Metropolitan market · Michigan · June 2026 data

Ann Arbor Real Estate Market

The Ann Arbor, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Ann Arbor report in a click.

Median listing price
$487,500
▼ 8.6% YoY
Median $ / sq ft
$248
1,918 sq ft median
Median days on market
36
June 2026
Active listings
733
For sale now
New listings
486
June 2026
Listings with price cuts
14%
Share of active
Median sale price (closed)
$435,900
▲ 5.0% YoY · closed sales
Sale-to-list ratio
100.8%
Closed sales
Homes sold / month
381
Closed sales
Median listing price trend
$534K$512K$491K$470K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Ann Arbor MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$534K$497K$461K$425K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Ann Arbor MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
733
New this month
486
Pending
568
Price-reduced
102

As of June 2026, the median home listed in Ann Arbor, MI asks $487,500 — down 8.6% from a year ago. Homes are taking a median of 36 days to go under contract, and 14% of the 733 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Ann Arbor, MI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
56/100
#330 of 932 covered metros
12-month outlook
-0.2%
Flat · model output, not advice
Price volatility
Medium
σ 6.0% · 20-yr price-index swings
Momentum
44
Value
28
Rental yield
57
Supply risk
29
Market heat
90

Ann Arbor scores 56/100 on our composite Investor Score (#330 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 45% over five years and +91% over ten, leaving prices 76% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,656/mo for a two-bedroom, the gross rental yield on the median listing is about 4.1%; active inventory sits at 66% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 8.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Ann Arbor ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,197/mo
−$250/mo vs today
At today's rate · 6.43%
$2,447/mo
National weekly average
If rates rise 1% · 7.43%
$2,708/mo
+$261/mo vs today

Principal & interest on the $487,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
1,365
▲ 37.0% vs 2024
3.7 per 1,000 residents
Net migration (2022–2023)
-2,820
▼ people, via tax-return records
net income flow −$92.7M/yr
Job growth (YoY)
-0.3%
▼ 231.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Ann Arbor market FAQs

What is the median home price in Ann Arbor?
As of June 2026, the median listing price in Ann Arbor, MI is $487,500, down 8.6% year over year (source: public records and industry data). Figures cover the Ann Arbor, MI metro area.
How fast are homes selling in Ann Arbor?
The median property in Ann Arbor spends 36 days on the market, with 733 homes actively listed and 14% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Ann Arbor?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Ann Arbor and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Ann Arbor, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.