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Ann Arbor

Why you'd want to live in Ann Arbor

Ann Arbor, MI is a vibrant city best known as the home of the University of Michigan, a prestigious institution that shapes the city's academic and cultural landscape. Located in southeastern Michigan, Ann Arbor boasts a lively downtown with an array of restaurants, shops, and art galleries, making it a hub for foodies and art lovers alike. The city is also known for its beautiful parks and green spaces, offering outdoor activities year-round. With its strong educational and healthcare sectors, Ann Arbor has a thriving economy and a reputation for progressive values, making it a desirable place to live and visit.

Ann Arbor Market Report

$735,200

AVERAGE PRICE OF 613 HOMES

$1,776,919

AVERAGE PRICE OF 106 MULTI-MILLION DOLLAR HOMES

$940,105

AVERAGE PRICE OF 159 NEWLY BUILT HOMES

$1,064,148

AVERAGE PRICE OF 37 HOMES WITH A POOL

$516,057

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

$1,300,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $735,200
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $350,683
2 bedrooms $429,133
3 bedrooms $585,264
4 bedrooms $1,050,887
5 bedrooms $1,294,041
Ann Arbor Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 911 886 882 864 693
Average Price $736,774 $751,158 $737,955 $768,888 $809,349
Avg Price Change -1.95% +1.79% -4.19% -5.26% -0.72%
Median Price $572,162 $581,991 $592,532 $603,389 $600,460
Med Price Change -1.72% -1.81% -1.83% +0.49% -1.52%
Avg Bedrooms 2.87 beds 2.88 beds 2.9 beds 2.94 beds 2.97 beds
Avg Bathrooms 2.63 baths 2.68 baths 2.64 baths 2.67 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pioneer 2 $357,450 72 days
Skyline 99 $908,140 155 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 613 $735,200 77 days
Multi-Million Dollar Homes 106 $1,776,919 112 days
Newly Built Homes 159 $940,105 130 days
Homes with a Pool 37 $1,064,148 48 days
Reduced Price Homes 19 $516,057 49 days
Distressed Homes 1 $1,300,000 96 days
Real Estate For A CAUSE
8200 South Saginaw Street, Suite 200
Grand Blanc, MI 48439
810-344-7275

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