Market Intelligence Report — MI-460

Ann Arbor, MI

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

Ref. No: 2026-MI-08
As of the latest 2026 data
Stabilizing

Median Listing

$465K
-7.2% YoY

Pending Ratio

0.52
-11.8% YoY

Active Inventory

889
+22.6% YoY

Median DOM

39 Days
-2.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing 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 in a Stabilizing condition, evidenced by a pending ratio of 0.52. While active listings have increased significantly by 22.6% over the past year, median listing prices have seen a decline of 7.2% year-over-year.

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

4.2%-0.7 pp YoY

Unemployment rate · Jul 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.

Inventory levels have expanded considerably, with active listings rising by 22.6% over the past year. Concurrently, the pending ratio has decreased by 11.8% year-over-year to 0.52, indicating a moderation in demand relative to available supply. Median listing prices have experienced a contraction of 7.2% over the past year, while median days on market have seen a slight decrease of 2.5% in the same period. New listings have remained flat year-over-year.

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

$465K-5.4% MoM

Active Inventory

889+22.6% YoY

Days on Market

39-2.5% YoY

Sold Score™

61-11.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

61
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The expansion in active inventory coupled with the decline in the pending ratio suggests that market participants are experiencing a recalibration of pricing expectations. While the pace of transactions has seen some reduction in buyer urgency, the current supply levels necessitate a continued focus on price discipline from sellers. Overall, the market indicates a more balanced environment, requiring thoughtful negotiation from both sides.

Luxury Segment

The luxury segment in Ann Arbor exhibits some signs of softening, with the average listing price decreasing by 4.6% over the past year, while the median listing price declined by 7.2% year-over-year. This indicates a widening spread between average and median pricing tiers, suggesting increased price sensitivity at the higher end of the market.

Supply Dynamics

889 active listings represent the current floor, with new supply arriving at roughly 384 per month.

Pricing Pressure
18.4%

of active listings carry a price reduction, +2.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.5% year-over-year.

Absorption
0.52

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Ann Arbor, MI? Inventory is up 23% from last year.

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

Buyer Demand Index
52%
Median Days on Market
39 days
Inventory YoY
+23%

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 →

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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

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

    As of the latest 2026 data, the Ann Arbor metro is classified as Stabilizing. Pending ratio is 0.52 with median days on market at 39.

  • Are home prices dropping in Ann Arbor?+

    Median listing price is $465K, -7.2% year over year. 18.4% of active listings carry a price reduction.

  • How fast are homes selling in Ann Arbor?+

    The typical listing sits 39 days on market, a -2.5% change YoY. New listings are arriving at 384 per month.

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

    The luxury segment in Ann Arbor exhibits some signs of softening, with the average listing price decreasing by 4.6% over the past year, while the median listing price declined by 7.2% year-over-year. This indicates a widening spread between average and median pricing tiers, suggesting increased price sensitivity at the higher end of the market.

  • 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