$85,000
- 3 Beds
- 2 Baths
- 1,716 Sq Ft
2835 S Wagner Rd Unit 177, Ann Arbor, MI 48103
Jeff Rising
Cornerstone Real Estate
(734) 398-2283
$85,000
2835 S Wagner Rd Unit 177, Ann Arbor, MI 48103
Jeff Rising
Cornerstone Real Estate
(734) 398-2283
The University of Michigan shapes daily life in Ann Arbor through its historic campus centered around The Diag, where students gather year-round. Cultural attractions include the Michigan Theater's classic films, Hill Auditorium's renowned concerts, and The Big House stadium where 100,000+ fans watch Michigan football. The 123-acre Nichols Arboretum provides walking trails along the Huron River, while Kerrytown's shops and weekend farmers market create a distinctive shopping district. The restaurant scene features upscale dining at The Earle with its live jazz and wine cellar, plus local institution Zingerman's Delicatessen.
The Ann Arbor housing market has a median sale price of $493,000. Single-family homes range from $599,900 in the Old West Side neighborhood to $1 million in Ann Arbor Hills. Downtown Ann Arbor and Kerrytown command the highest prices, with median single-family home prices of $850,000 and $855,000 respectively. Condos present a more affordable option, with median prices of $260,000 for one bedroom and $310,000 for two bedrooms.
The overall cost of living measures 4.2% above the national average. A family with school-age children needs $111,000 annually to live comfortably, while renters should aim for $60,000. Property taxes stand at 1.56%, slightly lower than Detroit at 1.64%. The public school system includes highly rated Huron, Pioneer, and Skyline High Schools. Private options like Greenhills School and Rudolf Steiner School maintain A+ ratings. The walkable downtown and extensive bus system through TheRide make car-free living possible, while Amtrak provides service to Detroit and Chicago.
The median home sale price in Ann Arbor, MI is $510,000, up 2% year-over-year. Homes in Ann Arbor sell in 31 days on average, compared to the national average of 58 days.
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Median Sale Price
$510,000
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Median Single Family Sale Price
$535,000
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Median Townhouse Sale Price
$485,000
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Median 2 Bedroom Sale Price
$330,000
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Median 1 Bedroom Sale Price
$267,000
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Average Price Per Sq Ft
$298
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Number of Homes for Sale
396
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Last 12 months Home Sales
1,567
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Months of Supply
3.00
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Median List Price
$539,000
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
2%
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Ann Arbor buyers often prioritize charm, energy efficiency, and proximity to the University of Michigan and walkable neighborhoods like Kerrytown and Burns Park.