
Cities with the most expensive homes in the Ann Arbor metro area
Cities with the most expensive homes in the Ann Arbor metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $365,887 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Ann Arbor metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

#9. Ypsilanti, MI
- Typical home value: $290,560
- 1-year price change: +2.3%
- 5-year price change: +39.6%

#8. Milan, MI
- Typical home value: $300,429
- 1-year price change: +2.2%
- 5-year price change: +30.4%

#7. Superior, MI
- Typical home value: $327,751
- 1-year price change: +1.6%
- 5-year price change: +34.1%

#6. Whitmore Lake, MI
- Typical home value: $353,919
- 1-year price change: +2.9%
- 5-year price change: +35.8%

#5. Manchester, MI
- Typical home value: $375,154
- 1-year price change: +1.4%
- 5-year price change: +23.1%

#4. Chelsea, MI
- Typical home value: $409,716
- 1-year price change: -5.6%
- 5-year price change: +9.2%

#3. Saline, MI
- Typical home value: $465,279
- 1-year price change: +2.4%
- 5-year price change: +26.0%

#2. Dexter, MI
- Typical home value: $499,693
- 1-year price change: +0.7%
- 5-year price change: +8.0%

#1. Ann Arbor, MI
- Typical home value: $526,671
- 1-year price change: +3.9%
- 5-year price change: +31.5%