Ann Arbor charter, MI Housing

The housing market in Ann Arbor charter township, MI is thriving. The median value of houses in this area is $697,100, significantly higher than the US median house value of $338,100. In the last year, the house appreciation rate in Ann Arbor charter township was 8.47%, which is slightly higher than the national average of 8.27%. This indicates that the housing market here has seen significant growth over the past year and shows promise for continued success in future years.

The median home cost in Ann Arbor charter is $697,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Ann Arbor charter is up 13.1%.

Average Age of Homes

- The median age of Ann Arbor charter real estate is 29 years old

The Rental Market in Ann Arbor charter

- Renters make up 26.9% of the Ann Arbor charter population
- 1.5% of houses and apartments in Ann Arbor charter, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ann Arbor charter, Michigan	United States
	2,073.0	139,647,020.0
	35	42
	$697,100	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$14.77	$10.98
	$7,924	$2,690
	64.6%	57.4%
	5.5%	11.2%
	29.9%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	3.1%	0.4%
	0.3%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.6%	4.5%
	0.1%	11.3%
	0.0%	13.0%
	4.4%	20.1%
	11.6%	13.6%
	25.2%	8.3%
	32.0%	9.7%
	10.8%	3.9%
	8.1%	2.2%
	1.9%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	2.7%	0.2%
	10.3%	13.6%
	10.3%	13.6%
	24.7%	13.6%
	22.0%	13.2%
	8.5%	14.8%
	24.7%	13.6%
	5.5%	10.0%
	5.8%	4.7%
	7.8%	12.2%

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