
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 $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the 30-year fixed mortgage rate sits at 6.83%.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: $281,292
- 1-year price change: +3.3%
- 5-year price change: +40.5%

#8. Milan, MI
- Typical home value: $291,119
- 1-year price change: +2.9%
- 5-year price change: +31.2%

#7. Superior, MI
- Typical home value: $309,111
- 1-year price change: +3.4%
- 5-year price change: +36.1%

#6. Whitmore Lake, MI
- Typical home value: $343,377
- 1-year price change: +3.8%
- 5-year price change: +36.7%

#5. Manchester, MI
- Typical home value: $352,496
- 1-year price change: +2.4%
- 5-year price change: +23.7%

#4. Chelsea, MI
- Typical home value: $391,650
- 1-year price change: -4.5%
- 5-year price change: +8.9%

#3. Saline, MI
- Typical home value: $445,241
- 1-year price change: +3.2%
- 5-year price change: +26.6%

#2. Dexter, MI
- Typical home value: $477,971
- 1-year price change: +1.3%
- 5-year price change: +7.7%

#1. Ann Arbor, MI
- Typical home value: $510,524
- 1-year price change: +4.6%
- 5-year price change: +31.9%