The story of this market
The typical home in ZIP 48124 sells for about $251,000, or $191 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,315 a month.
ZIP 48124 — Dearborn
The 48124 housing market is currently experiencing competitive conditions with a median sale price of $251,000. Market activity shows a year-over-year price increase of 3.3% with 97 homes sold in the most recent reporting period. The area maintains a median rent of $1,800 per month.
Median prices moved up 3.3% year over year.
Homes spend a median of 30 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 6.5% · poverty 10.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48124, Wayne County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- Little Caesars Arena4.610.2 mi
- Comerica Park4.710.4 mi
- Ford Field4.610.6 mi
- Huntington Place4.510.2 mi
- Vibe Credit Union Showplace4.318.6 mi
- Ambassador Bridge48.8 mi
- Comerica Park4.710.4 mi
- Henry Ford Museum of American Innovation4.80.7 mi
- Detroit Institute of Arts4.810.2 mi
- Greenfield Village4.80.8 mi
- Henry Ford Museum of American Innovation4.80.7 mi
- Detroit Institute of Arts4.810.2 mi
- Greenfield Village4.80.8 mi
- Michigan Central4.88.8 mi
- Motown Museum4.79.2 mi
- Campus Martius Park4.710.4 mi
- Detroit Riverwalk4.811.1 mi
- Heritage Park4.75.7 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.512.6 mi
- Ford Field Park4.60.8 mi
- Motor City Marina4.56.9 mi
- Boaters Value Store4.76.9 mi
- Ecorse Boat Ramp3.86.6 mi
- Seaway Boat Club4.87.1 mi
- Western Golf & Country Club4.67.2 mi
- Big Time Entertainment4.411.3 mi
- Lakes of Taylor Golf Course4.36.4 mi
- Rackham Golf Course3.813 mi
- Seven Lakes Golf Course Ltd4.212.4 mi
- Devonshire Mall4.312.5 mi
- Fairlane Town Center4.11.7 mi
- Windsor Crossing Premium Outlets4.212.5 mi
- Meijer412 mi
- Meijer4.12.5 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.