Housing in Ann Arbor, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$433,000
Median List Price
$456,000
Price Per Sq Ft
$280
Days on Market
97
Active Inventory
152
Months of Supply
4.1
Balanced market
Zillow Home Value
$501,473
ZHVI — January 2026
Zillow Rent Index
$2,374
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.8%
Off Market in 2 Weeks
40.0%
Sale-to-List Ratio
98.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
37
New Listings
65
Pending Sales
60
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$280
Median List $/SF
$299
Ann Arbor vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Ann Arbor is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$435,100
Median Rent
$1,552
Total Housing Units
53,715
Vacancy Rate
7.1%
Owner Occupied
45.6%
Renter Occupied
54.4%
Median Property Tax
$7,232
per year
Monthly Cost (w/ Mortgage)
$1,825
Housing Types
The current median sale price in Ann Arbor, MI is $433,000 according to Redfin data. Homes spend a median of 97 days on the market. 10.8% of homes sold above asking price. The market has 4.1 months of supply. The median price per square foot is $280. Zillow's observed rent index is $2,374/month. About 45.6% of housing units are owner-occupied. The median year homes were built is 1971. There are 53,715 total housing units.