The North Area housing market is somewhat competitive. The median sale price of a home in North Area was $474K last month, down 18.7% since last year. The median sale price per square foot in North Area is $543, up 46.2% since last year.
What is the housing market like in North Area today?
In October 2024, North Area home prices were down 18.7% compared to last year, selling for a median price of $474K. On average, homes in North Area sell after 60 days on the market compared to 35 days last year. There were 4 homes sold in October this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$473,500
-18.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
North Area, MI
$473,500
-18.7%
United States
To compare other locations to the North Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Ann Arbor add value to a home.
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How hot is the North Area housing market?
North Area is somewhat competitive. Homes sell in 38 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 38 days.
Hot homes
can sell for about 7% above list price and go pending in around 26 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Area.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Area has a minor risk of flooding. 48 properties in North Area are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in North Area. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Area has a moderate risk of wildfire. There are 82 properties in North Area that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in North Area.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
North Area has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Area is most at risk from tornadoes. 1,195 properties in North Area have some risk of being in a severe wind event within the next 30 years.