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Dearborn, MI
Full City Profile · Michigan · Wayne County County
3.2
/5.0
B
Good
107,846
Population
4,447/sq mi density
$65,192
Median Income
$29,900 per capita
$205,900
Home Value
$239,537 Zillow
$1,264
Median Rent
35.8% income on rent
52°F
Avg Temperature
259 sunny days/yr
325
Violent Crime/100K
2,241 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$65,192 median income, 3.9% unemployment
A+
Affordability
4.9 / 5.0
$205,900 home value, $1,264/mo rent
F
Safety
1.0 / 5.0
325 violent crimes/100K
B+
Education
3.7 / 5.0
34.3% bachelor's degree or higher
Housing Overview
Median Home Value
$205,900
27% below
US avg: $281,900
Median Rent
$1,264/mo
9% above
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
38,724
Median year built: 1952
Home Value by Source
Census Median
$205,900
Zillow (ZHVI)
$239,537
Median Sale Price
$260,000
Median List Price
$282,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.2%
Owner-Occupied
31.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,264/mo
· Zillow rent:
$1,758/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
54
Price Drops
24.6%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
110
homes for sale
Affordability & Housing Stock
Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
68.2%
Complete Housing Data
Home Values
| Census Median Value | $205,900 |
| Zillow Home Value (ZHVI) | $239,537 |
| Median Sale Price | $260,000 |
| Median List Price | $282,450 |
| Price Per Sq Ft | $169 |
Rent
| Census Median Rent | $1,264 |
| Zillow Rent (ZORI) | $1,758 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.6% |
| Homes Sold | 54 |
| Active Inventory | 110 |
| Price Per Sq Ft | $169 |
Ownership & Stock
| Owner-Occupied | 68.2% |
| Renter-Occupied | 31.8% |
| Homeownership Rate | 68.2% |
| Total Housing Units | 38,724 |
| Median Year Built | 1952 |
| Rent Burden | 35.8% |