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Single Family ResidenceResidential
$395,512$255 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

24940 RICHMOND ST

DEARBORN, MI 48124
3
Beds
2 / 1
Baths
1,552 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$396K
$378K low$413K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$395,512
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$316,410

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,434 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$152,400 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$161,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$304,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWayne
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Haigh Elementary SchoolA-
Elementary · Grades PK–5 · 0.5 mi
M
Bryant Middle SchoolB+
Middle · Grades 6–8 · 0.6 mi
H
Dearborn High SchoolA
High · Grades 9–12 · 1.0 mi

District: Dearborn City School District

Neighborhood · ZIP 48124These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.63
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.34,735
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,646 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,739
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,459
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

24940 Richmond St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Wayne County
  • Costs more per square foot than 95% of homes in Wayne County
  • Smaller than 78% of homes in Dearborn Hills
  • Among the smallest lots in Dearborn Hills

What homes are worth in Dearborn 48124

Each bar is how many homes fall in that price range. The marker is this home.

This home
$116K$873K

This home is worth more than 87% of homes in Dearborn 48124.

How it measures up in Dearborn 48124

The dot is this home. The mark in the middle is the typical home in Dearborn 48124.

Estimated value$395,512
CheaperTypical $234,670Pricier

Pricier than 87% of homes nearby

Price per ft²$255
CheaperTypical $190Pricier

Pricier than 89% of homes nearby

Living area1,552 ft²
SmallerTypical 1,233 ft²Bigger

Bigger than 74% of homes nearby

Lot size0.12 ac
SmallerTypical 0.13 acBigger

Bigger than 20% of homes nearby

Year built1949
OlderTypical 1949Newer

Newer than 51% of homes nearby

How 24940 Richmond St ranks against every home in each area.
MeasureThis homeDearborn HillsDearborn 48124Wayne County
Estimated valuepricier than$395,51240% of homes87% of homes89% of homes
Price per ft²pricier than$25570% of homes89% of homes95% of homes
Living areabigger than1,552 ft²22% of homes74% of homes68% of homes
Lot sizebigger than0.12 acalmost no homes20% of homes34% of homes
Year builtnewer than194961% of homes51% of homes46% of homes

About 24940 Richmond St

How much is 24940 Richmond St, Dearborn, MI worth?

The TopHap Estimate for 24940 Richmond St, Dearborn, MI is $395,512 as of Jul 14, 2026. The likely range is $377,825 to $413,199. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 24940 Richmond St, Dearborn, MI?

24940 Richmond St, Dearborn, MI has 3 bedrooms, 2 bathrooms, 1,552 square feet of living space and a 0.12-acre lot.

When was 24940 Richmond St, Dearborn, MI built?

24940 Richmond St, Dearborn, MI was built in 1949, making it 77 years old. The building has 2 stories.

What schools serve 24940 Richmond St, Dearborn, MI?

24940 Richmond St, Dearborn, MI is assigned to Haigh Elementary School (elementary), rated A-; Bryant Middle School (middle), rated B+; Dearborn High School (high), rated A. All sit in Dearborn City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 24940 Richmond St, Dearborn, MI compare to other homes in Dearborn 48124?

Among the 13,488 homes in Dearborn 48124, it is worth more than 87% of them ($395,512 against a typical $234,670), its price per square foot is higher than 89% of them ($255 against a typical $190), it is bigger than 74% of them (1,552 ft² against a typical 1,233 ft²), its lot is bigger than 20% of them (0.12 ac against a typical 0.13 ac) and it is newer than 51% of them (1949 against a typical 1949). Measured against all of Wayne County, it is worth more than 89% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 24940 Richmond St, Dearborn, MI?

The 2023 property tax bill for 24940 Richmond St, Dearborn, MI was $4,434. The county assessed it at $152,400.

Closest homes

More homes in Dearborn 48124

Assigned schools

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