Zip 48126 (Dearborn, MI) Housing

The housing market in Dearborn, MI (48126) is currently doing well - the median value of homes in this area is $184,300 which is significantly lower than the US House Median Value of $338,100. Over the past year, house appreciation in Dearborn was 8.47%, slightly higher than the national average of 8.27%. This suggests that investing in real estate in this area could be a wise decision as it has proven to appreciate at a faster rate than many other parts of the country.

The median home cost in Dearborn (zip 48126) is $184,300. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Dearborn (zip 48126) is up 13.1%.

Average Age of Homes

- The median age of Dearborn (zip 48126) real estate is 69 years old

The Rental Market in Dearborn (zip 48126)

- Renters make up 38.2% of the Dearborn (zip 48126) population
- 1.3% of houses and apartments in Dearborn (zip 48126), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Dearborn, Michigan	United States
	16,026.0	139,647,020.0
	71	42
	$184,300	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$20.10	$10.98
	$3,165	$2,690
	52.0%	57.4%
	8.9%	11.2%
	39.2%	31.4%
Vacant Housing
	1.3%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	1.3%	0.4%
	0.0%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.5%	2.4%
	3.0%	2.8%
	5.7%	3.9%
	6.1%	4.5%
	27.6%	11.3%
	26.0%	13.0%
	17.4%	20.1%
	6.1%	13.6%
	3.6%	8.3%
	1.1%	9.7%
	0.7%	3.9%
	0.1%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	6.1%	13.6%
	6.2%	13.2%
	5.0%	14.8%
	6.1%	13.6%
	16.7%	10.0%
	15.3%	4.7%
	34.7%	12.2%

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