
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 $366,289 in May, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 18, 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: $289,689
- 1-year price change: +1.5%
- 5-year price change: +39.0%

#8. Milan, MI
- Typical home value: $302,999
- 1-year price change: +1.9%
- 5-year price change: +29.9%

#7. Superior, MI
- Typical home value: $316,998
- 1-year price change: -0.4%
- 5-year price change: +31.8%

#6. Whitmore Lake, MI
- Typical home value: $358,046
- 1-year price change: +2.4%
- 5-year price change: +35.4%

#5. Manchester, MI
- Typical home value: $374,177
- 1-year price change: +0.5%
- 5-year price change: +22.7%

#4. Chelsea, MI
- Typical home value: $409,841
- 1-year price change: -5.9%
- 5-year price change: +9.5%

#3. Saline, MI
- Typical home value: $466,697
- 1-year price change: +1.7%
- 5-year price change: +25.7%

#2. Dexter, MI
- Typical home value: $499,403
- 1-year price change: +0.4%
- 5-year price change: +8.4%

#1. Ann Arbor, MI
- Typical home value: $529,249
- 1-year price change: +3.2%
- 5-year price change: +31.4%