Ann Arbor, MI Real Estate & Property Data

Ann Arbor Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Ann Arbor, MI. ATTOM’s Ann Arbor real estate data is updated daily, and current market trends show that in Ann Arbor, MI a total of 1,938 residential properties have sold over the past year. With a median home price of $482,500 in Ann Arbor and a total of 3 foreclosures. Get detailed property data for Ann Arbor, MI instantly. ATTOM is your one-stop-shop for the Ann Arbor property reports and real estate data you need in Ann Arbor, MI.

Ann Arbor Real Estate Market Trends
Total Residential Properties 43,684
Total Commercial Properties 3,374
Avg. Home Age (Single Family Home) 64 Years
Avg. Square Feet (Single Family Home) 1,911
Total 2024 Residential Sales (year-to-date) 186
% of Homes Seriously Underwater (Q2 2024) 0.95%
Total 2023 Residential Sales 1,842
% of Equity Rich Homes (Q2 2024) 48.1%
Effective 2023 Property Tax 1.29%
Total Foreclosure Filings (year-to-date) 6
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Ann Arbor, MI Real Estate Overview

There were 1,938 residential properties sold in the past year in Ann Arbor, MI. The median home value in Ann Arbor, MI is $513,750. There are a total of 43,684 residential properties in the Ann Arbor.

Median Sales Price i
$482,500
(Feb 2024)
-7.2%
year-over-year
y-o-y
  • February '24 Feb '24 $482,500
  • January '24 Jan '24 $469,000
  • December '23 Dec '23 $450,000
  • November '23 Nov '23 $499,950
  • October '23 Oct '23 $521,250
  • September '23 Sep '23 $492,750
  • August '23 Aug '23 $537,500
  • July '23 Jul '23 $520,000
  • June '23 Jun '23 $505,000
  • May '23 May '23 $545,000
  • April '23 Apr '23 $497,500
  • March '23 Mar '23 $449,900
Median Down Payment i
$100,000
(Feb 2024)
+31.6%
year-over-year
y-o-y
  • February '24 Feb '24 $100,000
  • January '24 Jan '24 $93,875
  • December '23 Dec '23 $84,150
  • November '23 Nov '23 $95,600
  • October '23 Oct '23 $115,000
  • September '23 Sep '23 $113,875
  • August '23 Aug '23 $114,000
  • July '23 Jul '23 $108,050
  • June '23 Jun '23 $102,000
  • May '23 May '23 $118,000
  • April '23 Apr '23 $118,125
  • March '23 Mar '23 $96,375
Number of Homes Sold i
106
(Feb 2024)
+34.2%
year-over-year
y-o-y
  • February '24 Feb '24 106
  • January '24 Jan '24 80
  • December '23 Dec '23 135
  • November '23 Nov '23 123
  • October '23 Oct '23 145
  • September '23 Sep '23 139
  • August '23 Aug '23 178
  • July '23 Jul '23 199
  • June '23 Jun '23 232
  • May '23 May '23 224
  • April '23 Apr '23 160
  • March '23 Mar '23 138
Number of Purchase Loans i
58
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 58
  • January '24 Jan '24 54
  • December '23 Dec '23 73
  • November '23 Nov '23 83
  • October '23 Oct '23 79
  • September '23 Sep '23 93
  • August '23 Aug '23 122
  • July '23 Jul '23 125
  • June '23 Jun '23 159
  • May '23 May '23 156
  • April '23 Apr '23 102
  • March '23 Mar '23 103
Number of REFI Loans i
45
(Feb 2024)
+32.4%
year-over-year
y-o-y
  • February '24 Feb '24 45
  • January '24 Jan '24 45
  • December '23 Dec '23 38
  • November '23 Nov '23 36
  • October '23 Oct '23 37
  • September '23 Sep '23 53
  • August '23 Aug '23 34
  • July '23 Jul '23 43
  • June '23 Jun '23 51
  • May '23 May '23 38
  • April '23 Apr '23 44
  • March '23 Mar '23 78
Number of HELOC Loans i
34
(Feb 2024)
-30.6%
year-over-year
y-o-y
  • February '24 Feb '24 34
  • January '24 Jan '24 39
  • December '23 Dec '23 43
  • November '23 Nov '23 37
  • October '23 Oct '23 49
  • September '23 Sep '23 39
  • August '23 Aug '23 61
  • July '23 Jul '23 51
  • June '23 Jun '23 63
  • May '23 May '23 59
  • April '23 Apr '23 51
  • March '23 Mar '23 48

Ann Arbor, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Ann Arbor, MI Foreclosure Activity

There were a total of 3 Ann Arbor, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Ann Arbor, MI properties and repossessed 1 Ann Arbor, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 1
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 4
Foreclosure Starts i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 1
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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