Market Overview
Home Prices in Dearborn Heights, MI
The median home value in Dearborn Heights, MI is $221,126 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dearborn Heights are priced46% below average. Dearborn Heights is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Dearborn Heights home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Dearborn Heights Home Price Trend
City Comparison
Dearborn Heights vs. National Median
At $221,126, homes in Dearborn Heights cost 46% below the national median of $410,000. This makes Dearborn Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dearborn Heights?
20% Down Payment
$44,225
on $221,126
Monthly P&I
$1,153/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,464/mo
incl. taxes & insurance
Income Needed
$58,560
gross annual (30% rule)
10% Down Option
$22,113
+ PMI applies
Loan Amount (20% dn)
$176,901
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dearborn Heights, MI?
The median home value in Dearborn Heights is $221,126 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Dearborn Heights?
Over the past year, home values in Dearborn Heights have increased by 4.1%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Dearborn Heights?
To comfortably afford the median home price of $221,126 with a 20% down payment ($44,225) at today's rates (6.8%), you'd need a gross annual income of approximately $58,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Dearborn Heights compare to the national average home price?
The national median home value is approximately $410,000. At $221,126, homes in Dearborn Heights are 46% below the national average.
What metro area is Dearborn Heights part of?
Dearborn Heights is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.