Dearborn, MI 48126 Real Estate & Property Data

Dearborn, MI 48126 Real Estate Market Trends
Last Updated: April 17, 2024

A total of 412 residential properties have been sold over the past 12 months in 48126. With a median sales price of $263,500 in 48126 and a total of 2 foreclosures in Dearborn, MI 48126. Discover market trends and get the granular level real estate data for Dearborn, MI 48126 to keep your pulse on the housing market. Curate compelling home reports for Dearborn, MI 48126 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Dearborn, MI 48126 Real Estate Market Trends
Total Residential Properties 11,815
Total Commercial Properties 1,226
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 1,482
Total 2024 Residential Sales (year-to-date) 50
% of Homes Seriously Underwater (Q2 2024) 0.62%
Total 2023 Residential Sales 403
% of Equity Rich Homes (Q2 2024) 23.67%
Effective 2023 Property Tax 1.44%
Total Foreclosure Filings (year-to-date) 3
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Dearborn, MI 48126 Real Estate Overview

There were 412 residential properties sold in the past year in Dearborn, MI 48126. The median home value in Dearborn, MI 48126 is $203,500. There are a total of 11,815 residential properties in the 48126.

Median Sales Price i
$263,500
(Feb 2024)
+32.4%
year-over-year
y-o-y
  • February '24 Feb '24 $263,500
  • January '24 Jan '24 $224,000
  • December '23 Dec '23 $230,000
  • November '23 Nov '23 $227,500
  • October '23 Oct '23 $250,000
  • September '23 Sep '23 $230,000
  • August '23 Aug '23 $250,500
  • July '23 Jul '23 $315,000
  • June '23 Jun '23 $235,000
  • May '23 May '23 $262,500
  • April '23 Apr '23 $212,500
  • March '23 Mar '23 $240,000
Median Down Payment i
$14,375
(Feb 2024)
-51.9%
year-over-year
y-o-y
  • February '24 Feb '24 $14,375
  • January '24 Jan '24 $21,450
  • December '23 Dec '23 $25,399
  • November '23 Nov '23 $25,000
  • October '23 Oct '23 $8,370
  • September '23 Sep '23 $46,000
  • August '23 Aug '23 $40,050
  • July '23 Jul '23 $21,000
  • June '23 Jun '23 $16,400
  • May '23 May '23 $31,000
  • April '23 Apr '23 $20,642
  • March '23 Mar '23 $30,500
Number of Homes Sold i
22
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 28
  • December '23 Dec '23 21
  • November '23 Nov '23 34
  • October '23 Oct '23 31
  • September '23 Sep '23 44
  • August '23 Aug '23 38
  • July '23 Jul '23 25
  • June '23 Jun '23 30
  • May '23 May '23 34
  • April '23 Apr '23 45
  • March '23 Mar '23 38
Number of Purchase Loans i
17
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 12
  • December '23 Dec '23 7
  • November '23 Nov '23 20
  • October '23 Oct '23 16
  • September '23 Sep '23 29
  • August '23 Aug '23 16
  • July '23 Jul '23 14
  • June '23 Jun '23 22
  • May '23 May '23 22
  • April '23 Apr '23 25
  • March '23 Mar '23 29
Number of REFI Loans i
10
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 7
  • December '23 Dec '23 12
  • November '23 Nov '23 19
  • October '23 Oct '23 13
  • September '23 Sep '23 11
  • August '23 Aug '23 12
  • July '23 Jul '23 12
  • June '23 Jun '23 13
  • May '23 May '23 10
  • April '23 Apr '23 13
  • March '23 Mar '23 13
Number of HELOC Loans i
5
(Feb 2024)
-44.4%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 10
  • December '23 Dec '23 10
  • November '23 Nov '23 7
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 7
  • July '23 Jul '23 5
  • June '23 Jun '23 7
  • May '23 May '23 8
  • April '23 Apr '23 4
  • March '23 Mar '23 11

Dearborn, MI 48126 Foreclosure Activity

There were a total of 2 Dearborn, MI 48126 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Dearborn, MI 48126 properties and repossessed 1 Dearborn, MI 48126 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 1
Foreclosure Starts i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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