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Featured local agent — Spring Arbor, MI
Sarah Mitchell
Compass Real Estate · Spring Arbor, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Arbor, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$257,500median sale price
How is the Spring Arbor, MI housing market right now?
The median home sale price in Spring Arbor, MI is $257,500, down 2.8% year-over-year. Homes sell in an average of 45 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spring Arbor a buyer's or seller's market?
Spring Arbor, MI is currently a seller's market, based on 1.0 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
45
Average pace
Active listings
2
1.0 months supply
Sale-to-list
91.7%
Below asking
What does the Spring Arbor housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $257,500 |
| Year-over-year price change | -2.8% |
| Average days on market | 45 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 91.7% |
| Median price per sq ft | $203/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Spring Arbor by property type?
How the Spring Arbor, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $250,000 | $188/sq ft | 1 | 45 days |
| Condo / Co-op | $265,000 | $218/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Spring Arbor housing market is currently classified as a seller's market with a median sale price of $257,500. Prices have fallen 2.8% compared to last year, with homes spending an average of 45 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Spring Arbor
There are currently 2 homes listed for sale in Spring Arbor, Michigan.
Active listings
2
Homes on market
Avg. days on market
45
Days until sale
Who lives in Spring Arbor?
Population
2,385
Median income
$77,721/yr
Median age
22.9 years
Owner-occupied
68.7%
College grads
44.0%
Avg commute
18.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Spring Arbor?
Zillow home value
$285,550
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Spring Arbor?
Spring Arbor is a community of approximately 2K residents with a median age of 22.9 years.The median household income is $77,721, which reflects a relatively affluent area with strong earning potential. 44.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spring Arbor offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Spring Arbor?
2 schools tracked · 779 students
The largest public schools serving Spring 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.
Bean Elementary School
Grades K-5 · 398 students
Warner Elementary School
Grades K-5 · 381 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Spring Arbor, MI?
Want a head-to-head view? Compare Spring Arbor side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spring Arbor?
The median home sale price in Spring Arbor is $257,500, down 2.8% from last year.
How long do homes stay on market in Spring Arbor?
Homes typically spend 45 days on market before going under contract.
What is the median income in Spring Arbor?
The median household income is $77,721 per year.
Is Spring Arbor a buyer's or seller's market?
With 1.0 months of supply, Spring Arbor is currently a seller's market.
What is the Zillow home value estimate for Spring Arbor?
The Zillow Home Value Index (ZHVI) for Spring Arbor is $285,550, representing the typical home value in the area.
What is the median condo price in Spring Arbor?
The median condo/co-op sale price in Spring Arbor, MI is $265,000, compared to $250,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Spring Arbor?
The median single-family home price in Spring Arbor, MI is $250,000 (about $188 per square foot).
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