Ann Arbor, Mi

Population: 117,770
Average annual home appreciation rate: 13.37%
Total of homes for sale in this market: 181
Median home price: $277,068
Median Rent: $1,156
Home price range: 31.68% of homes are between $240,001 – $360,000
Median sales price: $260,000
Number of homes: 105
Median foreclosure sales price: $237,306
Foreclosure discount: 8.7$
Most common home type: 41.67% of homes are single family detached
Number of vacant homes: 7.71%
Number of renters: 58.96%
Number of owner occupied: 41.04%
Number people living below poverty level: 22.06%
Unemployment rate: 2.80%
Is this area perfect for real estate deals going on right now? Positive appreciation rates makes this an exciting area for the savvy buyer looking to make a profit on real estate.

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