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Few ZIP codes pack two worlds into one boundary the way 48120 does. This is the industrial spine of Dearborn, the Ford Rouge manufacturing complex and the adjacent Cleveland-Cliffs Dearborn Works steel mill anchor the local economy, surrounded by the suppliers and logistics that feed them. Walk a few blocks one direction and you reach the dense, largely Yemeni-American South End and Salina neighborhoods; head the other way and you hit Springwells Park, a leafy historic district built for Ford executives. Roughly 8,300 people live inside the ZIP (unitedstateszipcodes.org), within a city of nearly 110,000. Ford World Headquarters, the “Glass House”, Carhartt’s corporate office, Henry Ford Health, and The Henry Ford Museum all sit nearby, giving this corner of Wayne County a paycheck base that keeps housing demand steady year-round.

Birthplace of the American auto industry, Dearborn wraps around Ford Motor Company’s global headquarters and its new Glass House campus, occupied since 2025. Roughly 107,400 residents live between the Rouge complex and the Michigan Avenue corridor in East Dearborn, the nation’s best-known hub of Lebanese, Yemeni, and other Middle Eastern businesses and home to the Arab American National Museum. Payrolls here lean on Ford, Corewell Health Beaumont Hospital, Carhartt’s headquarters, the University of Michigan-Dearborn, and Henry Ford College, plus tourism magnets like Greenfield Village and the Henry Ford Museum. One important note for buyers: ZIP 48121 is a USPS P.O. box ZIP, so the housing, tax, and school figures below reflect the broader City of Dearborn (residential ZIPs 48120, 48124, 48126, 48128) rather than one neighborhood.

Few Michigan cities wear their identity as plainly as Dearborn, where the Ford World Headquarters “Glass House” looms over Michigan Avenue and the Dearborn Truck Plant still rolls out F-150s. That Ford anchor, joined by the University of Michigan-Dearborn, Henry Ford College, and Corewell Health/Beaumont Hospital, gives this city of roughly 107,800 residents an unusually steady mix of corporate, engineering, and manufacturing paychecks. It is also the recognized heart of Arab American culture in the U.S. a distinction reflected in the Arab American National Museum and the dense, walkable east side. Weekend life orbits The Henry Ford and Greenfield Village, the largest indoor-outdoor museum complex in the country. One quirk worth knowing: 48123 is a PO Box-only ZIP, so the figures below describe the city of Dearborn as a whole.

West Dearborn, the heart of ZIP 48124, is where Ford Motor Company quite literally built a city, its World Headquarters, Research & Engineering Center, and the Rouge-complex Dearborn Truck Plant all sit within the city limits, with a brand-new Ford World Headquarters dedicated in November 2025. Roughly 30,000–35,000 of Dearborn’s ~104,700 residents live in this western, more upscale half (World Population Review). Beyond Ford, paychecks here come from Corewell Health / Beaumont Dearborn, Carhartt’s headquarters, Henry Ford College, and the University of Michigan-Dearborn. The neighborhood wraps around The Henry Ford museum and Greenfield Village, and the walkable West Downtown district along Michigan Avenue gives 48124 a Main-Street feel rare for metro Detroit (Wikipedia). For buyers, that mix of stable employers and established housing stock keeps demand steady.

East Dearborn’s 48126 ZIP wraps around the Warren Avenue and Dix corridors, the commercial and cultural core of the largest Arab-American community in the United States. This is dense, walkable, lived-in territory: brick bungalow blocks, two-family flats, halal markets and restaurants steps from the Arab American National Museum. It sits in Ford Motor Company’s hometown, the World Headquarters at One American Road and the Rouge complex anchor jobs for tens of thousands. With roughly 104,725 residents citywide and just about 7 miles to downtown Detroit, 48126 pairs immigrant small-business energy with auto-industry payrolls. Median household income here (~$42,140) runs below the citywide figure, which makes financing strategy, not just rate-shopping, the difference between renting and owning on these streets.

Tucked into Dearborn’s western, institution-heavy corner, ZIP 48128 is where the city goes to school and to work. The University of Michigan-Dearborn and Henry Ford College both sit inside this ZIP, with Henry Ford’s historic Fair Lane estate on the UM-Dearborn grounds and The Henry Ford museum complex drawing more than 1.7 million visitors a year just to the east. Ford Motor Company, anchored by its new World Headquarters and the Dearborn Truck Plant at the Rouge, remains the economic backbone for the whole city of roughly 107,400 residents, per World Population Review. That blend of steady institutional employers, walkable older neighborhoods, and the third-largest school district in Michigan keeps buyer demand here durable rather than speculative. For financing in 48128, Align Lending works the local market street by street.

