Markets/Michigan/Ann Arbor

Ann Arbor, MI Real Estate Market 2026

Investor-grade market analytics for Ann Arbor, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$423,247

+2.5% year-over-year

Est. Rental Yield

5.7%

gross annual

12-Month Forecast

+2.4%

base case (Zillow ZHVF)

+2.4% year-over-year

Climate Risk

50/100

Moderate

Market Momentum

๐Ÿ”ฅ
Hot
2.4mo supply ยท Score +5/7

Net migration: Bottom 2% nationally

Income Migration

๐Ÿ’ฐ Wealth Influx1.20x

In-migrants avg $88,584 AGI vs out-migrants $74,054

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Opportunity Zone Market

5 ZIP codes in Ann Arbor are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Ann Arbor Market Summary

Ann Arbor, MI shows steady growth at 2.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 4.86x, above the national average of 4.8x. Net negative migration (-2,163 returns/year) is reducing housing demand pressure. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 5.71% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score73/100
Price-to-Income Ratio4.9x (national avg 4.8x)
Median Household Income$87,156

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.2%
Base Case+2.4%
Bull Case+3.7%

Climate & Natural Hazard Risk

Ann Arbor, MI's primary climate exposure is tornadoes (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Ann Arbor dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.