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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

$817,188

AVERAGE PRICE OF 307 HOMES

$1,907,708

AVERAGE PRICE OF 67 MULTI-MILLION DOLLAR HOMES

$1,126,533

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$1,096,488

AVERAGE PRICE OF 16 HOMES WITH A POOL

$700,666

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $817,188
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $412,475
2 bedrooms $550,135
3 bedrooms $691,673
4 bedrooms $1,183,494
5 bedrooms $1,251,695
Ann Arbor Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 339 423 457 465 453
Average Price $776,566 $756,377 $748,377 $767,822 $789,012
Avg Price Change +2.67% +1.07% -2.60% -2.76% +2.85%
Median Price $584,737 $575,530 $570,232 $589,076 $598,687
Med Price Change +1.60% +0.93% -3.30% -1.63% -1.34%
Avg Bedrooms 2.72 beds 2.8 beds 2.89 beds 2.9 beds 2.92 beds
Avg Bathrooms 2.44 baths 2.51 baths 2.6 baths 2.68 baths 2.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Skyline 66 $1,049,813 250 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 307 $817,188 124 days
Multi-Million Dollar Homes 67 $1,907,708 173 days
Newly Built Homes 83 $1,126,533 209 days
Homes with a Pool 16 $1,096,488 74 days
Reduced Price Homes 6 $700,666 87 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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