New - 1 day on Rocket
$1,657 Closing Credit¹
#81025007855, Jennifer Gross, Listing Office: Key Realty One
Dearborn Heights Housing Market Report February 2025•Wayne County, Michigan
Housing Prices in Dearborn Heights, MI
How much do homes in Dearborn Heights, MI cost?
Housing Market Conditions
Is Dearborn Heights, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Dearborn Heights is a Seller's Market
Difference Since February 2024
Since last year, Dearborn Heights has remained a Seller's Market.
Insight
Dearborn Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$215,190$143/SqFt
+$25,740
+13.6%
Based on all homes sold in the last 12 months
Insight
Homes in Dearborn Heights have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Dearborn Heights was $215,190 in February 2025, up 13.6% from last year, and the median price per square foot was $143.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Dearborn Heights | $189.4K | $215.1K | +13.6% |
| Inkster | $100.5K | $114K | +13.4% |
| Redford | $160K | $175K | +9.4% |
| Dearborn | $245K | $265K | +8.2% |
| Allen Park | $207.3K | $215K | +3.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $67K | $92.5K | +38.1% |
| 22 Bedrooms | $125K | $145K | +16.0% |
| 33 Bedrooms | $192.4K | $221K | +14.8% |
| 44 Bedrooms | $305K | $350K | +14.8% |
| 55+ Bedrooms | $220K | $402K | +82.7% |
Summary: Dearborn Heights housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +38.1%. The home price for 2 bedroom homes increased by +16.0%. The home price for 3 bedroom homes increased by +14.8%. The home price for 4 bedroom homes increased by +14.8%. The home price for 5 bedroom homes increased by +82.7%.
Housing supply in Dearborn Heights, MI
How many homes are available in Dearborn Heights, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 138Last MonthFeb 2025 | ||
| 1502 months agoJan 2025 | -8.0 % Change MoMJan – Feb |
Summary: The Dearborn Heights real estate market had 138 homes for sale in Feb 2025, a 8.0 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthFeb 2025 | ||
| 562 months agoJan 2025 | -26.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 16 | 17 | +6.3% |
| 33 Bedrooms | 115 | 99 | -13.9% |
| 44 Bedrooms | 15 | 18 | +20.0% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Dearborn Heights housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.3%. The inventory for 3 bedroom homes decreased by -13.9%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Dearborn Heights, MI cost?
Over Asking Price16 Homes
At Asking Price6 Homes
Under Asking Price19 Homes
Insight
If you're buying a home in Dearborn Heights, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Dearborn Heights in February 2025, down by 26.8% month-over-month. Of the 41 sold homes, 46% were sold under asking, 15% were sold at asking, and and 39% were sold over asking.
Days on Market for Dearborn Heights, MI
How long does it take to sell a home in Dearborn Heights, MI?
Breakdown of Home Sale Times
Under 30 Days34 Homes
30 – 90 Days7 Homes
Over 90 Days0 Home
Insight
Many homes in Dearborn Heights are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 41 homes were sold in Dearborn Heights; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 15 DaysThis YearFeb 2025 | ||
| 37 Days1 year agoFeb 2024 | -58.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Dearborn Heights had an average listing age of 15 days in Feb 2025, down by 58.5% compared to the previous year.
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Newest Listings in Dearborn Heights, MI
What homes are available in Dearborn Heights, MI?
New - 1 day on Rocket
$2,018 Closing Credit¹
#20250013708, Ronnie Ahmad, Michael Kashou, Listing Office: Keller Williams Legacy
New - 2 days on Rocket
$1,633 Closing Credit¹
#20250013499, Ashley Najarian, Listing Office: RE/MAX Dream Properties
New - 3 days on Rocket
$6,234 Closing Credit¹
#20250012680, Kelly Gardner, Listing Office: Century 21 Curran & Oberski
New - 4 days on Rocket
$5,343 Closing Credit¹
#20250013353, Ali I Khalil, Listing Office: RE/MAX Team 2000
New - 4 days on Rocket
$2,957 Closing Credit¹
#20250013333, Nader Akkary, Listing Office: National Realty Centers, Inc
New - 5 days on Rocket
$1,602 Closing Credit¹
#20250013205, Hiba Haidar, Eli Hachem, Listing Office: Prime Realty I
New - 5 days on Rocket
$2,493 Closing Credit¹
#20250013057, Frank Alsaghir, Listing Office: RE/MAX Team 2000
New - 6 days on Rocket
$3,084 Closing Credit¹
#20250012223, Chad Jishi, Listing Office: KW Professionals
New - 6 days on Rocket
$3,739 Closing Credit¹
#20250012959, Nader Rammal, Listing Office: RE/MAX Leading Edge
New - 6 days on Rocket
$1,603 Closing Credit¹
#20250012949, Amani El Merhi, Listing Office: Real Estate One-Dbn Hts/Dbn
New - 6 days on Rocket
$2,374 Closing Credit¹
#20250012731, Lynn Stephens, Listing Office: EXP Realty
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 11:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.