Median home value in zip code 48120 (Dearborn, MI) is $249,632, up 7.3% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$249,632

YoY Change

+7.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 48120 (Dearborn).

Income (annual)

Down Payment

$49,926 on $249,632

Example: $75,000 household income. Change it above to see your own.

Stretch28.3% of income

Above 28% but manageable with cuts.

PITI$1,766

P/I28.3%

Afford$247K

Gap-$2K

P&I $1,262Tax $370Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48120 is part of the Detroit-Warren-Dearborn, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Detroit-Warren-Dearborn, MI analysis

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