Homes Under $500K in Ann Arbor, MI

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3 beds New construction With a pool

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18 of 380 Listings

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Homes Under $500K in Ann Arbor, MI

18 of 380 Listings

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Thomas O'Leary

Realty.com

Lic. #6502426559

Call Thomas

23Active
$360,000
2 bd · 2 ba · 1,630 sqft
222 W Oakbrook Drive, Ann Arbor, MI
Cheryl Clossick · Real Estate One Inc
56Active
$269,900
2 bd · 2 ba · 1,152 sqft
690 Peninsula Court, Ann Arbor, MI
Richard Taylor · The Charles Reinhart Company
49Active
$359,900
3 bd · 3 ba · 1,516 sqft
605 Watersedge Drive, Ann Arbor, MI
Richard Taylor · The Charles Reinhart Company

Listing data & MLS disclosures

MiRealSource: Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright [current year] MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Southwestern Michigan Association of REALTORS: The properties on this website come in part from the Broker Reciprocity Program of the Member MLS's of the Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this website. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright ©2026 Michigan Regional Information Center. All Rights Reserved.

Ann Arbor housing market

August 2026 · This period is still settling

Selling at 99.4% of asking price

Buyers here are paying below asking. MLS · 84 sales · as of Aug 21, 2026

Homes that sold · County records, as of Aug 11, 2026

Median sale price: $619,900$403,000–$800,000 typical range
Price per sq. ft.: $334
Sales: 41
Paid in cash: 51.2%

Homes on the market · MLS, as of Aug 21, 2026–Aug 24, 2026

Median list price: $512,000
Homes for sale: 478
Median days on market: 16 days

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

Year-over-year: 18.7%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026

Median home size: 1,824 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

Explore Ann Arbor homes

Listing data & MLS disclosures

MiRealSource: Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright [current year] MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Southwestern Michigan Association of REALTORS: The properties on this website come in part from the Broker Reciprocity Program of the Member MLS's of the Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this website. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright ©2026 Michigan Regional Information Center. All Rights Reserved.

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #6502426559

Call Thomas

By feature

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #6502426559

Call Thomas

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

Ann Arbor housing market

August 2026 · This period is still settling

Selling at 99.4% of asking price

Buyers here are paying below asking. MLS · 84 sales · as of Aug 21, 2026

Homes that sold · County records, as of Aug 11, 2026

Median sale price: $619,900$403,000–$800,000 typical range
Price per sq. ft.: $334
Sales: 41
Paid in cash: 51.2%

Homes on the market · MLS, as of Aug 21, 2026–Aug 24, 2026

Median list price: $512,000
Homes for sale: 478
Median days on market: 16 days

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

Year-over-year: 18.7%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026

Median home size: 1,824 sq. ft.

Safety & registry resources

Safety & registry resources

Safety & registry resources

Homes Under $500K in Ann Arbor, MI

Your local brokerage

Listing data & MLS disclosures

Ann Arbor housing market

Homes that sold · County records, as of Aug 11, 2026

Homes on the market · MLS, as of Aug 21, 2026–Aug 24, 2026

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

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026

Ann Arbor, MI community profile

Explore Ann Arbor homes

Listing data & MLS disclosures

Your local brokerage

By feature

Your local brokerage

Ann Arbor, MI community profile

Ann Arbor housing market

Homes that sold · County records, as of Aug 11, 2026

Homes on the market · MLS, as of Aug 21, 2026–Aug 24, 2026

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

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 20, 2026