Washtenaw County, MI Home Values & Market Trends

The median home price in Washtenaw County, MI is $396,614.19. There were 4,476 home sales in Washtenaw County, MI over the past 12 months. The median residential Washtenaw County, MI home value for transactions over the previous year is $350,319.238. The number of current listings in Washtenaw County, MI is 508, and the percentage of properties for sale is 508.00%. The county has 57 foreclosures, 16 bank owned properties, 41 headed for auction, and 508 properties for sale.

Washtenaw County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Ann Arbor

$ 513,582

$ 257/sqft

Chelsea

$ 430,750

$ 185/sqft

Ypsilanti

$ 273,570

$ 171/sqft

Whitmore Lake

$ 331,762

$ 214/sqft

Saline

$ 444,950

$ 203/sqft

Manchester

$ 252,927

$ 143/sqft

Dexter

$ 458,500

$ 191/sqft

Willis

$ 285,000

$ 164/sqft

Housing Market Summary for Washtenaw County, MI

Apr 2023March 2024Change
Median Listing Price$395K$379.8K-3.85%
Median Sold Price$355.3K$379.8K6.89%
Homes For Sale444439-1.13%
Homes Sold3,4652,668-23.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Washtenaw County, MI

Washtenaw County, MI home values range from $23,158 to $36,338,337. Dexter is the priciest city with a median listing home price of $525,000, and Manchester is most affordable with average house prices of around $217,900.

Foreclosure
There are 8 cities within Washtenaw County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $694,842 in Ypsilanti to the lowest value of $125,000 in Ypsilanti. Foreclosure homes account for 0.00% of properties in Washtenaw County, MI with Ypsilanti containing 30 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Washtenaw County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Washtenaw County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Washtenaw County, MI ranges from the highest value of $339,523 in Ann Arbor to the lowest value of $125,000 in Ypsilanti. Bank owned homes and properties account for 0.01% of properties in Washtenaw County, MI. There are 8 cities within Washtenaw County, MI; Ypsilanti containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Ypsilanti has 20 auction properties, the highest number of properties going to auction in a single city in the state of Washtenaw County, MI. Auction homes and other auction properties account for 0.04% of all properties in Washtenaw County, MI. There are 8 cities within Washtenaw County, MI; of those cities, the median estimated home value for homes going to auction ranges from $606,540 in Chelsea to the lowest value of $150,000 in Chelsea.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Washtenaw County, MI with Ann Arbor containing 230 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Washtenaw County, MI; homes for sale in those cities, have a range of median values from $285,000 in Willis to the lowest value of $75,135 in Ypsilanti.
    Sold Homes
    The median value for recently sold homes ranges from $1,852,035 in Manchester to the lowest price of $23,646 in Manchester. There are 8 cities within Washtenaw County, MI. Ann Arbor has 1249 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.75% of properties in Washtenaw County, MI.

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      Guide for Washtenaw County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?