April 16, 2024 10:20 pm

Local News

A Quick Look Into Home Prices in Ann Arbor

Credit: iStock

The housing market in Ann Arbor has stabilized so far in 2022. The market in the region is catching up with demand, and these trends are reflected in housing prices.

According to Redfin.com, In March 2022, Ann Arbor home prices were up 1.1% compared to last year, selling for a median price of $392K. 

On average, homes in Ann Arbor sell after 28 days on the market compared to 41 days last year. There were 128 homes sold in March this year, down from 168 last year.