Ann Arbor, MI

Population: 117,770
Average annual home appreciation rate: 13.58%
Total of homes for sale in this market: 222
Median home price: $286,363
Median Rent: $1,198
Home price range: 31.68% between $248,001 – $372,000
Median sales price: $292,000
Number of homes: 76
Median foreclosure sales price: $259,664
Foreclosure discount: 11.1%
Most common home type: 41.67% 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: 2.30%
Is this area perfect for real estate deals going on right now?

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