Ann Arbor Real Estate

216 neighborhoods and communities

Active listings 534

Sold (past 12mo) 1,581

HFG +9.1%ⓘ

Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.

Your Ann Arbor Realtor

Alexander Munro

Broker of Record · MI License #6502405404

Direct-to-broker representation for buyers and sellers in Ann Arbor and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.

(734) 272-6612 [email protected]Full bio & credentials →

Explore by Area

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Featured Neighborhoods and Condos

Sections(6)

Downtown & Central

31 areas

17 active

West Side

58 areas

61 active

North Side

57 areas

125 active

East Side

47 areas

86 active

South Side

49 areas

72 active

Far West & Scio

22 areas

28 active

Neighborhoods(122)

16 active

Ann Arbor Hills

Median $1,349,450

12 active

Burns Park

Median $899,000

11 active

Water Hill

Median $599,999

10 active

Villas At Inglewood West

Median $499,990

5 active

Foxfire

Median $704,000

4 active

Arbor Hills

Median $540,000

4 active

Dhu Varren On The Park

Median $684,900

4 active

Kensington Farms

Median $396,450

4 active

Polo Fields

Median $937,500

4 active

Scioview Community

Median $942,602

4 active

Trailwoods Of Ann Arbor

Median $604,500

4 active

Woodland Mews

Median $189,900

Condo Communities(94)

26 active

North Oaks

Median $575,000

15 active

Tower Plaza

Median $238,000

13 active

Geddes Lake

Median $299,950

12 active

River House Condos

Median $293,000

9 active

Northside Glen Condos

Median $325,000

8 active

Heatherwood

Median $260,700

7 active

Walden Hills Summit View

Median $189,800

7 active

Weatherstone Condos

Median $266,500

6 active

Brentwood Square Condos

Median $354,450

5 active

Bristol Ridge

Median $474,999

5 active

Newport West Condos

Median $435,000

5 active

Northbury

Median $460,000

Frequently Asked Questions about Ann Arbor

How many homes are for sale in Ann Arbor?

Buyers in Ann Arbor can choose from 534 active listings. The median asking price is $509,000.

How much do homes cost in Ann Arbor?

Based on 1,581 sales in the past year, homes in Ann Arbor have a median price of $509,000.

How long do homes stay on the market in Ann Arbor?

Over the past year, homes in Ann Arbor spent an average of 64 days on market before selling.

What areas make up Ann Arbor?

There are 216 neighborhoods and condo communities in Ann Arbor. Popular areas include Ann Arbor Hills, Burns Park, Water Hill, Villas At Inglewood West, Foxfire, Arbor Hills. Of these, 94 are condo communities.

What schools are in Ann Arbor?

Ann Arbor is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Ann Arbor may be zoned for different districts. Check individual listings for the specific school district assignment.

What are market conditions like in Ann Arbor?

With 4.1 months of inventory, Ann Arbor is currently a balanced market. This is based on 534 active listings and 1,581 sales in the past 12 months.

How much are property taxes in Ann Arbor?

Michigan property taxes in Ann Arbor are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.

What does demographic data show about housing demand in Ann Arbor?

Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Ann Arbor is +9.1%. Shrinking household sizes (from 2.24 to 2.19 persons per household) have increased the number of households needing housing by 4,594 since 2009 — independent of the 6.6% population growth. This is a secondary demographic indicator, not a primary market measure.

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