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Newest Homes for Sale in Elbel

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  • /8

    $5,249,500

    $46K PRICE DROP

    912 Mary St, Ann Arbor, MI 48104

    Fully Leased for 2026-27 with total scheduled revenue of $419,400! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus and the brand new Wolverine Village dorm. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and

    Chris Vessels Metro Property Services

    912 Mary St, Ann Arbor, MI 48104
  • /17

    $72,500

    $18K PRICE DROP
    • Land
    • 21,780 Sq Ft
    • $145,000 per Acre

    342 E Madison, Harrisville, MI 48740

    PRICE IS FOR TWO ADJACENT LOTS!For sale, two beautiful adjacent leveled city corner lots totaling 1/2 acre behind the historic Widows Watch in beautiful downtown Harrisville on the shores of Lake Huron in Northern Michigan. The lots are located within a short stroll to the Harrisville Harbor and the DNR boat launch and within walking distance to all the amenities that downtown Harrisville

    Steven Koleno Beycome Brokerage Realty LLC

    342 E Madison, Harrisville, MI 48740

Elbel, Ann Arbor, MI Home Prices vs. Nearby Neighborhoods

Elbel West Park Kerrytown Old Fourth Ward
Median Home Price
$1,200,000
$1,300,000
$1,385,000
$950,000
Median Sale Price
$850,000
% YoY
$1,485,000
+200% YoY
$1,666,341
+25% YoY
$1,347,500
+137% YoY
Avg. Price per Square Foot
$364
$415
$723
$572
Median Single Family Price
$850,000
$1,485,000
$1,003,750
$1,875,000
Total Active Listings
2 listings
0 listings
9 listings
3 listings
Market Conditions
0 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
6 Months of Supply
Buyer's Market
18 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Elbel a good place to live?
Elbel is a good place to live. Elbel is considered fairly walkable and very bikeable with great transit options. Elbel is a suburban neighborhood. Elbel has 6 parks for recreational activities.It is fairly dense in population with 14.0 people per acre and a median age of 25. The average household income is $45,176 which is below the national average. College graduates make up 85.4% of residents. A majority of residents in Elbel are renters, with 95% of residents renting and 5% of residents owning their home. A local real estate agent serving Elbel can help you decide if this neighborhood is the right one for you. Learn more on our Elbel neighborhood guide.
How much do you need to make to afford a house in Elbel?
The median home price in Elbel is $1,200,000. If you put a 20% down payment of $240,000 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $6,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $275K a year to afford the median home price in Elbel. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Elbel is $45K.
What are the best public schools in Elbel?
The best public schools that serve Elbel are:
What are the best private schools in Elbel?
The best private schools that serve Elbel are:
What are the most popular zip codes in Elbel, Ann Arbor, MI?
The most popular zip codes in Elbel, Ann Arbor, MI include 48104, 48103, 48105, 48108 and 48197.
What are the most popular neighborhoods near Elbel, Ann Arbor, MI?
The most popular neighborhoods near Elbel, Ann Arbor, MI are North Burns Park, Angell, Downtown Ann Arbor, Old West Side and Old Fourth Ward.
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