Market Intelligence Report — MI-460

Ann Arbor, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Cooling

Median Listing

$454K
-6.1% YoY

Pending Ratio

0.46
-13.4% YoY

Active Inventory

927
+25.1% YoY

Median DOM

48 Days
+14.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Ann Arbor market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Ann Arbor, MI.

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The Ann Arbor market is currently Cooling, characterized by a pending ratio of 0.46, indicating a moderated pace of demand absorption. Active listings have expanded by 25.1% year-over-year, contributing to a more ample supply environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.7%-0.1 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

370,214+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Ann Arbor market right now.

Active listings have seen a substantial year-over-year increase of 25.1%, bringing total available inventory to 927 units. Concurrently, new listings experienced a year-over-year contraction of 10.3%. The median listing price declined by 6.1% year-over-year, while the pending ratio contracted by 13.4% over the same period, reflecting a deceleration in transaction activity.

Erin Galinac
Erin Galinac
Independent

“Local pricing and inventory dynamics across Ann Arbor shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$454K-2.3% MoM

Active Inventory

927+25.1% YoY

Days on Market

48+14.5% YoY

Sold Score™

63-13.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as inventory levels rise and the pace of sales moderates. The increase in median days on market to 48, a 14.5% year-over-year increase, alongside a higher price-reduced share of 21.4%, suggests that sellers are experiencing increased pressure to adjust pricing expectations. This indicates a market with greater pricing discipline emerging.

Luxury Segment

The average listing price of $614,573 is notably higher than the median of $454,250, suggesting a segmentation within the market. While median $/sqft saw a modest 1.1% year-over-year increase, the significant spread between average and median prices points to continued activity or resilience at higher price tiers, preventing a broader softening in per-square-foot values across all segments.

Supply Dynamics

927 active listings represent the current floor, with new supply arriving at roughly 332 per month.

Pricing Pressure
21.4%

of active listings carry a price reduction, +4.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.1% year-over-year.

Absorption
0.46

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Ann Arbor, MI? Homes here are taking 6 days longer to sell than last year.

Ann Arbor, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
46%
Median Days on Market
48 days
Inventory YoY
+25%

Ann Arbor, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score →

Talk to a local listing expert covering Ann Arbor, MI.

Erin Galinac →

Independent

How these recommendations are chosen →

The Monthly Briefing

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Metro Demographics

Metro Area
Ann Arbor, MI
CBSA Code
11460
State
MI

ZIPs in Ann Arbor, MI

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

Need a real Ann Arbor expert on the phone?

Skip the search. Our vetted local practitioners know the Ann Arbor, MI micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.

Analysis FAQ
  • What is the current market condition in Ann Arbor?+

    As of the latest 2026 data, the Ann Arbor metro is classified as Cooling. Pending ratio is 0.46 with median days on market at 48.

  • Are home prices dropping in Ann Arbor?+

    Median listing price is $454K, -6.1% year over year. 21.4% of active listings carry a price reduction.

  • How fast are homes selling in Ann Arbor?+

    The typical listing sits 48 days on market, a +14.5% change YoY. New listings are arriving at 332 per month.

  • What's happening in the Ann Arbor luxury market?+

    The average listing price of $614,573 is notably higher than the median of $454,250, suggesting a segmentation within the market. While median $/sqft saw a modest 1.1% year-over-year increase, the significant spread between average and median prices points to continued activity or resilience at higher price tiers, preventing a broader softening in per-square-foot values across all segments.

  • Where can I find a trusted Ann Arbor real estate expert?+

    Primpted maintains a vetted registry of Ann Arbor agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 11460 · 36mo history