Call or Text (240) SELL-123

DEARBORN, MI 48124

Real Estate Market Report  ·  Wayne County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
83
⇧ 27.7% vs 65 last year
Pending
26
31% pending ratio
Median Price
$249,400
⇧ 11.5% vs $223,700 last year
Average Price
$288,805
⇧ 12.8% vs $256,032 last year
Days on Market
44
⇧ 29.4% vs 34 days last year

Market Context

Population: 34,046  ·  Density: 1,489.9/mi²  ·  Median household income: $76,889

Typical home value: $178,041  ·  Homeownership: 80.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The DEARBORN, MI real estate market (48124) currently shows 83 active listings, with 26 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 34 days last year.

The median listing price has risen 11.5% year-over-year, from $223,700 to $249,400.

Whether you are buying or selling in DEARBORN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for DEARBORN, MI 48124 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 65 last year
  • Days on market: 44 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $249,400 (+11.5% YoY)
  • Average: $288,805 (+12.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.4 miles — 845 listings ($171,647,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48124Dearborn, MI 481240.0 mi83$23,970,815$249,400$288,805
48125Dearborn Heights, MI 481251.7 mi74$14,710,090$169,900$198,785
48101Allen Park, MI 481013.3 mi52$11,139,908$229,000$214,229
48122Melvindale, MI 481223.8 mi24$3,918,600$159,950$163,275
48120Dearborn, MI 481203.9 mi6$1,873,200$319,900$312,200
48217Detroit, MI 482175.0 mi12$1,092,000$80,000$91,000
48180Taylor, MI 481805.1 mi145$29,648,585$173,450$204,473
48239Redford, MI 482395.7 mi107$19,557,032$184,950$182,776
48186Westland, MI 481866.5 mi75$15,981,300$209,000$213,084
48223Detroit, MI 482236.6 mi107$12,457,154$84,900$116,422
48209Detroit, MI 482096.7 mi22$4,515,060$195,000$205,230
48195Southgate, MI 481956.8 mi65$14,932,970$199,900$229,738
48185Westland, MI 481857.4 mi73$17,850,398$239,900$244,526

Frequently Asked Questions

How many homes are for sale in DEARBORN, MI 48124?

As of January 2026, there are 83 active listings in DEARBORN, MI (zip code 48124), compared to 65 the prior year.

What is the median home price in DEARBORN, MI 48124?

The median listing price in DEARBORN, MI 48124 is $249,400 as of January 2026, a 11.5% increase from $223,700 the prior year.

How long do homes stay on the market in DEARBORN, MI?

Homes in DEARBORN, MI 48124 spend an average of 44 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in DEARBORN, MI 48124?

Based on current inventory and days-on-market data as of January 2026, DEARBORN, MI 48124 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 34 days last year.

How much can I save on real estate commission in DEARBORN, MI?

With SELL123.com's maximum 3% commission, sellers in DEARBORN, MI 48124 save an estimated $4,988 compared to a typical 5% commission on the median listing price of $249,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.