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Single-family Foreclosures in Ann Arbor, MI

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Ann Arbor, MI Foreclosures

How much do homes sell for in Ann Arbor, MI?
The average home price is currently $593,552.
In Ann Arbor, MI, how many homes are available?
There are currently 18 active home listings available in Ann Arbor.
What’s the average rental cost in Ann Arbor, MI?
The average rental price in Ann Arbor is $2,166.
What is the most expensive home in Ann Arbor?
The most expensive home sold in Ann Arbor had a price of $19,408,600.
What is currently the cheapest priced home in Ann Arbor, MI?
The cheapest home for sale in Ann Arbor is priced at $20,278.

Living in Ann Arbor, MI

Ann Arbor, MI is a bustling college town known for its dynamic lifestyle and vibrant cultural scene. Home to the prestigious University of Michigan, it offers residents access to excellent education, diverse entertainment options, and beautiful parks. The city's blend of historic charm and modern amenities creates an appealing environment for families and investors alike.

Current Market Conditions in Ann Arbor, MI

The residential real estate market in Ann Arbor has shown consistent growth, with housing prices steadily rising in recent years. With its strong demand stemming from the university population, investors can expect competitive pricing and quick sales on properties.

Current trends indicate an increased interest in multi-family housing and rentals, making it an attractive area for real estate investors looking to diversify their portfolios and capitalize on the growing demand for rental properties near the university and in established neighborhoods.

Home Value Estimator For Ann Arbor, MI

There are currently 41,809 real estate properties in Ann Arbor, MI, with a median automated valuation model (AVM) price of $525,786.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ann Arbor, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ann Arbor, MI, is $593,552.00, with the most expensive house in Ann Arbor, MI, topping out at $19,408,600.00 and the cheapest home in Ann Arbor, MI, clocking in at $20,278.00. In other words, there’s something for every potential homebuyer or savvy investor in Ann Arbor, MI!

Rent Prices In Ann Arbor, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ann Arbor, MI, is on a rollercoaster ride. The average rent price in Ann Arbor, MI, is $2,166.00. Indeed, when looking to rent in Ann Arbor, MI, you can expect to pay as little as $610.00 or as much as $5,280.00, with the average rent median estimated to be $2,080.00. The good news is that finding an affordable and desirable property to rent in Ann Arbor, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ann Arbor, MI Single-family Homes


Market Trend for Ann Arbor, MI

Total Listings Available: 18

Market Values:

Home Prices from $20,278 to $19,408,600

Average Sales Price: $593,552

Rental Values:

Rental from $610 to $5,280

Average Rent Value: $2,166 / month

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