Ann Arbor, MI
Housing market overview · Updated weekly
$385,000median sale price
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
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
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.
Get Ann Arbor market alerts
Weekly updates on prices, inventory, and trends. Free forever.