Zip 48127 (Dearborn Heights, MI) Housing

The housing market in 48127 Dearborn Heights, MI has seen a slight increase in home values over the past year. The median value of homes in this area is $216,700, which is notably lower than the US median house value of $338,100. Home appreciation in 48127 Dearborn Heights, MI over the last year has been 8.47%, slightly higher than the national average of 8.27%. The strong housing market and lower-than-average median home values make this area an attractive option for potential buyers looking for a great value.

The median home cost in Dearborn Heights (zip 48127) is $216,700. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Dearborn Heights (zip 48127) is up 13.1%.

Average Age of Homes

- The median age of Dearborn Heights (zip 48127) real estate is 57 years old

The Rental Market in Dearborn Heights (zip 48127)

- Renters make up 25.5% of the Dearborn Heights (zip 48127) population
- 0.7% of houses and apartments in Dearborn Heights (zip 48127), 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 Heights, Michigan	United States
	14,483.0	139,647,020.0
	61	42
	$216,700	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$18.31	$10.98
	$3,069	$2,690
	67.7%	57.4%
	4.7%	11.2%
	27.7%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.4%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.5%	2.4%
	1.4%	2.8%
	2.3%	3.9%
	5.6%	4.5%
	27.1%	11.3%
	20.7%	13.0%
	23.1%	20.1%
	8.7%	13.6%
	3.3%	8.3%
	2.3%	9.7%
	0.9%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	1.5%	13.6%
	3.9%	13.2%
	13.8%	14.8%
	1.5%	13.6%
	38.6%	10.0%
	6.3%	4.7%
	4.2%	12.2%

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