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Ann Arbor, MI Housing

 
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As of 2006-2010, median price of a house in Ann Arbor is $240,400, which is much higher than the state average of $123,300 and is higher than the national average of $179,900. The Ann Arbor median house value has grown by 32.52% since 2000. The growth rate for the price of a house in Ann Arbor is higher than the state average rate of 6.66% and is lower than the national average rate of 50.42%. The median year that a house in Ann Arbor was built is 1968, which is about the same as the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsGross RentVehicle Available

House Value

Median Value of a Total of 19,904 Owner Occupied Houses in Ann Arbor, MI, #39
Ann Arbor, MI
225,700 USD
Michigan
123,300 USD
U.S.
179,900 USD
Median House Price Growth Since 2000, #209
Ann Arbor, MI
32.52%
Michigan
6.66%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010 data. View historical house value data.

Housing Occupancy

 Ann Arbor, MI%MichiganU.S.
Total Housing Units49,789, see rank100%4,532,233131,704,730
Occupied Housing Units47,06094.52%, see rank85.44%88.62%
Owner Occupied21,07842.33%, see rank61.63%57.69%
Renter Occupied25,98252.18%, see rank23.81%30.93%
Vacant Housing Units2,7295.48%, see rank14.56%11.38%
For Rent1,5073.03%, see rank3.13%3.14%
For Sale Only3590.72%, see rank1.70%1.44%
Rented or Sold, Not Occupied1560.31%, see rank0.54%0.48%
For Seasonal, Recreational, or Occasional Use2590.52%, see rank5.80%3.53%
For Migrant Workers00.00%, see rank0.04%0.02%
Other Vacant4480.90%, see rank3.34%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #214
Ann Arbor, MIMichiganU.S.
196819691975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010 data. View historical year structure built data.

Mortgage Status

 Ann Arbor, MI%MichiganU.S.
Owner-Occupied Units19,904100%2,769,47474,873,372
With a Mortgage13,67968.72%, see rank66.01%67.23%
Without a Mortgage6,22531.28%, see rank33.99%32.77%

*Based on 2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ann Arbor, MI
1,818 USD
Michigan
1,288 USD
U.S.
1,496 USD

Owner Costs Distribution
Monthly Owner CostsAnn Arbor, MI%MichiganU.S.
$299 or Less00.00%, see rank0.15%0.20%
$300 to $49900.00%, see rank2.18%1.85%
$500 to $6993282.40%, see rank6.78%5.47%
$700 to $9999016.59%, see rank19.56%14.91%
$1,000 to $1,4992,96821.70%, see rank34.60%27.80%
$1,500 to $1,9993,97229.04%, see rank20.21%19.99%
$2,000 to $2,9993,89028.44%, see rank12.53%19.07%
$3,000 or More1,62011.84%, see rank3.99%10.70%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ann Arbor, MI
24.30% of the Total Income
Michigan
24.60% of the Total Income
U.S.
25.10% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ann Arbor, MI%MichiganU.S.
10% or Less4503.29%, see rank4.32%4.75%
10% to 20%3,90628.55%, see rank30.26%28.79%
20% to 30%4,51132.98%, see rank28.65%28.13%
30% to 40%2,17615.91%, see rank14.48%15.08%
40% or More2,57518.82%, see rank21.76%22.74%

*Based on 2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Ann Arbor, MI
695 USD
Michigan
442 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsAnn Arbor, MI%MichiganU.S.
$199 or Less00.00%, see rank5.57%8.72%
$200 to $2992103.37%, see rank14.15%16.53%
$300 to $4991,13718.27%, see rank42.10%36.04%
$500 to $6991,81529.16%, see rank24.35%20.06%
$700 or More3,06349.20%, see rank13.83%18.66%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ann Arbor, MI
14.40% of the Total Income
Michigan
13.90% of the Total Income
U.S.
12.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ann Arbor, MI%MichiganU.S.
10% or Less2,07233.29%, see rank33.19%38.30%
10% to 20%2,50840.29%, see rank34.43%32.35%
20% to 30%83613.43%, see rank14.19%12.77%
30% to 40%3615.80%, see rank6.34%5.93%
40% or More4487.20%, see rank10.51%9.43%

*Based on 2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ann Arbor, MI%MichiganU.S.
Total Housing Units48,418100%4,531,231131,791,065
1-unit, Detached20,25441.83%, see rank71.59%61.43%
1-unit, Attached4,6419.59%, see rank4.53%5.81%
2 Units2,9686.13%, see rank2.84%3.83%
3 or 4 Units3,7107.66%, see rank2.60%4.44%
5 to 9 Units6,92414.30%, see rank4.19%4.81%
10 or More Units9,81420.27%, see rank8.73%13.04%
Mobile Home, Boat, RV, Van, etc.1070.22%, see rank5.50%6.64%

*Based on 2010 data. View historical units in structure data.

Rooms

 Ann Arbor, MI%MichiganU.S.
Total Housing Units48,418100%4,531,231131,791,065
1 Room1,0522.17%, see rank1.20%1.97%
2 Rooms2,2104.56%, see rank1.71%2.39%
3 Rooms6,81614.08%, see rank7.11%9.11%
4 Rooms11,05022.82%, see rank14.57%16.75%
5 Rooms8,38917.33%, see rank21.48%20.45%
6 Rooms4,89910.12%, see rank20.08%18.25%
7 Rooms4,6209.54%, see rank13.32%12.30%
8 Rooms3,8237.90%, see rank9.24%8.51%
9 Rooms or More5,55911.48%, see rank11.30%10.29%
Median Rooms4.90, see rank-5.705.50

*Based on 2010 data. View historical rooms data.

Bedrooms

 Ann Arbor, MI%MichiganU.S.
Total Housing Units48,418100%4,531,231131,791,065
No Bedroom1,4322.96%, see rank1.30%2.18%
1 Bedroom8,83518.25%, see rank9.16%11.25%
2 Bedrooms17,21035.54%, see rank26.75%26.95%
3 Bedrooms11,42123.59%, see rank43.81%39.67%
4 Bedrooms6,91314.28%, see rank15.51%15.80%
5 or More Bedrooms2,6075.38%, see rank3.47%4.14%

*Based on 2010 data. View historical bedrooms data.

Gross Rent

Monthly RentalAnn Arbor, MI%MichiganU.S.
Occupied Units Paying Rent22,887100%978,38337,521,157
$199 or Less1850.81%, see rank2.42%1.98%
$200 to $2995052.21%, see rank3.91%3.31%
$300 to $4991,3095.72%, see rank11.61%9.08%
$500 to $6993,02013.20%, see rank27.39%19.05%
$700 to $9998,11235.44%, see rank33.87%29.93%
$1,000 to $1,4996,90630.17%, see rank16.13%24.18%
$1,500 to $1,9991,6067.02%, see rank3.14%8.01%
$2,000 or More1,2445.44%, see rank1.53%4.46%
Median$922, see rank-$730$855

*Based on 2010 data. View historical gross rent data.

Vehicle Available

 Ann Arbor, MI%MichiganU.S.
Occupied Housing Units43,348100%3,806,621114,567,419
No Vehicles Available5,51112.71%, see rank7.83%9.08%
1 Vehicles Available18,40942.47%, see rank35.22%33.82%
2 Vehicles Available15,12034.88%, see rank38.76%37.58%
3 or More Vehicles Available4,3089.94%, see rank18.19%19.53%

*Based on 2010 data. View historical vehicle available data.


 
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