Is Dearborn, MI 48128 a buyer’s or seller’s market?
Dearborn is a seller’s market. With about 1.5 months of supply and 72% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.5Under 4 months = seller’s market
Sold above original list71.7%Share of sales, last 3 months
Median sale-to-list103.2%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$215▲ +14.1% vs. last year
Run the numbers for 48128
Nearby markets
Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftCanton 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