The story of this market
The typical home in ZIP 48127 sells for about $257,000, or $168 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,323 a month.
ZIP 48127 — Dearborn Heights
The 48127 housing market remains stable with modest year-over-year price appreciation and balanced inventory levels. Market activity is driven by local demand for affordable single-family homes, though higher interest rates have tempered the pace of sales compared to previous years. Data for specific metrics like price cuts and sale-to-list ratios are based on recent market observations for the ZIP code.
This ZIP is well-suited for working-class families and commuters seeking affordable housing options within a reasonable distance of major Detroit-area employment hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 35 days on market with 2.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 20.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 48127, Wayne County MI
Crime trends in the Dearborn Heights area are generally consistent with regional averages for Wayne County, though specific neighborhood variations exist.
Schools serving the 48127 area are primarily part of the Dearborn Heights and Crestwood school districts, which maintain moderate performance ratings.
The area is subject to standard Midwestern climate risks, including potential for heavy rainfall and localized flooding, with insurance premiums reflecting regional weather patterns.
Economic momentum is driven by proximity to the Detroit automotive corridor and local retail hubs, with steady but modest residential development activity.
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.
Residents typically face a 25-35 minute commute to downtown Detroit or major employment centers in Dearborn and Livonia via I-94 and local arterial roads.
The area features several local parks and community centers, with proximity to larger regional greenbelts and shopping districts along Joy Road and Ford Road.
The rental market is characterized by steady demand from long-term residents and commuters, with moderate vacancy pressure and limited short-term rental saturation.
The local economy is heavily influenced by the automotive manufacturing sector and associated supply chain industries in the greater Detroit metro area.
The area is served by a network of major highways including I-94 and I-96, with limited public transit options primarily consisting of bus routes.
Development is largely infill-focused, with limited large-scale projects currently approved or under construction within the ZIP boundaries.
The Wayne County assessment regime follows state-mandated property tax caps, with assessments updated annually based on market sales data.
Parcels are subject to local school district taxes, Wayne County community college levies, and municipal utility assessments.
Property insurance premiums are influenced by regional weather patterns and the age of the housing stock, with standard coverage available.
Data retrieved from Census Reporter and Data Commons for ZCTA 48127.
- Little Caesars Arena4.611.6 mi
- Comerica Park4.711.9 mi
- Ford Field4.612.1 mi
- Huntington Place4.512 mi
- Vibe Credit Union Showplace4.315 mi
- Ambassador Bridge411 mi
- Comerica Park4.711.9 mi
- Henry Ford Museum of American Innovation4.83.8 mi
- Detroit Zoo4.511.4 mi
- Detroit Institute of Arts4.811.2 mi
- Henry Ford Museum of American Innovation4.83.8 mi
- Detroit Institute of Arts4.811.2 mi
- Greenfield Village4.83.8 mi
- Michigan Central4.810.5 mi
- Motown Museum4.710 mi
- Campus Martius Park4.712.1 mi
- Detroit Riverwalk4.812.8 mi
- Heritage Park4.79 mi
- Heritage Park4.710.5 mi
- Ford Field Park4.63 mi
- Western Golf & Country Club4.63.5 mi
- Farmington Hills Golf Club4.211.8 mi
- Rackham Golf Course3.810.9 mi
- Lakes of Taylor Golf Course4.39.3 mi
- Oasis Golf Center48.5 mi
- Fairlane Town Center4.13.6 mi
- Meijer410.8 mi
- Meijer4.16.1 mi
- Meijer4.210.1 mi
- Meijer3.910.7 mi
- Detroit Metropolitan Wayne County Airport4.39.8 mi
- Windsor International Airport4.217.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Major retail corridor along Ford Road featuring various dining and shopping options.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).