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The median sale price in 48120 was about $320,000 over the three months ending May 2026, up roughly 4.9% year over year (Redfin). Read that number carefully: this is a bimodal market. Modest South End and Salina bungalows frequently trade from the $130,000s to $200,000s, while Springwells Park homes climb past $350,000 and beyond $600,000, which is why the median *list* price has run near $475,000 even as the median sale lands at $320K. Homes move fast, averaging about 10 days on market (up from 8 a year earlier). Demand is driven by proximity to Ford Rouge and Cleveland-Cliffs jobs and the short hop to Detroit.

Dearborn’s average home value sits near $240,000 (Zillow ZHVI), while Redfin pegs the early-2026 median sale price closer to $279,000. Year-over-year appreciation ran about +6.4% on Zillow’s index, with Redfin reporting a steeper roughly +12% jump on median sale price in January 2026 before listing prices softened mid-year. Demand outpaces supply: well-priced homes go pending in around 11 days and close in roughly a month. Tight inventory in sought-after family pockets like Snow Woods, steady Ford and hospital employment, and a short hop to downtown Detroit keep competition brisk across the city’s brick colonials and post-1950 bungalows.

Dearborn’s average home value sits near $240,000 per Zillow, up about 6.4% year over year, while Redfin pegs the median sale price closer to $280K in early 2026, a spread that reflects differing methodologies and some mid-2026 softening on the listing side. Homes move at a moderately competitive clip, typically going under contract in roughly 21 days and selling near or about 1% below list. Demand is driven less by speculation than by fundamentals: short Detroit commutes, the gravitational pull of Ford employment, and well-regarded schools that keep families rooted in place across price tiers.

The median sale price in 48124 sits near $255,000 as of mid-2026, up about 2% year over year, with price per square foot around $185, itself up roughly 6.6% YoY (Redfin). This is a fast market: homes go to sale in about 10 days on average, versus 8 days a year earlier, and well-priced listings routinely draw multiple offers (Zillow). Demand is driven by Ford and Corewell Health proximity, mature tree-lined streets, and Dearborn Public Schools’ reputation. Inventory is tight, so pre-approval before you tour is less a nicety than a requirement to compete.

Homes in 48126 typically trade between $258,000 and $275,000 as of mid-2026, RealtyTrac pegs the median sale near $258,872, Movoto’s listed median sits closer to $275K, and Zillow’s citywide average is around $240,152. Year-over-year signals are mixed: Zillow shows roughly +6.4% citywide while Movoto’s listing prices are off about 8%, so the honest read is flat-to-modestly-up. Pace has cooled, homes now take about 21 to 33 days to sell, up from ~17 a year ago, though well-priced, move-in-ready bungalows still go pending in roughly two weeks. Demand is driven by Ford-area employment, dense walkable blocks, and proximity to Detroit.

The median sale price in 48128 has been hovering near $300,000, Redfin reported a $312K median in late 2025, while Zillow-derived methods land closer to $262K–$298K. Either way, values climbed roughly 7.0%–7.6% year over year heading into 2026. Homes averaged about 19 days on market in late 2025, slower than the frenetic ~12 days a year earlier but still brisk by national standards. Demand is driven less by flippers and more by people tied to Ford, UM-Dearborn, Henry Ford College, and Corewell Health/Beaumont Hospital who want a short commute and brick-built stock. Well-priced, move-in-ready listings still move within two weeks.

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Dearborn Real Estate & Mortgage Overview

Affording the ~$320,000 median home in 48120 takes roughly $95,000–$110,000 in household income, assuming 10–20% down, a ~7% 30-year rate, Dearborn’s taxes and insurance, and a ~28% front-end budget (Align estimate). Target a lower-priced South End or Salina home ($130K–$200K) and $45,000–$60,000 can be enough. Budget for property taxes: Dearborn’s effective rate runs about 1.44% of market value (Ownwell), above Michigan’s ~1.05% median, levied on taxable value times the local millage. First-time buyers should ask us about MSHDA down-payment assistance. Most 48120 purchases sit well under the conforming loan limit, so conventional and FHA financing fit cleanly, jumbo financing only enters the picture at the top of Springwells Park.

