Ann Arbor, MI Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Ann Arbor, MI.

Average buy price
$305.00 / sqft

Typical residential purchase price per square foot.

Average rent
$2.30 / sqft / month

Monthly rent per square foot.

Median home price
$484,710

Estimated median residential sale price.

Median monthly rent
$1,900

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 10.1% over the last 5 years.

Rent price development

Rent prices have increased by about 25.6% over the last 5 years.

Submitted values in Ann Arbor

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-03 Rent condo $2.78 / sqft 760 sqft $2,113 Pittsfield Village 48104
2026-07-02 Buy loft $478.00 / sqft 905 sqft $432,590 Main Street 48104
2026-06-22 Rent luxury apartment $3.95 / sqft 860 sqft $3,397 Kerrytown 48104
2026-06-22 Buy duplex $264.00 / sqft 2,100 sqft $554,400 Water Hill 48103
2026-06-21 Buy townhouse $330.00 / sqft 1,810 sqft $597,300 Arbor Hills 48105
2026-06-19 Buy single-family home $295.00 / sqft 1,520 sqft $448,400 Georgetown 48108
2026-06-18 Rent apartment $2.98 / sqft 820 sqft $2,444 Northside 48105
2026-06-17 Buy single-family home $333.00 / sqft 1,840 sqft $612,720 Haisley 48103
2026-06-15 Buy townhouse $300.00 / sqft 1,560 sqft $468,000 Northside 48105
2026-06-12 Rent duplex $1.85 / sqft 1,450 sqft $2,683 Lakewood 48103
2026-06-09 Rent duplex $2.20 / sqft 1,180 sqft $2,596 Old West Side 48103
2026-06-08 Buy townhouse $318.00 / sqft 1,425 sqft $453,150 Briarwood 48108
2026-06-07 Rent single-family home $1.72 / sqft 2,200 sqft $3,784 Glacier Highlands 48105
2026-06-07 Rent single-family home $1.94 / sqft 1,700 sqft $3,298 Dicken 48103
2026-06-06 Rent townhouse $1.96 / sqft 1,825 sqft $3,577 Bryant Pattengill East 48108
2026-06-05 Buy condo $390.00 / sqft 725 sqft $282,750 Downtown 48104
2026-06-04 Rent townhouse $1.88 / sqft 1,600 sqft $3,008 Stone School 48108
2026-06-02 Rent condo $2.36 / sqft 1,040 sqft $2,454 Arbor Hills 48105
2026-06-02 Buy condo $446.00 / sqft 840 sqft $374,640 Kerrytown 48104
2026-05-30 Buy multi-family home $238.00 / sqft 3,600 sqft $856,800 West Park 48103
2026-05-29 Rent apartment $2.12 / sqft 1,085 sqft $2,300 Stone School 48108
2026-05-28 Rent apartment $3.65 / sqft 465 sqft $1,697 South University 48104
2026-05-23 Buy single-family home $360.00 / sqft 2,250 sqft $810,000 Angell 48104
2026-05-17 Rent luxury apartment $4.45 / sqft 540 sqft $2,403 Downtown 48104
2026-05-16 Buy single-family home $348.00 / sqft 3,450 sqft $1,200,600 Angell 48104
2026-05-14 Buy loft $520.00 / sqft 1,120 sqft $582,400 Downtown 48104
2026-05-13 Rent townhouse $2.08 / sqft 1,380 sqft $2,870 Georgetown 48108
2026-05-12 Rent luxury apartment $4.60 / sqft 650 sqft $2,990 South University 48104
2026-05-10 Rent apartment $3.10 / sqft 575 sqft $1,783 Old Fourth Ward 48104
2026-05-10 Buy single-family home $375.00 / sqft 1,950 sqft $731,250 Burns Park 48104
2026-05-10 Buy single-family home $344.00 / sqft 1,280 sqft $440,320 Old West Side 48103
2026-05-10 Buy single-family home $286.00 / sqft 3,200 sqft $915,200 King 48105
2026-05-05 Rent apartment $2.56 / sqft 790 sqft $2,022 West Park 48103
2026-05-03 Rent apartment $2.85 / sqft 710 sqft $2,024 Broadway 48105
2026-05-02 Buy single-family home $289.00 / sqft 2,350 sqft $679,150 Thurston 48105
2026-05-01 Buy townhouse $355.00 / sqft 1,320 sqft $468,600 Lower Burns Park 48104
2026-05-01 Buy single-family home $312.00 / sqft 2,725 sqft $850,200 Eberwhite 48103
2026-05-01 Buy condo $335.00 / sqft 1,185 sqft $396,975 North Campus 48105
2026-04-29 Rent multi-family home $2.04 / sqft 1,340 sqft $2,734 Old West Side 48103
2026-04-25 Buy duplex $252.00 / sqft 2,450 sqft $617,400 Water Hill 48103
