The North Area housing market is somewhat competitive. The median sale price of a home in North Area was $868K last month, up 82.8% since last year. The median sale price per square foot in North Area is $334, down 27.9% since last year.
What is the housing market like in North Area today?
In March 2024, North Area home prices were up 82.8% compared to last year, selling for a median price of $868K. On average, homes in North Area sell after 141 days on the market compared to 24 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$868,062
+82.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Area, MI
$868,063
+82.8%
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 37 days.
0
100
67
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 3% above list price and go pending in around 37 days.
Hot homes
can sell for about 10% above list price and go pending in around 27 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.1%
-1.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
North Area, MI
101.1%
-1.8 pt
United States
Home offer insights for North Area
Explore recent offers and recently sold homes in North Area
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Ann Arbor Open At MacK School
Public • K-8
521
Students
12 reviews
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.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Area has a moderate risk of flooding. 49 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.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Area has a moderate risk of wildfire. There are 174 properties in North Area that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in North Area.