Plan on about $80,000-$95,000 in household income to comfortably carry a roughly $280,000 Dearborn home, depending on your down payment and rate. That’s above the city’s $65,324 median household income, so down-payment assistance matters here. Dearborn’s median effective property tax rate is about 1.44% (median bill near $3,080), notably higher than Michigan’s ~1.05% statewide median because Wayne County carries some of the steepest millage in the state, so budget for taxes early. MSHDA programs can pair down-payment help with conventional or FHA financing for qualifying first-time buyers. At these price points nearly every Dearborn purchase falls within conforming and FHA loan limits, so jumbo financing is rarely a factor; the bigger levers are taxes and PMI.

To comfortably carry the ~$240K median home, plan on a household income around $70,000-$80,000, roughly $1,650-$1,850/month in principal, interest, taxes, and insurance at today’s rates. That matters here because Dearborn’s median household income is about $65,324, so first-time buyers often target Springwells bungalows ($155K-$225K) where FHA financing and MSHDA down-payment assistance stretch budgets further. Budget carefully for taxes: Dearborn’s effective rate runs near 1.44%, above Michigan’s ~1.05% median, and homestead properties pay less than non-homestead. Conforming loans cover the vast majority of this market, but executive estates in Cherry Hill or River Oaks can push into jumbo territory above $1 million.

To comfortably carry the ~$255,000 median home, plan on roughly $80,000–$90,000 in annual income, assuming about 10% down, rates near 6.5–7%, and total payment (including Dearborn’s taxes) held around 28–30% of gross. Speaking of taxes: Dearborn’s effective rate is about 1.44% of market value, above Michigan’s ~1.05% median, though the state bills off a capped “taxable value” near half of assessed, and the Principal Residence Exemption lowers owner-occupant bills, budget roughly $3,000–$4,000/year (Ownwell). With citywide median income near $65,300, MSHDA down-payment assistance and first-time-buyer programs are worth exploring. At this price point you stay well inside conforming limits, so jumbo financing rarely applies, FHA and Conventional do the heavy lifting.

To comfortably carry the ~$265,000 median home, plan on a household income near $75,000–$85,000 (assuming 5–20% down, ~7% rate, and a 28% front-end ratio). Because 48126’s median income sits closer to $42,140, that gap is exactly where MSHDA’s MI Home Loan earns its keep, up to $10,000 in down-payment assistance (zero-interest, deferred), or up to $25,000 through the First-Generation program, typically requiring a 640+ score and a homebuyer education course. Property taxes here are comparatively gentle: an effective rate near 1.40% and a median annual bill around $2,773, below Wayne County’s ~1.73% average. At this price point, financing is firmly conforming, jumbo loans rarely enter the picture, so FHA and conventional dominate.

To comfortably carry the ~$300,000 median, plan on roughly $85,000–$95,000 in household income, assuming 10–20% down, a rate near 6.7%, and keeping the housing payment around 28% of gross. That figure folds in Dearborn taxes (a representative 48128 bill runs near $3,788/year at a ~1.44% effective rate) and insurance; confirm current millage with City of Dearborn Assessing before you write an offer. First-time buyers should look hard at MSHDA down-payment assistance, which pairs well with this price point. Because the median sits well under the 2026 conforming limit, most 48128 buyers finance with conventional or FHA loans, jumbo rarely comes into play except on the largest Snow Woods and Golfview homes.

What it's Like to Live in Dearborn

Springwells Park (~$350,000–$650,000+), Dearborn’s first National Historic District, originally designed for Ford executives. Tudors, brick ranches, bungalows and American Foursquares under mature trees; this is the high end of the ZIP.

Salina (~$120,000–$200,000), A dense, predominantly Arab-American (Yemeni) South End community served by Salina Elementary and Salina Intermediate; modest single-family homes within blocks of the Ford plant.

South End / South Dearborn (~$130,000–$220,000), Working-class bungalows, halal grocers and small restaurants wedged against the Rouge industrial complex, with an organized community voice in “Concerned Residents for South Dearborn.”

North end near Greenfield Village / Ford Rd (~$220,000–$350,000), Mid-century single-family homes closer to The Henry Ford campus and Dearborn’s commercial corridor.

Nearly all of 48120 is served by Dearborn Public Schools (South End/Salina students typically attend Salina schools and Edsel Ford High). Downtown Detroit is about a 15–20 minute drive (7–8 miles) via Michigan Ave/US-12 or I-94.

Snow Woods ($275,000-$420,000): Tree-lined mid-century and brick colonials in the Dearborn High zone near Ford Woods Park, one of the most in-demand family pockets.
West Dearborn ($250,000-$450,000+): The historic, higher-end side near the West Village shops and the University of Michigan-Dearborn.
Ford Woods (~$185,000-$250,000): Established streets ringing Ford Woods Park, with recent listings near a $188,000 median.
East Dearborn ($150,000-$280,000): Densely built streets along the Michigan Avenue/Schaefer Arab American business corridor, with attainable entry-level housing.
Springwells / Aviation Subdivision ($150,000-$240,000): Modest single-family homes on the south side near the Rouge complex and the Detroit border.

Most addresses feed into Dearborn Public Schools (Dearborn High, Edsel Ford, Fordson), while some western edges fall in the Crestwood School District. Downtown Detroit is about 7 miles away, roughly 13-20 minutes by car or a ~19-minute DDOT/SMART bus ride along Michigan Avenue.

Cherry Hill Estates ($550,000-$1,100,000+): Dearborn’s most prestigious address, executive homes on large West Dearborn lots with quiet streets and long-term stability.
The Village / West Dearborn ($280,000-$700,000+): Walkable historic district around Michigan Avenue, Mason, and Military west of Outer Drive.
Springwells ($155,000-$225,000): Brick bungalows and solid starter homes well suited to first-time and FHA buyers.
Dearwood ($450,000-$800,000+): Northeast Dearborn custom two-stories from ~3,800 sq ft on half-acre wooded lots.
River Oaks Estate ($500,000-$900,000+): Luxury custom estates over 3,500 sq ft in newer NE subdivisions.
East Dearborn ($160,000-$300,000): Denser post-1950 grid, the heart of the Arab American community, with more affordable bungalows and two-stories.

Most of the city is served by Dearborn Public Schools (Fordson, Dearborn, and Edsel Ford high schools), with a small western sliver in the Crestwood School District. Downtown Detroit is only about 7 miles out, roughly a 13-minute drive, a 19-minute bus along Michigan Avenue, or an Amtrak Wolverine hop from the John Dingell Transit Center.

48124 is a patchwork of established West Dearborn pockets, each with its own price band:

Snow Woods (~$190K–$325K), mid-century homes under mature oaks, a community pool, and parks; one of Dearborn’s safest, most sought-after areas, close to Beaumont/Corewell and Ford.
Fort Dearborn / Fort Dearborn Manor (~$220K–$350K), brick colonials and ranches prized for stability and schools.
West Downtown Dearborn (~$180K–$320K), walkable Michigan Avenue corridor with shops, restaurants, condos, and rail access near Ford HQ.
Crowley Park (~$170K–$280K), quiet post-war homes popular with families and first-time buyers.
Morley / Outer Drive area (~$175K–$300K), classic brick homes near Dearborn High School.

All of 48124 is served by Dearborn Public Schools, including Dearborn High School (19501 W Outer Dr) with its ~97% graduation rate. Downtown Detroit is just 7–9 miles, about 13–20 minutes by car via Michigan Avenue or I-94/I-75, with SMART/DDOT bus and West Dearborn Amtrak service on the corridor.

Aviation Subdivision ($180,000–$350,000): Historic blocks straddling the Dearborn/Detroit line near Joy, Schaefer and Warren, tudors, colonials, bungalows and ranches from 1,000 to 4,000 sq ft.
East Dearborn / Warren Avenue corridor ($150,000–$250,000): Dense brick bungalows around the Arab-American business district, walkable to shops and restaurants.
Springwells ($140,000–$230,000): Established east-side area of bungalows and two-family flats.
Oakman / Chase Road ($150,000–$240,000): Classic 1920s–1940s bungalows near Oakman Elementary and Fordson High.
Salina / Southend ($90,000–$180,000): Modest, historically immigrant working-class housing near the Ford Rouge complex, the area’s most affordable entry point.

