Ann Arbor, MI 48104 Real Estate & Property Data

Ann Arbor, MI 48104 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 450 residential properties have been sold over the past 12 months in 48104. With a median sales price of $574,950 in 48104. Discover market trends and get the granular level real estate data for Ann Arbor, MI 48104 to keep your pulse on the housing market. Curate compelling home reports for Ann Arbor, MI 48104 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Ann Arbor, MI 48104 Real Estate Market Trends
Total Residential Properties 8,927
Total Commercial Properties 1,456
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 1,941
Total 2024 Residential Sales (year-to-date) 49
% of Homes Seriously Underwater (Q2 2024) 1.88%
Total 2023 Residential Sales 424
% of Equity Rich Homes (Q2 2024) 45.6%
Effective 2023 Property Tax 1.27%
Total Foreclosure Filings (year-to-date) 2
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Ann Arbor, MI 48104 Real Estate Overview

There were 450 residential properties sold in the past year in Ann Arbor, MI 48104. The median home value in Ann Arbor, MI 48104 is $562,750. There are a total of 8,927 residential properties in the 48104.

Median Sales Price i
$574,950
(Feb 2024)
+2.7%
year-over-year
y-o-y
  • February '24 Feb '24 $574,950
  • January '24 Jan '24 $585,000
  • December '23 Dec '23 $875,000
  • November '23 Nov '23 $593,100
  • October '23 Oct '23 $735,000
  • September '23 Sep '23 $505,000
  • August '23 Aug '23 $950,000
  • July '23 Jul '23 $491,300
  • June '23 Jun '23 $890,000
  • May '23 May '23 $597,500
  • April '23 Apr '23 $474,781
  • March '23 Mar '23 $365,000
Median Down Payment i
$112,550
(Feb 2024)
-0.4%
year-over-year
y-o-y
  • February '24 Feb '24 $112,550
  • January '24 Jan '24 $93,750
  • December '23 Dec '23 $43,850
  • November '23 Nov '23 $114,240
  • October '23 Oct '23 $310,000
  • September '23 Sep '23 $178,590
  • August '23 Aug '23 $178,375
  • July '23 Jul '23 $111,425
  • June '23 Jun '23 $177,505
  • May '23 May '23 $121,500
  • April '23 Apr '23 $220,000
  • March '23 Mar '23 $90,625
Number of Homes Sold i
27
(Feb 2024)
+3.8%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 22
  • December '23 Dec '23 22
  • November '23 Nov '23 27
  • October '23 Oct '23 37
  • September '23 Sep '23 32
  • August '23 Aug '23 36
  • July '23 Jul '23 51
  • June '23 Jun '23 48
  • May '23 May '23 52
  • April '23 Apr '23 39
  • March '23 Mar '23 31
Number of Purchase Loans i
11
(Feb 2024)
-21.4%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 14
  • December '23 Dec '23 9
  • November '23 Nov '23 19
  • October '23 Oct '23 15
  • September '23 Sep '23 17
  • August '23 Aug '23 23
  • July '23 Jul '23 25
  • June '23 Jun '23 30
  • May '23 May '23 28
  • April '23 Apr '23 24
  • March '23 Mar '23 17
Number of REFI Loans i
12
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 11
  • October '23 Oct '23 4
  • September '23 Sep '23 19
  • August '23 Aug '23 9
  • July '23 Jul '23 18
  • June '23 Jun '23 9
  • May '23 May '23 7
  • April '23 Apr '23 18
  • March '23 Mar '23 48
Number of HELOC Loans i
6
(Feb 2024)
-14.3%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 8
  • December '23 Dec '23 8
  • November '23 Nov '23 7
  • October '23 Oct '23 8
  • September '23 Sep '23 7
  • August '23 Aug '23 8
  • July '23 Jul '23 8
  • June '23 Jun '23 12
  • May '23 May '23 14
  • April '23 Apr '23 17
  • March '23 Mar '23 13

Ann Arbor, MI 48104 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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