The story of this market
The typical home in ZIP 48120 sells for about $275,000, or $209 per square foot.
Prices are roughly flat from a year ago (+0.03%), a market in balance. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,355 a month.
ZIP 48120 — Dearborn
The housing market in 48120 is characterized by a median listing price of $275,000 and a median rent of $1,800. Market activity remains steady with a median of 32 days on market. Specific figures for sales count, months of supply, and sale-to-list ratio are not currently published for this ZIP code.
Median prices moved up 0.0% year over year.
Homes spend a median of 32 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 34.8% — a mixed stability profile.
ZCTA 48120, Wayne County MI
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The rental market shows steady demand with a median rent of $1,800 per month.
Data sourced from City-Data.com profile for 48120.
- Little Caesars Arena4.67.4 mi
- Comerica Park4.77.6 mi
- Ford Field4.67.8 mi
- Huntington Place4.57.4 mi
- Masonic Temple4.47.2 mi
- Ambassador Bridge46.1 mi
- Comerica Park4.77.6 mi
- Henry Ford Museum of American Innovation4.82.2 mi
- Detroit Zoo4.512.1 mi
- Detroit Institute of Arts4.87.5 mi
- Henry Ford Museum of American Innovation4.82.2 mi
- Detroit Institute of Arts4.87.5 mi
- Greenfield Village4.82 mi
- Michigan Central4.86 mi
- Motown Museum4.76.7 mi
- Campus Martius Park4.77.6 mi
- Detroit Riverwalk4.88.4 mi
- Heritage Park4.76.9 mi
- Ford Field Park4.62.8 mi
- Riverside Park4.55.7 mi
- Motor City Marina4.55.7 mi
- Wyandotte Boat Club4.67.7 mi
- Boaters Value Store4.75.8 mi
- Ecorse Boat Ramp3.85.2 mi
- Seaway Boat Club4.85.9 mi
- Big Time Entertainment4.48.6 mi
- Western Golf & Country Club4.68.2 mi
- Rackham Golf Course3.811.9 mi
- Lakes of Taylor Golf Course4.38.1 mi
- Seven Lakes Golf Course Ltd4.210.3 mi
- Devonshire Mall4.39.8 mi
- Fairlane Town Center4.11.8 mi
- Windsor Crossing Premium Outlets4.210.2 mi
- Meijer410.3 mi
- Meijer4.11.9 mi
- Detroit Metropolitan Wayne County Airport4.310.4 mi
- Windsor International Airport4.212.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).