$295,000
1089 Joyce Ln Unit 88
Ann Arbor, MI
2 bd2 ba1,251 sqft
Condo436 sqft lot
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Ann Arbor, MI Housing Market & Real Estate
Balanced market-18.1% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ann Arbor, MI is $385,000, down 18.1% year-over-year. Homes sell in an average of 47 days with 185 active listings. The market is currently a balanced market.
$385,000median sale price
Is Ann Arbor a buyer's or seller's market?
Balanced market3.8 months of supply47 avg. days on market
Ann Arbor, MI is currently a balanced market, based on 3.8 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
49
Last 12 weeks
Days on market
47
Average pace
Active listings
185
3.8 months supply
Sale-to-list
99.0%
Below asking
Ann Arbor, MI market data
| Metric | Value |
|---|---|
| Median sale price | $385,000 |
| Median list price | $480,000 |
| Year-over-year price change | -18.1% |
| Average days on market | 47 days |
| Active inventory | 185 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 99.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Ann Arbor housing market is currently classified as a balanced market with a median sale price of $385,000. Prices have fallen 18.1% compared to last year, with homes spending an average of 47 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Ann Arbor
There are currently 185 homes listed for sale in Ann Arbor, Michigan. The median listing price is $480K. Featured listings range from $295,000 to $1,285,000.
$349,000
2551 Foster Ave
Ann Arbor, MI
3 bd2 ba1,802 sqft
House10,890 sqft lot
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$385,000
3418 N Dixboro Rd
Ann Arbor, MI
3 bd1 ba1,966 sqft
House14,810 sqft lot
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$475,000
2731 Winter Garden Ct
Ann Arbor, MI
3 bd3 ba1,853 sqft
Condo
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$511,887
2158 Park Dr Unit 7
Ann Arbor, MI
2 bd2 ba1,620 sqft
Townhouse
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$525,000
1701 Hanover Rd
Ann Arbor, MI
3 bd2 ba1,897 sqft
House9,583 sqft lot
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$639,000
1968 Harley Ct
Ann Arbor, MI
4 bd4 ba3,385 sqft
House8,712 sqft lot
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$729,900
1829 Michelle Ct
Ann Arbor, MI
4 bd4 ba3,513 sqft
House8,712 sqft lot
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$769,000
510 Hiscock St
Ann Arbor, MI
4 bd3 ba1,902 sqft
House7,405 sqft lot
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$875,000
4981 St Annes Ct
Ann Arbor, MI
3 bd3 ba4,060 sqft
House30,928 sqft lot
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$1,100,000
771 Bogey Ct
Ann Arbor, MI
5 bd5 ba4,886 sqft
House24,394 sqft lot
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$1,285,000
1707 Morton Ave
Ann Arbor, MI
4 bd4 ba2,532 sqft
House9,583 sqft lot
More about this property
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Active listings
185
Homes on market
Median list price
$480K
Avg. days on market
47
Days until sale
New this week
81
Newly listed
Price drops:17.8%of listings
Sale-to-list:99.0%
Top public schools in Ann Arbor
42 schools tracked · 18,742 students
The largest public schools serving Ann Arbor, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Pioneer High School
Grades 9-12 · 1,683 students
Huron High School
Grades 9-12 · 1,635 students
Skyline High School
Grades 9-12 · 1,271 students
Washtenaw Technical Middle College
Grades 9-12 · 792 students
Slauson Middle School
Grades 6-8 · 743 students
Clague Middle School
Grades 6-8 · 661 students
Tappan Middle School
Grades 6-8 · 640 students
Scarlett Middle School
Grades 6-8 · 629 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Ann Arbor?
The median home sale price in Ann Arbor is $385,000, down 18.1% from last year.
How long do homes stay on market in Ann Arbor?
Homes typically spend 47 days on market before going under contract.
Is Ann Arbor a buyer's or seller's market?
With 3.8 months of supply, Ann Arbor is currently a balanced market.
How many homes are for sale in Ann Arbor?
There are currently 185 homes listed for sale in Ann Arbor, MI.
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