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Ann Arbor, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand is unremarkable. Hotness 63/100, supply score 63, homes go under contract 8.8% faster than the US median, at 122% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $93K, +2.0% YoY (ZIP); renters hold 46.7% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −8.5% YoY. inventory, +20.0% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

Computed from this page's data: median listing $515,843 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

8 ZIPs in this city:48103 48104 48105 48106 48107 48108 48109 48113

Market Hotness

63 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−8.8%

homes sell faster here

122%

of national median · above avg

Median Listing Price

$516K

Population

169,686

69,976

Median Days on Market

Active Listings

452

New Listings

124

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 8.5% YoY while the median home got down 10.2% bigger, so value per square foot is down 4.0%.

Pricing

Median Listing Price

$516K-8.5% YoY

Average Listing Price

$743K+0.9% YoY

Price per Sq Ft

$281.925-4.0% YoY

Median Sq Ft

1,816-10.2% YoY

Inventory

Active Listings

452+32.6% YoY

New Listings

124-13.9% YoY

Total Listings

607+20.0% YoY

Buyer Competition

Pending Listings

160-4.2% YoY

Pending Ratio

0.35-28.0% YoY

Median Days on Market

53+9.4% YoY

Price Reduced

24.9%+38.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 159,782

160Kunits

Occupied150,55094.2%

Vacant9,2325.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 150,550

151Koccupied

Owner92,76861.6%

Renter57,78238.4%

Renter Share

38.4%0.0% YoY

Total Housing Units

159,782+1.1% YoY

FY2026 Fair Market Rent

CountyWashtenaw County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,365

/month

1 BR

$1,387

/month

2 BR

$1,656

/month

3 BR

$1,986

/month

4 BR

$2,193

/month

FMR trends · Washtenaw County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 46.7% of this ZIP's 69,976 occupied households, on a median household income of $93K.

Population & Age

Total Population

169,686+0.7% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 169,686

170Kresidents

Under 1825,54615.1%

Adults 18–64119,30670.3%

65 & Over24,83414.6%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.30-0.7% YoY

Population Under 18

25,546-0.3% YoY

Population 65 & Over

24,834+2.8% YoY

Households & Mobility

Total Households

69,976+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.26+0.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house70.4%

Moved (within US)27.2%

Other2.4%

Veterans

2.5%-3.9% YoY

Income & Poverty

Median Household Income

$93K+2.0% YoY

Per-Capita Income

$61K+0.6% YoY

Mean Household Income

$140K+0.2% YoY

Below Poverty Level

21.4%+3.2% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone47.6%

Public transit5.9%

Worked from home27.9%

Other18.6%

Worked From Home

27.9%+10.1% YoY

Mean Commute

20.61+0.6% YoY

Units & Tenure

Total Housing Units

74,822+1.0% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 74,822

75Kunits

Occupied69,97693.5%

Vacant4,8466.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 69,976

70Khouseholds

Owner37,29553.3%

Renter32,68146.7%

Avg Household Size — Owner

2.39+0.2% YoY

Avg Household Size — Renter

2.10+0.3% YoY

County Demographics

County population is up 0.4% to 369,822: residents under 18 are down 0.3% and those 65 and over are up 3.6%.

Median Age

35.02024

Population

Washtenaw County Population

373,875+0.9% YoY

Households

Total Households

150,550+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.33-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 369,822

370Kresidents

Under 1867,47418.2%

Adults 18–64244,10666.0%

65 & Over58,24215.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

67,474-0.3% YoY

Population 65 & Over

58,242+3.6% YoY

Median Age

35.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house79.2%

Moved (within US)19.4%

Other1.4%

Veterans

4.0%-4.8% YoY

County Economy

County median household income is $89K, 14.2% of residents are below the poverty level, 22.6% work from home.

Income

Median Household Income

$89K+2.3% YoY

Per-Capita Income

$53K+1.9% YoY

Mean Household Income

$125K+1.5% YoY

Poverty

Below Poverty Level

14.2%+2.9% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.4%

Public transit3.7%

Worked from home22.6%

Other14.3%

Worked From Home

22.6%+11.3% YoY

Mean Commute

23.50+0.4% YoY

Done with Ann Arbor? Put it next to another market.

