Ann Arbor Real Estate Market

Ann Arbor Market

The median sale price for homes in Ann Arbor over the last 12 months is $187,280.


The median mortgage debt is $153,037.

Additional Statistics for Single Family Homes and Condos in Ann Arbor, MI
$326,890
Median Listing Price
41
Median Days on Market
787
Active Listings
4.1%
Distressed Listings
(foreclosures and short sales)
Ann Arbor, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Ann Arbor is $386,950. The list prices dropped by -3.23% from the previous month.

The price per square foot for listings in this area is $190.

The median sale price in November for single family homes is $285,000. The sale prices increased by 24.21% from the previous month.

The price per square foot for sales in this area is $111.

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Ann Arbor, MI Market Inventory Trends

The number of active listings in Ann Arbor increased by 20.5% from the previous month.

The median number of days active properties have been listed is 43. This is significantly shorter than the national average.

The number of sales in November dropped by 43.8% from the previous month.

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Ann Arbor, MI Property Ownership

The percent of unoccupied properties is very low in Ann Arbor. It is -9.37% below the national average.

The percent of owner occupied properties in Ann Arbor is 18.28% below the national average.

The percent of rental properties in Ann Arbor is 30.45% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.