39Alpha

Ann Arbor, MI metro area Housing Market Brief

metro · MI · score computed October 2026

Buyer's

What is Ann Arbor, MI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●35
Inventory Health25%
●51

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●24
Economic Strength20%
+2.050
Rental Yield15%
●28

Where is Ann Arbor, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Ann Arbor, MI metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Ann Arbor, MI metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Ann Arbor, MI metro area housing market data

MetricValueYoYSource
Median Sale Price$409K▼ -7%Redfin
Median Days on Market41 days▼ -2.4%Redfin
Months of Supply4.2▲ +35.5%Redfin
Homes for Sale1,149▲ +16.8%Redfin
Homes Sold276▼ -12.7%Redfin
Median Price / Sq Ft$201▼ -6.7%Redfin

How has Ann Arbor, MI metro area’s Alpha Score moved?

Now: 39
2-period trend
Median sale price · 12 mo

Markets like Ann Arbor, MI metro area

Frequently asked questions

Is Ann Arbor, MI metro area a buyer's or seller's market?

In the scores computed October 2026, Ann Arbor, MI metro area is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Ann Arbor, MI metro area?

The median sale price in Ann Arbor, MI metro area is $409K, having fallen 7% over the past year, according to Redfin.

How affordable is Ann Arbor, MI metro area?

Ann Arbor, MI metro area scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Ann Arbor, MI metro area's Alpha Score?

Ann Arbor, MI metro area's strongest dimension is Inventory Health (51/100) and its weakest is Affordability (24/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Ann Arbor, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.