Ann Arbor, MI Home Values & Market Trends

Real estate market trends reflect that there have been 1,797 transactions over the past year in Ann Arbor. The median value for residential home transactions that occurred over the previous year is $529,125. The number of current listings in Ann Arbor is 2,219, and the percentage of properties for sale in the city is 2219.00%. Ann Arbor, MI currently has 6 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 2,219 properties for sale.

Ann Arbor, MI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
48103

$ 535,246

$ 313/sqft

48104

$ 585,432

$ 365/sqft

48105

$ 552,881

$ 281/sqft

48109

$ --

$ --

48108

$ 470,394

$ 251/sqft

Housing Market Summary for Ann Arbor, MI

Sep 2025September 2026Change
Median Listing Price$540K$546K1.11%
Median Sold Price$565.5K$516.2K-8.71%
Homes For Sale1,5452,18141.17%
Homes Sold1,346820-39.08%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Ann Arbor, MI

Ann Arbor home values range from $71,342 to $13,560,000. The median estimated value of a home in Ann Arbor is $529,125. The median list price of a home is 540,000, and the total count of properties in the city is 2,972.

Foreclosure
There are 5 zips within Ann Arbor, MI; within these zips, the median estimated home value for homes in foreclosure ranges from $400,494 in 48104 to the lowest value of $218,836 in 48104. Foreclosure homes account for 0.00% of properties in Ann Arbor, MI with 48108 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Ann Arbor, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Ann Arbor, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ann Arbor, MI ranges from the highest value of $800,102 in 48104 to the lowest value of $400,494 in 48103. Bank owned homes and properties account for 0.07% of properties in Ann Arbor, MI. There are 5 zips within Ann Arbor, MI; 48104 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    48108 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Ann Arbor, MI. Auction homes and other auction properties account for 0.13% of all properties in Ann Arbor, MI. There are 5 zips within Ann Arbor, MI; of those zips, the median estimated home value for homes going to auction ranges from $426,454 in 48108 to the lowest value of $218,836 in 48108.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.66% of residential properties in Ann Arbor, MI with 48103 containing 841 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Ann Arbor, MI; homes for sale in those zips, have a range of median values from $3,200,000 in 48103 to the lowest value of $136,080 in 48108.
    Sold Homes
    The median value for recently sold homes ranges from $1,505,147 in 48105 to the lowest price of $71,342 in 48105. There are 5 zips within Ann Arbor, MI. 48103 has 323 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 24.93% of properties in Ann Arbor, MI.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Ann Arbor, MI
      $
      $

      Guide for Ann Arbor, MI

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.