Fairlane Town Center, Dearborn, MI
Fairlane Town Center — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fairlane Town Center, Dearborn, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Fairlane Town Center Neighborhood Overview
Fairlane Town Center is a prominent residential and commercial district in Dearborn, Michigan, anchored by its namesake shopping mall. The neighborhood offers a convenient suburban lifestyle with direct access to major retail, dining, and entertainment options. Its location provides residents with a balanced mix of residential calm and urban amenities.
Lifestyle & Amenities
The lifestyle here is defined by convenience, with the Fairlane Town Center mall serving as a central hub for shopping and dining. Residents enjoy proximity to green spaces like the University of Michigan–Dearborn's natural areas and the Henry Ford Estate. The area also benefits from its location near major corporate offices, including Ford Motor Company's world headquarters.
Real Estate Market
The real estate market in Fairlane Town Center features a mix of single-family homes, apartments, and condominiums. According to U.S. Census data, the median home value in the area is $222,900. This presents a more accessible price point compared to many other metro Detroit suburbs.
Schools & Education
Families in the Fairlane Town Center area are served by the Dearborn Public Schools district. The neighborhood is also adjacent to the University of Michigan–Dearborn campus, providing higher education opportunities and cultural events. Specific school ratings and names should be verified through the district for the most current information.
Transportation & Connectivity
Transportation is a major strength, with immediate access to the Southfield Freeway (M-39) and I-94, offering quick commutes throughout Metro Detroit. Public transit options include SMART bus services connecting the area to surrounding communities. Detroit Metropolitan Airport is also just a short drive south, providing excellent national and international connectivity.
Why Choose Fairlane Town Center
Residents choose Fairlane Town Center for its unbeatable convenience, blending suburban living with easy access to shopping, major employers, and highways. The area offers solid value in the housing market alongside a diverse community atmosphere. It's an ideal location for those seeking an accessible, amenity-rich lifestyle in the Dearborn area.
Fairlane Town Center Market Data
| Metric | Value |
|---|---|
| Median Home Price | $223K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $61K |
| Homeownership Rate | 40.4% |
| Renter-Occupied | 59.6% |
| Rental Vacancy Rate | 11.0% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 48120 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Fairlane Town Center, Dearborn
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fairlane Town Center, Dearborn, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10