Ann Arbor, MI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Ann Arbor, MI offers balanced conditions for buyers.
- •Prices are essentially flat (2.0% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 16.6 — buying and renting are roughly comparable.
Median Home Value
$405,507
ZHVI
Year-over-Year
+2%
Price change
5-Year Change
+25%
Since 2021
Median Rent
$2,039/mo
ZORI
Active Listings
552
For sale
State Avg
$254,230
Michigan
Home Value Trends
5-year Zillow Home Value Index for Ann Arbor, MI vs. state and national averages.
Rent Data
Median Rent
$2,039/mo
Rent YoY Change
+1.1%
Other Markets in Michigan
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.