Home ValuePros

Market Intelligence · MI / Dearborn

Dearborn, MI 48128 Housing Market

Homes in Dearborn, MI 48128 have a typical value of $317,061, up 3.6% over the past year. The median list price stands at $345,950, with homes spending a median of 17 days on market.

Updated August 2026Median value$310K

The median home value in Dearborn, MI 48128 is $310K as of August 2026, up 3.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48128 range

$285K to $335K

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.

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12-month value trend

+3.4% over 12 months

Typical home value in 48128 over the last 12 months: $300K in Aug 2025 to $310K in Aug 2026 (+3.4%).

Aug 2025$300K

Aug 2026$310K

The numbers

What is the 48128 housing market like?

Typical home value

$310K

Up3.4%YoY

Median list price

$346K

Down0.1%MoM

Days on market

17

Up6.3%MoM

Homes for sale

20

Up100.0%MoM

Price cuts

7.5%

Down34.1%MoM

New listings

24

Up50.0%MoM

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

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The comparison

How do 48128 home prices compare?

  • 48128$310,187
  • Dearborn$246,574
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Dearborn: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

The market here shows steady activity. There are 20 homes for sale as of August 2026, with 24 new listings coming to market recently. Only 7.5% of listings have received a price cut, suggesting most sellers are holding firm on their asking prices. Homes are moving moderately fast at 17 days median time on market. For a seller, the year-over-year appreciation is modest, and the low frequency of price cuts indicates that overpricing is a real risk.

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20% · $62,037

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