The median home value in Ann Arbor, MI is $480,000. This is higher than the county median home value of $340,000. The national median home value is $338,100. The average price of homes sold in Ann Arbor, MI is $480,000. Approximately 42.69% of Ann Arbor homes are owned, compared to 51.07% rented, while 6.24% are vacant. Ann Arbor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ann Arbor real estate agent to arrange a tour today!
Ann Arbor, Michigan has a population of 122,731. Ann Arbor is less family-centric than the surrounding county with 30.97% of the households containing married families with children. The county average for households married with children is 31.79%.
The median household income in Ann Arbor, Michigan is $73,276. The median household income for the surrounding county is $79,198 compared to the national median of $69,021. The median age of people living in Ann Arbor is 27.5 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 36 inches per year, with 43 inches of snow per year.