Ann Arbor, MI Real Estate Market Summary – September 8, 2026

In Ann Arbor, MI, the real estate market has seen a total of 136 homes sold recently, averaging 4 homes sold per day. The average sale price for these properties stands at $573,456, with a median price of $501,000.

Metric 30 Days
Number Sold 136
Sold Per Day 4.53
Average SQFT 2160
Median Sales Price $501,000
Average Sales Price $573,456
Average Price Per SQFT $284
Average Days on Market 18
Average Year Built 1978

 

Ann Arbor, MI Single Family Home Analysis

The single-family home segment consists of 86 properties sold, with an average sale price of $649,027. Homes in this category typically offer larger living spaces, with an average living area of 2,466 square feet and a median year built around 1969.

Metric 30 Days
Number Sold 86
Sold Per Day 2.87
Average SQFT 2466
Median Sales Price $551,000
Average Sales Price $649,027
Average Price Per SQFT $276
Average Days on Market 19
Average Year Built 1969

 

Ann Arbor, MI Condo & Townhome Analysis

In the condo and townhome market, 50 properties have been sold, showcasing an average sale price of $443,474. These homes generally have an average living area of 1,631 square feet and were predominantly built in the early 1990s.

Metric 30 Days
Number Sold 50
Sold Per Day 1.67
Average SQFT 1631
Median Sales Price $397,500
Average Sales Price $443,474
Average Price Per SQFT $298
Average Days on Market 16
Average Year Built 1994

 

Buyer & Seller Analysis

  • An average of 4.53 homes sold daily in the overall market.
  • Properties spent an average of 17.63 days on the market before selling.
  • The average price per square foot for homes is $284.
  • Note that this report reflects closed transactions and does not include sale prices for currently listed properties.

Conclusion

Overall, Ann Arbor’s housing market demonstrates vibrant activity with a variety of properties sold, attracting interest from diverse buyers. The market’s performance may inform prospective sellers and buyers about current trends.

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