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Ann Arbor

Why you'd want to live in Ann Arbor

Perhaps best known as the home of the University of Michigan, and for the maize and blue colors of its nationally recognized football team, the Wolverines, Ann Arbor has much more to offer than just a college. Ann Arbor’s creative, youthful vibe makes it a great locale for Gen X and Millennial residents, particularly those looking to relocate. Full of appeal for singles, young families and even older residents, there’s something to do no matter what sparks your interest – from the great outdoors to exceptional museums, literary culture, and food and cocktails. The city is consistently ranked a best place by national media, picking up such designations as being a best place to live, a best place for single women, best destination for food in the Midwest and one of Livability.com’s Top 10 Best College Towns. Forbes magazine called Ann Arbor its No. 1 Most Educated City in 2014, and USA Today named it No. 6 among Best Cities for Well-Being. via livability.com

Ann Arbor Market Report

$796,364

AVERAGE PRICE OF 444 HOMES

$1,741,132

AVERAGE PRICE OF 96 MULTI-MILLION DOLLAR HOMES

$1,273,122

AVERAGE PRICE OF 85 NEWLY BUILT HOMES

$801,606

AVERAGE PRICE OF 27 HOMES WITH A POOL

$713,076

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $796,364
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $404,968
2 bedrooms $533,286
3 bedrooms $663,232
4 bedrooms $952,613
5 bedrooms $1,354,659
Ann Arbor Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 413 371 320 211 190
Average Price $819,762 $815,153 $808,293 $816,491 $857,476
Avg Price Change +0.57% +0.85% -1.01% -5.02% +0.97%
Median Price $601,717 $609,585 $591,754 $589,363 $589,638
Med Price Change -1.31% +3.01% +0.41% -0.05% -3.03%
Avg Bedrooms 2.94 beds 2.84 beds 2.71 beds 2.53 beds 2.49 beds
Avg Bathrooms 2.72 baths 2.63 baths 2.55 baths 2.45 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Skyline 100 $886,403 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 444 $796,364 63 days
Multi-Million Dollar Homes 96 $1,741,132 108 days
Newly Built Homes 85 $1,273,122 135 days
Homes with a Pool 27 $801,606 53 days
Reduced Price Homes 17 $713,076 36 days
Keller Williams Ann Arbor | Home Team Realtors
Kiara Nelson
2144 S. State Street
Ann Arbor, MI 48104
734-732-3844

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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