Homes Under $400K in Ann Arbor, MI

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About Homes Under $400K in Ann Arbor, MI

Homes Under $400K in Ann Arbor, MI: 407 active listings as of November 14, 2026, 22:06 UTC.

Property types among these 407 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Condominium	291	71.5%
Single Family Residence	91	22.4%

Ann Arbor housing market

October 2026 · This period is still settling

Selling at 98.1% of asking price

Buyers here are paying below asking. MLS · 113 sales · as of Oct 30, 2026

Homes that sold · County records, as of Oct 27, 2026

Median sale price: $457,000$342,250–$628,790 typical range
Price per sq. ft.: $287
Sales: 111
Paid in cash: 48.7%

Homes on the market · MLS, as of Oct 18, 2026–Oct 30, 2026

Median list price: $485,000
Homes for sale: 523
Median days on market: 23 days

Price trend · Assessor repeat sales, as of Oct 31, 2026

Year-over-year: -7.9%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Median home size: 1,798 sq. ft.

Ann Arbor, MI community profile

Population: 123,191
Median income: $77,829
Housing units: 53,080
People per sq. mi.: 868.8
Area: 141.8 sq. mi.

Source: HJN community data

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About Homes Under $400K in Ann Arbor, MI

Ann Arbor housing market

Homes that sold · County records, as of Oct 27, 2026

Homes on the market · MLS, as of Oct 18, 2026–Oct 30, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Ann Arbor, MI community profile

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Ann Arbor, MI community profile

Ann Arbor housing market

Homes that sold · County records, as of Oct 27, 2026

Homes on the market · MLS, as of Oct 18, 2026–Oct 30, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026