Altos Market Data for Realtors

Ann Arbor, MI 48108

Single-Family Homes

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Ann Arbor, MI 48108

Tue Jun 17 2025
This week the median list price for Ann Arbor, MI 48108 is $712,500 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has held steady at or around 22. Click here to stay informed with the Ann Arbor market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ann Arbor, MI 48108

Tue Jun 17 2025
This week the median list price for Ann Arbor, MI 48108 is $712,500 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has held steady at or around 22. Click here to stay informed with the Ann Arbor market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ann Arbor market.
Median List Price $712,500
Median Price of New Listings $540,000
Per Square Foot $237
Average Days on Market 44
Median Days on Market 32
Price Decreased 18%
Price Increased 5%
Relisted 0%
Inventory 22
Median Rent
Market Action 49
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$864,500 3,137 0.25 - 0.5 acre 5 2.5 29 0 0 35
$765,000 3,992 8,000 - 10,000 sqft 4 3.5 25 2 0 49
$669,999 2,596 0.25 - 0.5 acre 3 3 31 1 1 56
$360,000 1,416 8,000 - 10,000 sqft 3 1.5 59 2 1 7