Dearborn Real Estate
5 neighborhoods and communities
Active listings 126
Sold (past 12mo) 909
HFG +19.6%ⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
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Frequently Asked Questions about Dearborn
Are there homes available in Dearborn right now?
Dearborn currently has 126 homes listed for sale. The median asking price is $270,000.
How much do homes cost in Dearborn?
The median sale price in Dearborn is $270,000, based on 909 closed sales over the past 12 months.
How long do homes stay on the market in Dearborn?
Homes in Dearborn sell in an average of 47 days, based on 909 sales over the past 12 months.
What neighborhoods are in Dearborn?
Dearborn has 5 distinct neighborhoods and condo communities. Of these, 5 are condo communities.
What schools are in Dearborn?
Multiple school districts may serve Dearborn. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Dearborn?
Dearborn is currently a seller's market, with 1.7 months of supply. That ratio comes from 126 active listings relative to 909 sales per year.
What are property taxes like in Dearborn?
Property taxes in Dearborn are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Dearborn?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Dearborn is +19.6%. Shrinking household sizes (from 2.93 to 2.97 persons per household) have increased the number of households needing housing by 5,963 since 2009 — independent of the 21.3% population growth. This is a secondary demographic indicator, not a primary market measure.
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