Ann Arbor, MI metro area Housing Market
Cool MarketComprehensive housing market data for the Ann Arbor, MI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$400K
↑ 5.2% YoY
Days on Market
79 days
↑ 33.9% YoY
Active Inventory
574
↑ 6.7% YoY
Homes Sold
163
↓ 8.9% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Ann Arbor, MI metro area Market Summary
The Ann Arbor, MI metro area housing market is cooling down. As of January 2026, the median home sale price is $400K, up 5.2% year-over-year. Homes are spending a median of 79 days on the market, 33.9% longer than a year ago.
There are 574 homes for sale — 6.7% more than last year. With 3.5 months of supply, this is a seller's market. 220 new listings were added during this period, down 21.7% year-over-year.
Homes are selling for 98.0% of their list price on average, suggesting room for negotiation. 18.4% of homes sell above their asking price. 17.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. Michigan Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage.
Ann Arbor, MI metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$425K
Price per Sq Ft
$213
Sale-to-List Ratio
98.0%
Months of Supply
3.5
Sold Above List
18.4%
Price Drops
17.9%
New Listings
220
↓ 21.7% YoY
Pending Sales
216
Off Market in 2 Weeks
31.5%
Other Markets in Michigan
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$180K · 47d on market
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$335K · 33d on market
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$200K · 61d on market
Flint, MI metro area
$195K · 45d on market
Kalamazoo, MI metro area
$265K · 30d on market
Traverse City, MI metro area
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Jackson, MI metro area
$195K · 58d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.