Top 10 team worldwide — as ranked by The Wall Street Journal & RealTrends
(248) 937-1337
Home · Communities · Ann Arbor

Washtenaw County · Michigan

Ann Arbor

300+Active Listings
~$500KMedian Sale Price
~50KU-M Students
DailyMLS Updates
Location

Where is Ann Arbor?

The anchor of Washtenaw County — 45 minutes west of Detroit and the westernmost core market the MARK Z team serves.

~30 minto Novi (Z Office)via M-14 / I-275 North
~25 minto DTW Airportvia US-23 / I-94 East
~45 minto Downtown Detroitvia M-14 / I-96 East
~20 minto Plymouthvia M-14 East
Tree Town

Michigan’s Storied College Town

Ann Arbor is the University of Michigan’s hometown and one of the most consistently in-demand housing markets in the Midwest. The city wraps a walkable downtown of bookstores, theaters, and award-winning restaurants around a campus of roughly 50,000 students — and its neighborhoods deliver everything from 1890s Victorians on the Old West Side to Craftsman bungalows in Burns Park and mid-century modern homes in Ann Arbor Hills.

The economy runs deeper than football Saturdays. The university and Michigan Medicine anchor tens of thousands of jobs, and a dense tech and research corridor — from downtown startups to the automotive R&D campuses along US-23 and M-14 — keeps demand steady in every season. That employment base is why Ann Arbor’s median sale price, around $500K, leads the Metro Detroit region.

For buyers, the playbook matters here more than almost anywhere in the metro: inventory is chronically tight, well-priced homes draw multiple offers, and the student-rental market adds an investment layer most suburbs don’t have. The MARK Z team covers Washtenaw County as one of its four core counties and brings Metro Detroit-scale negotiating volume to a market where preparation wins.

~115KPopulation
~28Median Age
~$80KMedian Household Income
~49KHouseholds
~45%Homeownership Rate

Source: U.S. Census Bureau, ACS estimates (approx., rounded)

Why Ann Arbor

What makes it special.

The University of Michigan

A top-ranked public university and Michigan Medicine health system in the middle of town — the steady employment and research engine behind one of the state’s most resilient housing markets.

Downtown & Kerrytown

Main Street dining, the State Street and Nickels Arcade shops, and Kerrytown’s market district with the Ann Arbor Farmers Market and Zingerman’s Deli — all walkable from close-in neighborhoods.

The Big House

Michigan Stadium seats more than 107,000 — the largest in the country — and turns fall Saturdays into a citywide event that neighborhoods like Burns Park experience from their front porches.

The Huron River

A ribbon of parkland runs the length of the city — Argo and Gallup canoe liveries, Barton Pond, and the Border-to-Border Trail connecting it all by bike.

Tree Town Neighborhoods

Ann Arbor’s nickname is earned: mature oak and maple canopies over sidewalk neighborhoods, with 160+ city parks tucked between them.

Investment Depth

A ~50,000-student university and a major hospital system create rental demand that few Midwest cities match — from licensed student rentals near campus to long-term holds in condo buildings downtown.

Neighborhoods

Neighborhoods of Ann Arbor.

Price ranges are approximate and move with the market — ask the team for current block-level comps.

Kerrytown
$500K–$1M+
Historic · Market District
Old West Side
$500K–$900K
Victorians · Walkable
Burns Park
$600K–$1.2M
Craftsman · Near Campus
Water Hill
$400K–$700K
Eclectic · Hillside
Ann Arbor Hills
$700K–$1.5M+
Mid-Century · Estates
Barton Hills area
$800K–$2M+
Wooded · River Views
Arboretum / Oxbridge
$500K–$900K
Nichols Arb-Adjacent
Downtown
$400K–$1M+
Condos · Lofts
Eberwhite
$450K–$750K
Tree-Lined · Bungalows
Lower Burns Park
$450K–$800K
Classic · Sidewalks
Northside
$350K–$650K
Argo Pond · Trails
Dicken
$400K–$650K
West Side · Ranches
~50KU-M Students
107K+Big House Seats
160+City Parks
1824Year Founded
28Square Miles
Live MLS Data

Ann Arbor homes for sale.

Twelve newest listings, straight from the MLS — updated continuously.

Know Before You Buy

Ownership costs in Ann Arbor.

Property typeTypical feesNotes
Downtown condos & lofts$300–$700 /moElevator buildings near Main St & campus; usually includes water and master insurance
Co-op townhomes (Colonial Square, Geddes Lake)$500–$900 /moCo-op fees often bundle taxes and maintenance — ask exactly what’s included
Condo & townhome associations$250–$500 /moCommon on the south and east sides; verify reserves and any special assessments
Newer subdivisions (far east & south side)$100–$1,200 /yrTypical suburban-Michigan HOA range covering common areas and entrances
Single-family in core neighborhoodsNoneMost of Burns Park, the Old West Side, and Water Hill carry no HOA at all

Worth knowing

  • Every rental property in Ann Arbor requires a city rental license and periodic inspection — a key line item for student-rental investors to underwrite before closing.
  • Michigan bills property taxes in summer and winter installments, and owner-occupants should file the Principal Residence Exemption (PRE) — non-homestead property (including rentals) pays roughly 18 mills more, a bigger swing in Ann Arbor than in most suburbs.
  • The Old West Side is a designated historic district — exterior changes go through historic review, which also helps protect long-term values.
Parks & Recreation

Parks & green space in Ann Arbor.