2026-04-25 Buy single-family home $286.00 / sqft 4,100 sqft $1,172,600 Geddes 48105
2026-04-24 Rent luxury apartment $3.55 / sqft 1,200 sqft $4,260 Downtown 48104
2026-04-24 Buy single-family home $405.00 / sqft 1,675 sqft $678,375 Burns Park 48104
2026-04-21 Buy condo $362.00 / sqft 975 sqft $352,950 Old Fourth Ward 48104
2026-04-19 Rent single-family home $1.58 / sqft 2,380 sqft $3,760 Haisley 48103
2026-04-17 Buy condo $415.00 / sqft 690 sqft $286,350 Kerrytown 48104
2026-04-12 Rent condo $2.42 / sqft 980 sqft $2,372 Pittsfield Village 48104
2026-04-10 Rent apartment $2.18 / sqft 930 sqft $2,027 Briarwood 48108
2026-04-09 Rent apartment $2.72 / sqft 625 sqft $1,700 North Campus 48105
2026-04-06 Rent loft $4.25 / sqft 610 sqft $2,593 Downtown 48104
2025-10-10 Rent duplex $2.55 / sqft / month 1,150 sqft $2,933 Old West Side 48103
2025-05-23 Buy single-family home $315.00 / sqft 2,150 sqft $677,250 Haisley 48103
2024-09-06 Rent apartment $3.15 / sqft / month 560 sqft $1,764 South University 48104
2024-04-19 Buy condo $325.00 / sqft 1,040 sqft $338,000 Old Fourth Ward 48104
2023-12-01 Rent single-family home $2.05 / sqft / month 1,900 sqft $3,895 Eberwhite 48103
2023-10-06 Buy townhouse $276.00 / sqft 1,720 sqft $474,720 Northside 48105
2023-08-18 Rent luxury apartment $3.18 / sqft / month 820 sqft $2,608 Downtown 48104
2023-05-12 Buy single-family home $302.00 / sqft 1,650 sqft $498,300 Lower Burns Park 48104
2022-12-12 Rent townhouse $1.94 / sqft / month 1,450 sqft $2,813 Georgetown 48108
2022-11-04 Buy condo $310.00 / sqft 900 sqft $279,000 Downtown 48104
2022-08-31 Rent apartment $2.62 / sqft / month 675 sqft $1,769 Kerrytown 48104
2022-06-08 Buy single-family home $285.00 / sqft 2,300 sqft $655,500 Thurston 48105
2021-09-17 Rent duplex $2.03 / sqft / month 1,300 sqft $2,639 Water Hill 48103
2021-05-26 Buy condo $286.00 / sqft 1,180 sqft $337,480 Kerrytown 48104
2020-11-02 Rent apartment $2.40 / sqft / month 620 sqft $1,488 North Campus 48105
2020-07-14 Buy single-family home $260.00 / sqft 1,800 sqft $468,000 Old West Side 48103
2019-08-23 Rent luxury apartment $2.75 / sqft / month 790 sqft $2,173 Downtown 48104
2019-05-30 Buy townhouse $248.00 / sqft 1,500 sqft $372,000 Geddes 48105
2018-10-19 Rent single-family home $1.65 / sqft / month 1,600 sqft $2,640 Haisley 48103
2018-04-13 Buy single-family home $228.00 / sqft 2,520 sqft $574,560 King 48105
2017-09-01 Rent apartment $2.18 / sqft / month 700 sqft $1,526 South University 48104
2017-06-23 Buy condo $233.00 / sqft 940 sqft $219,020 Downtown 48104
2016-08-12 Rent condo $1.82 / sqft / month 1,100 sqft $2,002 Pittsfield Village 48104
2016-05-18 Buy single-family home $212.00 / sqft 2,050 sqft $434,600 Eberwhite 48103
2015-09-22 Rent townhouse $1.47 / sqft / month 1,280 sqft $1,882 Stone School 48108
2015-04-29 Buy multi-family home $145.00 / sqft 2,800 sqft $406,000 West Park 48103
2014-11-11 Rent apartment $1.54 / sqft / month 880 sqft $1,355 Northside 48105
2014-06-04 Buy single-family home $194.00 / sqft 1,760 sqft $341,440 Burns Park 48104
2013-08-28 Rent luxury apartment $2.05 / sqft / month 760 sqft $1,558 Downtown 48104
2013-05-15 Buy condo $188.00 / sqft 1,020 sqft $191,760 Old Fourth Ward 48104
2012-09-07 Rent duplex $1.35 / sqft / month 980 sqft $1,323 Water Hill 48103
2012-04-20 Buy townhouse $163.00 / sqft 1,360 sqft $221,680 Briarwood 48108
2011-10-01 Rent apartment $1.42 / sqft / month 555 sqft $788 Kerrytown 48104
2011-06-10 Buy single-family home $149.00 / sqft 2,200 sqft $327,800 Thurston 48105
2010-08-05 Rent single-family home $0.98 / sqft / month 1,850 sqft $1,813 Georgetown 48108
