The Central Ann Arbor housing market is somewhat competitive. The median sale price of a home in Central Ann Arbor was $540K last month, down 3.8% since last year. The median sale price per square foot in Central Ann Arbor is $419, down 12.4% since last year.
What is the housing market like in Central Ann Arbor today?
In March 2024, Central Ann Arbor home prices were down 3.8% compared to last year, selling for a median price of $540K. On average, homes in Central Ann Arbor sell after 31 days on the market compared to 60 days last year. There were 29 homes sold in March this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$540,000
-3.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Ann Arbor, MI
$540,000
-3.8%
United States
To compare other locations to the Central Ann Arbor 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Central Ann Arbor housing market?
Central Ann Arbor is somewhat competitive. Homes sell in 26 days.
0
100
66
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 26 days.
Hot homes
can sell for about 3% above list price and go pending in around 12 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.1%
+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
Central Ann Arbor, MI
100.1%
+1.8 pt
United States
Home offer insights for Central Ann Arbor
Explore recent offers and recently sold homes in Central Ann Arbor
Recent offers
View houses in Central Ann Arbor that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Bach Elementary School
Public • K-5
379
Students
7 reviews
8/10
Ann Arbor Open At MacK School
Public • K-8
521
Students
12 reviews
8/10
Angell School
Public • K-5
351
Students
12 reviews
8/10
Eberwhite School
Public • K-5
383
Students
11 reviews
7/10
Burns Park Elementary School
Public • K-5
535
Students
8 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 Central Ann Arbor housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Ann Arbor.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Ann Arbor has a moderate risk of flooding. 503 properties in Central Ann Arbor are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Central Ann Arbor. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Ann Arbor has a minor risk of wildfire. There are 114 properties in Central Ann Arbor that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Central Ann Arbor.
Central Ann Arbor has minimal risk of severe winds over the next 30 years
Wind Factor
Central Ann Arbor has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
96% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Central Ann Arbor has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Central Ann Arbor have a Moderate Heat Factor®.
Central Ann Arbor is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Central Ann Arbor is expected to experience 7