Housing in Spring Arbor, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$210,000
Median List Price
$322,450
Price Per Sq Ft
$187
Days on Market
103
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$263,776
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
97.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
4
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Median List $/SF
$190
Spring Arbor vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Spring 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
$213,100
Median Rent
$895
Total Housing Units
663
Vacancy Rate
17.5%
Owner Occupied
68.7%
Renter Occupied
31.3%
Median Property Tax
$3,026
per year
Monthly Cost (w/ Mortgage)
$997
Housing Types
The current median sale price in Spring Arbor, MI is $210,000 according to Redfin data. Homes spend a median of 103 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $187. The median rent is $895 per month (Census ACS). About 68.7% of housing units are owner-occupied. The median year homes were built is 1988. There are 663 total housing units.