Ann Arbor Real Estate Market Update – April 2026

Thinking about buying or selling? Here’s what waiting could cost you in today’s Ann Arbor market.

Local insight from Martin Bouma, one of Ann Arbor’s most trusted real estate experts.

Should You Buy or Sell Now in Ann Arbor?

In most cases, waiting in today’s Ann Arbor market can cost you more—buyers risk higher prices and sellers risk increased competition.

In this month’s update, Martin highlights a key trend affecting both sides of the market: the cost of waiting.

Ann Arbor buyers planning their next move

For Buyers

Many buyers are waiting for lower rates. But demand will spike when rates drop, and that can lead to higher prices and bidding wars.

In a market like Ann Arbor, waiting for a “better” rate can end up costing more if prices rise faster than financing improves.

Ann Arbor home seller evaluating timing

For Sellers

Inventory in Ann Arbor is rising. More listings mean more competition, and waiting could lead to price reductions and longer timelines.

If you plan to sell this year, timing your listing before competition builds further can make a meaningful difference.

What’s Actually Happening in Ann Arbor Right Now

Inventory is starting to increase. Condo demand is slowing. Single-family homes are still moving quickly. Buyers are becoming more selective. This is a transition market—not a crash, not a frenzy. That’s exactly where strategy matters most.

The One Thing Most Buyers Get Wrong

You can refinance your interest rate. You cannot refinance the price you paid. That’s why timing matters more than trying to “beat” the market.

Should You Make a Move Right Now?

If You’re a Buyer

You may have more negotiating power today than you will if competition increases later.

If You’re a Seller

You may benefit from listing before more homes hit the market and create additional competition.

What It Depends On

Your timeline, your price range, and your specific neighborhood all matter more than broad market talk.

Why Most People Get This Wrong

Most advice you hear is national. But real estate is hyper-local. At The Bouma Group, we track neighborhood-level demand, absorption rates, and pricing shifts in real time. So you're not guessing—you’re making a calculated move.

Before you decide to wait, understand what that decision means financially. We’ll break down your home’s current value, buyer demand in your area, and timing strategy tailored to you.

Ann Arbor Real Estate Questions – April 2026

Is now a good time to buy a home in Ann Arbor?

Yes—buyers currently face less competition than they likely will if rates drop.

Should I wait for interest rates to go down?

Waiting may result in higher home prices and more competition, offsetting any rate benefit.

Is inventory increasing in Ann Arbor?

Yes, and that could create more competition for sellers later in 2026.

Are home prices dropping in Ann Arbor?

Prices remain stable in many segments, especially for single-family homes.