Gallup Park

69 acres
3000 Fuller Rd, Ann Arbor, MI 48105
  • Huron River canoe & kayak livery
  • Border-to-Border Trail hub
  • Playgrounds and picnic shelters

Nichols Arboretum

123 acres
1610 Washington Heights, Ann Arbor, MI 48104
  • “The Arb” — U-M’s riverside arboretum
  • Peony garden blooms each June
  • Shakespeare in the Arb summers

County Farm Park

141 acres
2230 Platt Rd, Ann Arbor, MI 48104
  • Perennial gardens & prairie meadows
  • Paved loop trails
  • Britton Woods old-growth stand

Hudson Mills Metropark

1,500+ acres
8801 N Territorial Rd, Dexter, MI 48130
  • 15 minutes northwest along the Huron
  • Disc golf, bike trail & canoe access
  • One Metropark pass covers 13 parks
Education

Schools in and around Ann Arbor.

SchoolGradesDistrict / Type
Pioneer High School9–12Ann Arbor Public Schools
Huron High School9–12Ann Arbor Public Schools
Skyline High School9–12Ann Arbor Public Schools
Community High School9–12Ann Arbor Public Schools

School attendance zones are address-specific and change over time. Always verify enrollment eligibility directly with the school or district before making a purchase decision. School information is provided for convenience only and is not a guarantee of enrollment.

Keep Exploring

Communities near Ann Arbor.

YpsilantiFrom $200KCollege-town energy at a lower entry price, ten minutes east on Washtenaw Ave.
SalineFrom $350KSmall-town Main Street and newer subdivisions ten minutes south on US-12.
DexterFrom $400KVillage downtown on the Huron River with direct Border-to-Border Trail access.
PlymouthFrom $350KWalkable downtown built around Kellogg Park, 20 minutes east via M-14.
CantonFrom $300KNewer subdivisions and townhomes on the corridor between Ann Arbor and Detroit.
NoviFrom $350KRetail hub of western Oakland County — and home base of the Z office on 12 Mile Rd.
Straight Answers

Ann Arbor buyer questions, answered.

What is the median home price in Ann Arbor?
The median sale price in Ann Arbor is approximately $500,000 — the highest of Metro Detroit’s major cities. The spread is wide: condos and outlying ranches start in the $300Ks, while Burns Park, Ann Arbor Hills, and the Barton Hills area regularly trade from $700K well past $1.5M. Tight inventory keeps pressure on every price band.
Is Ann Arbor a good place to buy investment property?
Ann Arbor is one of the strongest rental markets in the Midwest because roughly 50,000 University of Michigan students plus Michigan Medicine staff create year-round demand. The trade-off is a professionalized market: every rental needs a city license and inspections, and cap rates near campus are tighter than in surrounding towns. The MARK Z team helps investors underwrite licensing, taxes, and rent comps before writing an offer.
How does the University of Michigan affect the housing market?
U-M is the market. The university and its health system anchor employment, faculty and staff relocations arrive every academic cycle, and the student population supports an entire rental submarket within a mile of the Diag. That demand base is why Ann Arbor values have historically held firmer through downturns than almost anywhere else in Michigan.
What are the best neighborhoods in Ann Arbor?
It depends on the house you want. Burns Park and the Old West Side lead for historic Craftsman and Victorian homes within walking distance of downtown; Ann Arbor Hills offers mid-century homes on large wooded lots; Water Hill and Kerrytown put you closest to the Farmers Market; and the far east and south sides carry the newest construction and most attainable prices.
Are property taxes high in Ann Arbor?
Ann Arbor’s millage is on the higher side for the metro, and Michigan’s homestead rules magnify the difference: owner-occupants with a Principal Residence Exemption pay roughly 18 mills less than non-homestead owners such as landlords. Always model taxes on the post-sale taxable value, not the seller’s current bill — uncapping at closing can raise it substantially.
How competitive is the Ann Arbor housing market?
Very. Inventory runs chronically low, and well-priced homes in the core neighborhoods routinely see multiple offers within the first weekend, especially in spring. Winning here usually comes down to preparation — underwriting, appraisal-gap strategy, and clean terms — which is where the MARK Z team’s volume across thousands of Metro Detroit negotiations pays off.
Do you need a license to rent out a house in Ann Arbor?
Yes. Ann Arbor requires a rental housing license and a certificate of compliance for every non-owner-occupied unit, renewed through periodic city inspections. Budget for the inspection cycle and any required repairs when you evaluate a student-rental purchase.
Does the MARK Z team cover Ann Arbor?
Yes — Washtenaw County is one of the team’s four core counties alongside Wayne, Oakland, and Macomb. The team handles Ann Arbor purchases, sales, and investment properties, and the Guaranteed Sold Program applies here just like everywhere else in Metro Detroit.
The Life

Game days & gallery nights.

Living in Ann Arbor means 100,000 people streaming toward the Big House on a fall Saturday, then a quiet Sunday paddle from Argo to Gallup on the Huron. The cultural calendar runs all year — the Ann Arbor Art Fair each July, the Michigan Theater’s marquee glowing over State Street, UMS performances that draw world-class artists to a college town.

Food is a civic sport here: Zingerman’s Deli in Kerrytown, James Beard-recognized kitchens off Main Street, and the Wednesday-and-Saturday Farmers Market feeding it all. Add 160+ parks and the Border-to-Border Trail, and most residents are minutes from water, woods, or a stage.

  • Michigan Stadium — 107,000+ on football Saturdays
  • Kerrytown — Farmers Market, shops & Zingerman’s Deli
  • Ann Arbor Art Fair — one of the nation’s largest, each July
  • Nichols Arboretum — peony garden & Huron River trails
  • Main Street & State Street — dining, theaters, Nickels Arcade
Make Your Move

Ready to find your Ann Arbor home?

Buying, selling, or investing in Ann Arbor — the team that closes more Metro Detroit homes than anyone is one call away.