Is Dearborn, MI 48120 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Dearborn is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list95.9%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$113▼ −45.2% vs. last year

Run the numbers for 48120

Prefilled for 48120Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48120Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allen Park 48101Seller’s market $145 /sq ft Belleville 48111Seller’s market $184 /sq ft Canton 48187Seller’s market $196 /sq ft Canton 48188Seller’s market $192 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology