Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$336,693
Since
Range: $281,349-$404,335
Evaluated June 25, 2025
1 Year
5 Years
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Property Facts
505 N Martha St, Dearborn, MI is a single family home that contains 1,469 Sq. Ft. and was built in 1940. It contains 3 bedrooms and 1 bathroom.
-
County:WAYNE
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Year Built:1940
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Living Area:1,469 Sq. Ft.
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Lot Size:5,663 Sq. Ft.
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Zone:RA
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Parcel:82 09 163 29 024
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Bedrooms:3
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Bathrooms:1
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Owner:REIMER, MAX E
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$3,463 (-7.65%)
$124,800 (+20.7%)
2023
$3,750 (0%)
$103,400 (+7.48%)
2022
$3,750 (0%)
$96,200 (+7.49%)
2021
$3,750 (0%)
$89,500 (+5.54%)
2020
$3,750 (+3.96%)
$84,800 (+8.58%)
2019
$3,607 (0%)
$78,100 (+7.13%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
505 N Martha St
Dearborn, MI 48128
This Property
-
3 Bed
1 Bath
1,469 Sq. Ft.
1940 Year Built
1
530 N LAFAYETTE Street
Dearborn, MI 48128
$340,000
3 Bed
2 Bath
1,293 Sq. Ft.
1951 Year Built
2
23155 MURRAY Street
Dearborn, MI 48128
$305,000
3 Bed
2 Bath
1,394 Sq. Ft.
1940 Year Built
3
652 S Military Street
Dearborn, MI 48124
$340,000
3 Bed
3 Bath
1,266 Sq. Ft.
1988 Year Built
4
510 N Elizabeth Street
Dearborn, MI 48128
$293,000
3 Bed
2 Bath
1,354 Sq. Ft.
1942 Year Built
5
916 N Rosevere Avenue
Dearborn, MI 48128
$325,000
3 Bed
2 Bath
1,334 Sq. Ft.
1942 Year Built
6
22700 Garrison Unit 803
Dearborn, MI 48124
$140,000
2 Bed
2 Bath
1,113 Sq. Ft.
1963 Year Built
7
444 N ELIZABETH Street
Dearborn, MI 48128
$444,000
3 Bed
2 Bath
1,871 Sq. Ft.
1941 Year Built
8
426 N Elizabeth Street
Dearborn, MI 48128
$295,200
3 Bed
1 Bath
1,232 Sq. Ft.
1942 Year Built
9
23815 Rockford Street
Dearborn, MI 48124
$385,000
3 Bed
1 Bath
1,710 Sq. Ft.
1941 Year Built
10
22635 ALEXANDRINE Street
Dearborn, MI 48124
$590,000
3 Bed
2 Bath
1,859 Sq. Ft.
1940 Year Built
Sales in a non-disclosure state
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Market Trends
Dearborn
48128
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$260,500
May 2025
$269,450
Change
+3.4%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
43 Days
May 2025
45 Days
Change
+4.7%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (48128)
City (Dearborn)
Population
10,701
107,985
Population Density
4,526.7
4,455.9
People Per Household
2.9
3.1
Median Age
36.5
32.1
Median Household Income
$88,229
$60,184
Average Income
$36,350
$26,733
Economy
ZIP (48128)
City (Dearborn)
Unemployment
2.40%
1.50%
Recent Job Growth
1.22%
1.22%
Future Job Growth
45.94%
47.29%
Sales Tax
6.00%
6.00%
Income Tax
4.25%
4.25%
Cost of Living Index
108.6
103.9
Environment
ZIP (48128)
City (Dearborn)
Altitude
610
591
Rainfall (Inches Annually)
34
34.2
Snowfall (Inches Annually)
34.4
34.3
January Avg. Low Temp
18.4
18.5
July Avg. High Temp
84.1
83.9
Days of Precipitation Annually
126
126
Days Mostly Sunny Annually
180
183
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
K-5
0.4 mi
9-12
0.5 mi
6-8
0.7 mi
K-8
1.1 mi
9-12
1.1 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
