Current Market Data · Washtenaw County, MI (Realcomp, March 2026)
Median Price
$485K
YoY Change
+4.8%
Days on Market
18
Price / Sq Ft
$260
About Ann Arbor
Ann Arbor is the cultural and economic anchor of Washtenaw County, home to the University of Michigan and a thriving ecosystem of technology, healthcare, and research employers. The city of approximately 125,000 residents offers an urban density and walkability that's rare for Michigan: multiple distinct commercial districts, an extensive restaurant scene, and a cultural calendar driven by the university and independent arts community.
Real estate in Ann Arbor is the most competitive in Washtenaw County by a significant margin. The combination of university employment, a highly educated workforce, and limited land for new development keeps pricing elevated and inventory tight. Buyers should be prepared to move quickly and compete.
Real Estate Overview
Ann Arbor's housing stock ranges from historic homes in neighborhoods like Burns Park, the Old West Side, and Water Hill to mid-century ranches and colonials in the city's residential rings, to newer condominiums and townhouses near downtown and along the Huron River corridor.
The market is intensely competitive. Well-priced homes in desirable neighborhoods regularly receive multiple offers within days of listing. The condo and townhouse market provides more accessible entry points but is also fast-moving. New construction within city limits is limited by available land, which contributes to persistent upward pressure on pricing.
What Your Budget Buys in Ann Arbor
Entry Tier
Under $350K gets you a condo, townhouse, or small bungalow in neighborhoods further from downtown, typically east or south side.
Mid Range
$350K–$700K brings single-family homes in established neighborhoods like Burns Park, Kerrytown-area, or the Old West Side. Updated homes with character.
Luxury Tier
Above $700K you're looking at premium locations near downtown, homes in the Barton Hills area, larger properties in Ann Arbor Hills, or newer luxury construction.
Sarah’s Take
“Ann Arbor is a market unto itself. University of Michigan creates a floor under demand that doesn't exist in most Michigan markets: between faculty, hospital system employees, and the tech corridor, there's always a deep pool of qualified buyers. If you're buying here, come prepared to compete from day one.”
Sarah Patrick
Principal Broker, The Patrick Group
Location & Access
- •Located along US-23, approximately 45 minutes west of Detroit via I-94
- •Home to the University of Michigan, Michigan Medicine, and a major tech corridor
- •Downtown is walkable with extensive bus transit (TheRide/AAATA)
- •Detroit Metropolitan Airport is approximately 25 minutes east via I-94
Schools
Primary District: Ann Arbor Public Schools
Ann Arbor is served by Ann Arbor Public Schools, one of the larger districts in the state. The district operates numerous elementary schools, multiple middle schools, and several high schools including Pioneer, Huron, and Skyline. School boundaries vary, verify specific assignments with the district for any address.
Frequently Asked Questions
Specialty Services in Ann Arbor
Divorce Real Estate
Court-compliant home sales with dual-party coordination for Ann Arbor families navigating divorce.
Estate & Probate Sales
Executor guidance, probate timelines, and estate property sales in Washtenaw County.
Downsizing
Right-sizing your home in Southeast Michigan, sell your Ann Arbor property and find your next chapter.
Cash Offer Program
Get a no-obligation cash offer on your Ann Arbor home in 48 hours, no showings, no repairs.
Homebuyer Grants & DPA
Check which Michigan down payment assistance programs you qualify for, free, instant results.
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Market statistics are sourced from Realcomp MLS data for WashtenawCounty and reflect general market conditions as of March 2026. City-level figures are adjusted estimates based on known market positioning and may not reflect official MLS sub-market data. Price ranges are general guidance and not guarantees of value. Individual property values depend on condition, location, and current market conditions. School district information should be verified directly with the district for specific property addresses. The Patrick Group | Oak & Stone Real Estate is committed to compliance with the Fair Housing Act and all applicable fair housing laws. Equal Housing Opportunity.