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Located in the southeastern part of Michigan and the seat of Washtenaw County, Ann Arbor was named after the founders, who are both named Ann, and from the strands of the bur oak trees. It sits on the Huron River, which is 35 miles west of Detroit. Ann Arbor was first developed to be an agricultural trading center after the Michigan Central Railroad arrived and which then connected the city to Detroit where it played a primary role in the growth and boost the city's economy. The life of the town was majorly dominated by the events of the student interest, and the complex of hospitals and the university's medical school have put Ann Arbor on the list as a leading medical center. There were numerous private industrial development and research who joined in the university's various institutes of science and technology, which has then put Ann Arbor and ranking it as a significant Midwest center for aeronautical, nuclear, chemical, and others in research.

Home Prices

AVERAGE
532,517 -8%
MEDIAN
464,574 -6%

Relative Price (per sqft.)

PRICE
238 -4%

Listings

ACTIVE
512 +6%
NEW
244 -6%

Market Duration

DAYS
46 +16%
Population 117,025 (2.00%)
House Size (sqft.) 1,980 (-7.10%)