The Downtown Ann Arbor housing market is somewhat competitive. The median sale price of a home in Downtown Ann Arbor was $555K last month, up 62.7% since last year. The median sale price per square foot in Downtown Ann Arbor is $525, up 22.1% since last year.
What is the housing market like in Downtown Ann Arbor today?
In January 2025, Downtown Ann Arbor home prices were up 62.7% compared to last year, selling for a median price of $555K. On average, homes in Downtown Ann Arbor sell after 39 days on the market compared to 53 days last year. There were 6 homes sold in January this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,250
+62.7% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Ann Arbor, MI
$555,250
+62.7%
United States
To compare other locations to the Downtown 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.
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Work with the best agents in Downtown Ann Arbor
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How hot is the Downtown Ann Arbor housing market?
Downtown Ann Arbor is somewhat competitive. Homes sell in 45 days.
0
100
65
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 18 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.4%
+0.02 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Ann Arbor, MI
98.4%
+0.02 pt
United States
View houses in Downtown Ann Arbor that sold recently
Learn about schools in the Downtown Ann Arbor area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Downtown Ann Arbor housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Ann Arbor.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Ann Arbor has a minor risk of flooding. 87 properties in Downtown Ann Arbor are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Downtown Ann Arbor. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Ann Arbor has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Ann Arbor is most at risk from tornadoes. 795 properties in Downtown Ann Arbor have some risk of being in a severe wind event within the next 30 years.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Ann Arbor has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Ann Arbor have a Moderate Heat Factor®.
Downtown Ann Arbor is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Downtown Ann Arbor is expected to experience 7