Is Ann Arbor, MI 48113 a buyer’s or seller’s market?
Ann Arbor is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Ann Arbor housing market right now
In the three months ending August 31, 2026, 0% of homes in Ann Arbor, MI 48113 sold above their list price and the typical home went under contract in 271 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (49 days then) and the median sale price rose 4% to $244,894. Overall, Ann Arbor is less competitive than a year ago, which gives buyers more room.
Run the numbers for 48113
Where Ann Arbor is
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Questions about Ann Arbor real estate
How fast do homes sell in Ann Arbor?
The typical home went under contract in 271 days in the latest three months.
Do homes in Ann Arbor sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What is the median home price in Ann Arbor?
The median sale price was $244,894 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology