Shaefer-Greenfield, Dearborn, MI
Shaefer-Greenfield — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Shaefer-Greenfield, Dearborn, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Shaefer-Greenfield Neighborhood Overview
Shaefer-Greenfield is a residential neighborhood located in Dearborn, Michigan, within the 48120 ZIP code. The area offers a classic suburban atmosphere with convenient access to the broader amenities of the city. Its central location provides residents with a balanced lifestyle between quiet streets and urban convenience.
Lifestyle & Amenities
Residents enjoy a neighborhood-oriented lifestyle with local parks and shopping plazas within easy reach. The area is served by various retail and dining options along major corridors like Schaefer Road and Ford Road. This provides everyday convenience without requiring long commutes for essentials.
Real Estate Market
The real estate market in Shaefer-Greenfield features a median home value of $222,900, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market activity shows a price per square foot of approximately $198.31/sqft, according to Redfin market data, indicating a stable and active housing sector.
Schools & Education
The neighborhood is served by the Dearborn Public Schools district, which operates several elementary, middle, and high schools in the city. Families have access to public education options, and the district's performance is a consideration for many homebuyers. Specific school assignments and ratings can vary within the neighborhood.
Transportation & Connectivity
Shaefer-Greenfield is well-connected by major roads, including the Southfield Freeway (M-39) and Ford Road, facilitating easy travel by car throughout Metro Detroit. Public transportation options are available through the SMART bus system, serving commuters and those traveling to nearby commercial centers. The neighborhood's layout is primarily designed for automotive travel.
Why Choose Shaefer-Greenfield
Homebuyers are drawn to Shaefer-Greenfield for its affordable median home prices and a median household income of $61,373, according to U.S. Census Bureau ACS 5-Year Estimates (2022), which suggests a good balance for the area. The neighborhood offers a practical, established community with straightforward access to Dearborn's employment, retail, and cultural attractions, making it a solid choice for many.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Shaefer-Greenfield 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 Shaefer-Greenfield, Dearborn
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Shaefer-Greenfield, Dearborn, MI. Explore the available cited neighborhood data on this page.
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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