Property prices for sale in Dearborn (Michigan)

The prices in real estate in Dearborn, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$230,219.17
Average price last 6 months
$140.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Dearborn has remained the same in the last 6 months. In July, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $151. The price for the following two months in (September, October) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $142 to $138.5 during November y December

Average price

Based upon to the price in Dearborn (cities), this has gone downing the last 6 months. The price in July is $259,025, rising in August till $287,441. During the following two months (September, October) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $246,208.5 to $198,240.5, which means a 81 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $185,089 they are 64 % more affordable than the average price for Dearborn. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $197,607.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $104 / sq.feet, with an average $137 / sq.feet price in Dearborn. The properties with the highest average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $143 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $185,089 it is 26 % cheaper than the average price in Dearborn. "Duplex" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $194,201 it is 5 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $88 / sq.feet followed by "Condo" priced at $122 / sq.feet. "Townhouse" is the most costly type of property with a $414 / sq.feet cost followed by "Duplex" with an average price of $413 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Dearborn
Number of properties used in region Michigan
$185,089
$137
1,884
347,074
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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