. The median list price is $345,000.

How fast do homes sell in 48128?

Homes in 48128 spend a median of 22 days on market as of September 2026. With 23 homes for sale and 16 new listings, selection for buyers is limited.

Are sellers cutting prices in 48128?

Yes. About 28.2% of listings in 48128 had a price cut as of September 2026, even as typical values rose 3.1% over the past year.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.