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Morley Area

DEARBORN, MI 48128

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

Market Overview

Active Listings
24
⇧ 41.2% vs 17 last year
Pending
10
42% pending ratio
Median Price
$349,350
⇩ 12.3% vs $398,450 last year
Average Price
$389,360
⇩ 2% vs $397,110 last year
Days on Market
46
⇧ 70.4% vs 27 days last year

Market Context

Population: 12,405  ·  Density: 2,073.7/mi²  ·  Median household income: $97,787

Typical home value: $224,065  ·  Homeownership: 88.2%

Market Analysis

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

The DEARBORN, MI real estate market (48128) currently shows 24 active listings, with 10 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 27 days last year.

The median listing price has fallen 12.3% year-over-year, from $398,450 to $349,350.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 17 last year
  • Days on market: 46 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $349,350 (-12.3% YoY)
  • Average: $389,360 (-2% 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 — 1,161 listings ($180,798,402 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48128Dearborn, MI 481280.0 mi24$9,344,640$349,350$389,360
48124Dearborn, MI 481241.6 mi83$23,970,815$249,400$288,805
48228Detroit, MI 482283.2 mi270$25,375,950$85,000$93,985
48126Dearborn, MI 481263.8 mi42$11,904,186$269,775$283,433
48135Garden City, MI 481354.2 mi56$13,021,176$221,200$232,521
48101Allen Park, MI 481014.9 mi52$11,139,908$229,000$214,229
48223Detroit, MI 482235.1 mi107$12,457,154$84,900$116,422
48217Detroit, MI 482176.1 mi12$1,092,000$80,000$91,000
48185Westland, MI 481856.5 mi73$17,850,398$239,900$244,526
48150Livonia, MI 481506.7 mi46$13,643,600$287,000$296,600
48204Detroit, MI 482046.7 mi117$10,837,359$85,250$92,627
48219Detroit, MI 482197.3 mi236$25,793,620$95,450$109,295
48218River Rouge, MI 482187.4 mi43$4,367,596$97,450$101,572

Frequently Asked Questions

How many homes are for sale in DEARBORN, MI 48128?

As of January 2026, there are 24 active listings in DEARBORN, MI (zip code 48128), compared to 17 the prior year.

What is the median home price in DEARBORN, MI 48128?

The median listing price in DEARBORN, MI 48128 is $349,350 as of January 2026, a 12.3% decrease from $398,450 the prior year.

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

Homes in DEARBORN, MI 48128 spend an average of 46 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in DEARBORN, MI 48128?

Based on current inventory and days-on-market data as of January 2026, DEARBORN, MI 48128 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 27 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 48128 save an estimated $6,987 compared to a typical 5% commission on the median listing price of $349,350. 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.