All of 48126 is served by Dearborn Public Schools, Michigan’s third-largest district (~20,000 students), with Fordson High School plus Oakman, William Ford, Maples, McDonald, Miller and Woodworth elementaries. Commute to downtown Detroit runs about 7 miles, roughly 13–25 minutes by car via I-94/Michigan Ave, or ~19 minutes by SMART/DDOT bus.

Crowley Park ($230,000–$330,000): Established west-side enclave of brick bungalows and colonials, one of the most-listed pockets on this side of town.
Snow Woods ($275,000–$420,000): Tree-lined mid-century colonials near Corewell Health/Beaumont Hospital; rising roughly 9% YoY (straddles the 48124/48128 line).
Aviation Subdivision ($220,000–$320,000): Densely built, sidewalk-lined pocket of starter-to-move-up homes.
Greenbriar / Fairlane area ($250,000–$380,000): Quiet streets right by UM-Dearborn and Henry Ford College, convenient to the Fairlane corridor.
Golfview ($240,000–$350,000): Mid-century homes near Dearborn Country Club and the Rouge River greenbelt.

All of 48128 is served by Dearborn Public Schools, Michigan’s third-largest district (~20,000 students), with Edsel Ford and Dearborn High plus the Henry Ford Early College at 5101 Evergreen. Downtown Detroit is about 10–14 miles away, roughly 20–30 minutes via I-94 or Michigan Avenue, with Amtrak rail service as a bonus.

The Process

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Dearborn Mortgage FAQ's

What is the typical home price in Dearborn's 48120 ZIP code in 2026?

The median sale price in 48120 was about $320,000 over the three months ending May 2026 (up ~4.9% year over year, per Redfin). It’s a split market, though: modest South End and Salina homes often sell from the $130,000s–$200,000s, while the historic Springwells Park district pushes well above $350,000–$650,000, which is why listing prices in the ZIP can look much higher than the median sale.

How fast do homes sell in 48120?

Quickly, homes in 48120 averaged about 10 days on market in May 2026 (versus 8 days a year earlier, per Redfin). Well-priced homes near the Ford Rouge employment hub draw strong demand, so buyers should be pre-approved and ready to move fast.

What are property taxes like in Dearborn 48120?

Dearborn’s median effective property tax rate is about 1.44% of market value, higher than Michigan’s ~1.05% median. Michigan taxes are calculated on a home’s taxable value (capped near 50% of market value) times the local millage, and the exact rate varies by school levy and subdivision within the city. Budget for it on top of your mortgage payment.

How much income do I need to buy a median-priced home in 48120?

Roughly $95,000–$110,000 a year to comfortably afford the ~$320,000 median home, assuming about 10–20% down, a ~7% 30-year rate, plus Dearborn’s ~1.44% taxes and insurance within a ~28% front-end budget. If you target lower-priced South End or Salina homes ($130K–$200K), about $45,000–$60,000 in household income can be enough.

What neighborhoods are in 48120 and how do they differ?

48120 covers Springwells Park (an affluent, tree-lined National Historic District originally built for Ford executives), plus the Salina and South End/South Dearborn neighborhoods, a dense, largely Arab-American (Yemeni) community of bungalows, halal grocers and small businesses next to the Ford Rouge plant. That mix is why prices range from the low $100,000s to over $600,000 within the same ZIP.

Is 48120 a good spot for first-time buyers or investors?

It can be. The lower-priced South End and Salina homes offer entry points well under the city median, steady rental demand from Ford Rouge and Cleveland-Cliffs workers, and a ~15–20 minute commute to downtown Detroit. First-time buyers may also qualify for MSHDA (Michigan State Housing Development Authority) down-payment assistance. The trade-off is proximity to heavy industry, so factor in location and condition when comparing the affordable end against the higher-priced Springwells Park homes.

What is the typical home price in Dearborn, MI (ZIP 48121)?

Citywide, the average Dearborn home value is about $240,000 (Zillow), with the median sale price running closer to $279,000 in early 2026 (Redfin). Note that 48121 is a P.O. box ZIP, so pricing reflects the broader City of Dearborn rather than a single residential pocket.

How fast are homes selling in Dearborn?

Quickly. Well-priced homes often go to pending in around 11 days, and the typical home closes in roughly a month. Limited inventory in family neighborhoods like Snow Woods keeps competition high.

Serving Dearborn, MI and Surrounding Areas

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Michigan Counties We Serve: Genesee, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, Saint Clair, Washtenaw, Wayne

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