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City

ZIP codes

Ann Arbor, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand is unremarkable. Hotness 63/100, supply score 63, homes go under contract 8.8% faster than the US median, at 122% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $93K, +2.0% YoY (ZIP); renters hold 46.7% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −8.5% YoY. inventory, +20.0% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

8 ZIPs in this city:48103 48104 48105 48106 48107 48108 48109 48113

Market Hotness

63 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−8.8%

homes sell faster here

122%

of national median · above avg

Median Listing Price

$516K

Population

169,686

69,976

Median Days on Market

Active Listings

452

New Listings

124

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 8.5% YoY while the median home got down 10.2% bigger, so value per square foot is down 4.0%.

Pricing

Median Listing Price

$516K-8.5% YoY

Average Listing Price

$743K+0.9% YoY

Price per Sq Ft

$281.925-4.0% YoY

Median Sq Ft

1,816-10.2% YoY

Inventory

Active Listings

452+32.6% YoY

New Listings

124-13.9% YoY

Total Listings

607+20.0% YoY

Buyer Competition

Pending Listings

160-4.2% YoY

Pending Ratio

0.35-28.0% YoY

Median Days on Market

53+9.4% YoY

Price Reduced

24.9%+38.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 159,782

160Kunits

Occupied150,55094.2%

Vacant9,2325.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 150,550

151Koccupied

Owner92,76861.6%

Renter57,78238.4%

Renter Share

38.4%0.0% YoY

Total Housing Units

159,782+1.1% YoY

FY2026 Fair Market Rent

CountyWashtenaw County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,365

/month

1 BR

$1,387

/month

2 BR

$1,656

/month

3 BR

$1,986

/month

4 BR

$2,193

/month

FMR trends · Washtenaw County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 46.7% of this ZIP's 69,976 occupied households, on a median household income of $93K.

Population & Age

Total Population

169,686+0.7% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 169,686

170Kresidents

Under 1825,54615.1%

Adults 18–64119,30670.3%

65 & Over24,83414.6%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.30-0.7% YoY

Population Under 18

25,546-0.3% YoY

Population 65 & Over

24,834+2.8% YoY

Households & Mobility

Total Households

69,976+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.26+0.2% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house70.4%

Moved (within US)27.2%

Other2.4%

Veterans

2.5%-3.9% YoY

Income & Poverty

Median Household Income

$93K+2.0% YoY

Per-Capita Income

$61K+0.6% YoY

Mean Household Income

$140K+0.2% YoY

Below Poverty Level

21.4%+3.2% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone47.6%

Public transit5.9%

Worked from home27.9%

Other18.6%

Worked From Home

27.9%+10.1% YoY

Mean Commute

20.61+0.6% YoY

Units & Tenure

Total Housing Units

74,822+1.0% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 74,822

75Kunits

Occupied69,97693.5%

Vacant4,8466.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 69,976

70Khouseholds

Owner37,29553.3%

Renter32,68146.7%

Avg Household Size — Owner

2.39+0.2% YoY

Avg Household Size — Renter

2.10+0.3% YoY

County Demographics

County population is up 0.4% to 369,822: residents under 18 are down 0.3% and those 65 and over are up 3.6%.

Median Age

35.02024

Population

Washtenaw County Population

373,875+0.9% YoY

Households

Total Households

150,550+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.33-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 369,822

370Kresidents

Under 1867,47418.2%

Adults 18–64244,10666.0%

65 & Over58,24215.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

67,474-0.3% YoY

Population 65 & Over

58,242+3.6% YoY

Median Age

35.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house79.2%

Moved (within US)19.4%

Other1.4%

Veterans

4.0%-4.8% YoY

County Economy

County median household income is $89K, 14.2% of residents are below the poverty level, 22.6% work from home.

Income

Median Household Income

$89K+2.3% YoY

Per-Capita Income

$53K+1.9% YoY

Mean Household Income

$125K+1.5% YoY

Poverty

Below Poverty Level

14.2%+2.9% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.4%

Public transit3.7%

Worked from home22.6%

Other14.3%

Worked From Home

22.6%+11.3% YoY

Mean Commute

23.50+0.4% YoY

Done with Ann Arbor? Put it next to another market.