2010-05-21 Buy single-family home $144.00 / sqft 1,480 sqft $213,120 Dicken 48103
2009-09-14 Rent apartment $1.10 / sqft / month 690 sqft $759 North Campus 48105
2009-04-08 Buy condo $138.00 / sqft 870 sqft $120,060 Pittsfield Village 48104
2008-11-03 Rent condo $1.29 / sqft / month 1,025 sqft $1,322 Arbor Hills 48105
2008-06-27 Buy single-family home $155.00 / sqft 1,950 sqft $302,250 Bryant Pattengill East 48108
2007-08-17 Rent duplex $1.22 / sqft / month 1,150 sqft $1,403 Old West Side 48103
2007-03-23 Buy townhouse $172.00 / sqft 1,580 sqft $271,760 Geddes 48105
2006-10-02 Rent luxury apartment $1.67 / sqft / month 780 sqft $1,303 Downtown 48104
2006-07-18 Buy single-family home $151.00 / sqft 2,600 sqft $392,600 Lakewood 48103
2005-09-09 Rent apartment $1.32 / sqft / month 720 sqft $950 South University 48104
2005-04-15 Buy condo $176.00 / sqft 1,250 sqft $220,000 Downtown 48104
2004-08-30 Rent townhouse $1.06 / sqft / month 1,320 sqft $1,399 Stone School 48108
2004-05-06 Buy single-family home $162.00 / sqft 1,680 sqft $272,160 Angell 48104
2003-11-19 Rent condo $1.21 / sqft / month 950 sqft $1,150 Pittsfield Village 48104
2003-06-13 Buy duplex $121.00 / sqft 2,100 sqft $254,100 Water Hill 48103
2002-10-07 Rent apartment $1.08 / sqft / month 840 sqft $907 North Campus 48105
2002-04-26 Buy single-family home $142.00 / sqft 2,250 sqft $319,500 King 48105
2001-08-01 Rent single-family home $0.89 / sqft / month 1,700 sqft $1,513 Haisley 48103
2001-05-11 Buy condo $147.00 / sqft 980 sqft $144,060 West Park 48103
2000-09-18 Rent apartment $1.15 / sqft / month 610 sqft $702 Kerrytown 48104
2000-06-09 Buy single-family home $136.00 / sqft 1,850 sqft $251,600 Lower Burns Park 48104
1999-12-03 Rent duplex $0.98 / sqft / month 900 sqft $882 Old Fourth Ward 48104
1999-03-16 Buy townhouse $124.00 / sqft 1,450 sqft $179,800 Briarwood 48108
1998-08-24 Rent apartment $0.92 / sqft / month 760 sqft $699 Broadway 48105
1998-05-27 Buy single-family home $128.00 / sqft 1,620 sqft $207,360 Eberwhite 48103
1997-10-10 Rent loft $1.05 / sqft / month 700 sqft $735 Downtown 48104
1997-04-04 Buy condo $118.00 / sqft 1,100 sqft $129,800 North Campus 48105
1996-07-21 Rent single-family home $0.70 / sqft / month 1,550 sqft $1,085 Northside 48105
1996-02-28 Buy single-family home $97.00 / sqft 2,400 sqft $232,800 Dicken 48103
1995-09-05 Rent apartment $0.95 / sqft / month 520 sqft $494 Kerrytown 48104
1995-05-19 Buy single-family home $105.00 / sqft 1,350 sqft $141,750 Burns Park 48104
1994-08-15 Rent townhouse $0.72 / sqft / month 1,200 sqft $864 Georgetown 48108
1994-03-30 Buy single-family home $88.00 / sqft 2,100 sqft $184,800 Thurston 48105
1993-11-12 Rent duplex $0.69 / sqft / month 1,050 sqft $725 Water Hill 48103
1993-06-22 Buy condo $92.00 / sqft 920 sqft $84,640 Pittsfield Village 48104
1992-09-01 Rent apartment $0.78 / sqft / month 650 sqft $507 South University 48104
1992-04-17 Buy single-family home $83.00 / sqft 1,780 sqft $147,740 Old West Side 48103

Housing market overview for Ann Arbor, MI

The real estate market in Ann Arbor, MI can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $305.00 / sqft and an average rent of $2.30 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Ann Arbor?

The average residential buy price in Ann Arbor, MI is $305.00 / sqft based on the current values available on this page.

How much is rent per square foot in Ann Arbor?

The average rental price in Ann Arbor, MI is $2.30 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Ann Arbor increasing?

Buy prices have increased by about 10.1% over the last 5 years. Rent prices have increased by about 25.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.