Housing in Ann Arbor, Michigan

The housing market in Ann Arbor, MI is thriving. The median value of homes in the city is significantly higher than the national median value of $338,100. Additionally, the appreciation rate of homes over the past year has been 8.47%, slightly higher than the US average of 8.27%. This suggests that homes in Ann Arbor are more desirable and increasing in value more quickly than other areas of the country.

The median home cost in Ann Arbor is $455,500. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Ann Arbor is up 13.1%.

Average Age of Homes

- The median age of Ann Arbor real estate is 49 years old

The Rental Market in Ann Arbor

- Renters make up 50.8% of the Ann Arbor population
- 1.9% of houses and apartments in Ann Arbor, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

HOUSING	Ann Arbor, Michigan	United States
	52,963	139,647,020
	50	42
	$455,500	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$17.80	$10.98
	$6,524	$2,690
	42.7%	57.4%
	6.2%	11.2%
	51.1%	31.4%
VACANT HOUSING
	1.9%	1.9%
	1.6%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	1.1%	3.6%
	1.1%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	0.7%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.7%	4.5%
	4.4%	11.3%
	6.4%	13.0%
	20.5%	20.1%
	24.6%	13.6%
	18.8%	8.3%
	14.9%	9.7%
	5.1%	3.9%
	2.5%	2.2%
	0.3%	0.8%
	0.1%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.2%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	11.7%	13.6%
	11.3%	13.2%
	16.9%	14.8%
	11.7%	13.6%
	11.1%	10.0%
	5.0%	4.7%
	15.0%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

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Reviews for Ann Arbor 49 Reviews

Good - 8/2/2017
Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste... Read More

Jaba | Ann Arbor, MI | Reply | No Replies

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Hope to like it more with time... - 3/7/2017
Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,... Read More

Jason | Baltimore, MD | Reply | 3 Replies

public transportation - 2/18/2015
Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild... Read More

Laura | Ann Arbor, MI | Reply | No Replies

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ZIP CODES IN ANN ARBOR, MICHIGAN

48103 48104 48105 48109

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United States / Michigan / Ann Arbor Metro Area / Washtenaw County / Ann Arbor / Zip Codes