The housing market in Dearborn, MO is on the rise. The median value of a home in Dearborn is currently $269,600, which is significantly below the national median value of $338,100. Despite this discrepancy, the 1 year appreciation rate for homes in Dearborn is higher than the nationwide average at 11.42%. This means that property values are rising quickly in Dearborn, making it an attractive option for potential homeowners or investors who want to get a good deal on their next purchase.
The median home cost in Dearborn is $269,600. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Dearborn is up 11.0%.
Average Age of Homes
- The median age of Dearborn real estate is 57 years old
The Rental Market in Dearborn
- Renters make up 30.7% of the Dearborn population
- 0.0% of houses and apartments in Dearborn, 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.