Dearborn, MI Real Estate

According to census data in the year 2000 there were 38,981 housing units in Dearborn. This represents a 5.6% growth from 36,929 in 1990.

Of those housing units, 38,981 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Dearborn is about 73.5%. Dearborn's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Dearborn were built after 1950.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom11.70%
Two Bedrooms27%
Three Bedrooms46.20%
Four Bedrooms11.40%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1949
Median Value of occupied units$129,300
Median Price asked for vacant units$133,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1953
Median Monthly Rent asked for vacant units$618

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage3.50%
Home Equity Loan8.80%
Simple Mortgage49.50%
Debt Free38%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%