Reports  ›  Weekly · 2026-06-07

Michigan real estate — week of Jun 5, 2026

All 4 of Michigan's major metros showed positive year-over-year median sale-price reads this week. Range this week: ann-arbor at +2.5% YoY to lansing-east-lansing at +5.2%.

Headline numbers

Ann Arbor

$482K +2.5%

Detroit

$100K +5.0%

Grand Rapids

$300K +4.0%

Lansing

$150K +5.2%

This week's signals

Strength 4 / 5

17 days

Livonia homes taking 17 days to sell — +70.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$302K

Sterling Heights median price -4.0% YoY

Price-per-sqft also -1.6% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$447K

Ann Arbor median price -8.8% YoY

Price-per-sqft also -4.4% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

17 days

Novi homes taking 17 days to sell — +112.5% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$420K

Troy median price -12.0% YoY

Price-per-sqft also -1.9% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$510K

Ann Arbor avg sale price crossed $500K — now $510K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

$241K

Ypsilanti median price -24.4% YoY

Price-per-sqft also -2.2% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$474K

Novi median price -7.5% YoY

Price-per-sqft also -0.1% YoY, confirming real depreciation vs. mix-shift noise.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Michigan.

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