Dearborn Heights, MI Real Estate & Property Data

Dearborn Heights Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Dearborn Heights, MI. ATTOM’s Dearborn Heights real estate data is updated daily, and current market trends show that in Dearborn Heights, MI a total of 1,117 residential properties have sold over the past year. With a median home price of $189,900 in Dearborn Heights and a total of 1 foreclosures. Get detailed property data for Dearborn Heights, MI instantly. ATTOM is your one-stop-shop for the Dearborn Heights property reports and real estate data you need in Dearborn Heights, MI.

Dearborn Heights Real Estate Market Trends
Total Residential Properties 21,838
Total Commercial Properties 887
Avg. Home Age (Single Family Home) 67 Years
Avg. Square Feet (Single Family Home) 1,262
Total 2024 Residential Sales (year-to-date) 168
% of Homes Seriously Underwater (Q2 2024) 0.67%
Total 2023 Residential Sales 1,034
% of Equity Rich Homes (Q2 2024) 25.26%
Effective 2023 Property Tax 1.36%
Total Foreclosure Filings (year-to-date) 4
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Dearborn Heights, MI Real Estate Overview

There were 1,117 residential properties sold in the past year in Dearborn Heights, MI. The median home value in Dearborn Heights, MI is $185,251. There are a total of 21,838 residential properties in the Dearborn Heights.

Median Sales Price i
$189,900
(Feb 2024)
-2.6%
year-over-year
y-o-y
  • February '24 Feb '24 $189,900
  • January '24 Jan '24 $215,750
  • December '23 Dec '23 $200,000
  • November '23 Nov '23 $209,950
  • October '23 Oct '23 $179,500
  • September '23 Sep '23 $190,000
  • August '23 Aug '23 $200,000
  • July '23 Jul '23 $185,000
  • June '23 Jun '23 $185,000
  • May '23 May '23 $220,000
  • April '23 Apr '23 $165,000
  • March '23 Mar '23 $170,000
Median Down Payment i
$29,890
(Feb 2024)
+40.5%
year-over-year
y-o-y
  • February '24 Feb '24 $29,890
  • January '24 Jan '24 $21,350
  • December '23 Dec '23 $14,625
  • November '23 Nov '23 $21,000
  • October '23 Oct '23 $17,900
  • September '23 Sep '23 $20,400
  • August '23 Aug '23 $19,500
  • July '23 Jul '23 $24,500
  • June '23 Jun '23 $9,045
  • May '23 May '23 $14,990
  • April '23 Apr '23 $9,375
  • March '23 Mar '23 $11,797
Number of Homes Sold i
70
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 70
  • January '24 Jan '24 98
  • December '23 Dec '23 42
  • November '23 Nov '23 88
  • October '23 Oct '23 71
  • September '23 Sep '23 114
  • August '23 Aug '23 103
  • July '23 Jul '23 93
  • June '23 Jun '23 95
  • May '23 May '23 99
  • April '23 Apr '23 82
  • March '23 Mar '23 92
Number of Purchase Loans i
49
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 49
  • January '24 Jan '24 55
  • December '23 Dec '23 32
  • November '23 Nov '23 63
  • October '23 Oct '23 44
  • September '23 Sep '23 52
  • August '23 Aug '23 61
  • July '23 Jul '23 60
  • June '23 Jun '23 59
  • May '23 May '23 52
  • April '23 Apr '23 58
  • March '23 Mar '23 64
Number of REFI Loans i
33
(Feb 2024)
+26.9%
year-over-year
y-o-y
  • February '24 Feb '24 33
  • January '24 Jan '24 40
  • December '23 Dec '23 27
  • November '23 Nov '23 47
  • October '23 Oct '23 38
  • September '23 Sep '23 38
  • August '23 Aug '23 49
  • July '23 Jul '23 52
  • June '23 Jun '23 44
  • May '23 May '23 40
  • April '23 Apr '23 31
  • March '23 Mar '23 44
Number of HELOC Loans i
14
(Feb 2024)
-6.7%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 16
  • December '23 Dec '23 16
  • November '23 Nov '23 19
  • October '23 Oct '23 15
  • September '23 Sep '23 27
  • August '23 Aug '23 28
  • July '23 Jul '23 17
  • June '23 Jun '23 16
  • May '23 May '23 20
  • April '23 Apr '23 15
  • March '23 Mar '23 23

Dearborn Heights, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Dearborn Heights, MI Foreclosure Activity

There were a total of 1 Dearborn Heights, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Dearborn Heights, MI properties and repossessed 1 Dearborn Heights, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 4
  • October '23 Oct '23 7
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 6
  • May '23 May '23 3
  • April '23 Apr '23 5
  • March '23 Mar '23 16
Foreclosure Starts i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 4
  • October '23 Oct '23 7
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 6
  • May '23 May '23 3
  • April '23 Apr '23 5
  • March '23 Mar '23 16
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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