Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$411,983+2.4% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$89,309About 1.0× the local median income ($90,907): affordable for a typical household
Days on market51 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.4%Zillow expects prices to rise slightly
The typical home in Washtenaw County, MI is worth $411,983, up 2.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $381,083, so the area is 8.1% overvalued. It is a balanced market: homes take about 51 days to sell, listings are up 28% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $89,309 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $90,907. Typical rent is $1,917 a month, or $2,727 for a house. In the latest IRS figures, 2,820 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$411,983
Change in 1 year
+2.4%
Overvalued %
+8.1%
Show 7 more
Fair home value
$381,083
Change in 5 years
+19.4%
Zillow forecast, next 12 months
+2.4%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$2,233
Income needed to afford it
$89,309
Property tax rate
1.52%
Rent and investing
Typical rent
$1,917
Typical rent for houses
$2,727
Price-to-rent ratio
17.9×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,804
Gross rental yield
5.58%
Cap rate (estimate)
3.63%
Market activity
Listings vs a year ago
+28.1%
Days on market
51
Listings with a price cut
18.6%
Show 3 more
Homes for sale
948
Pending sales per 100 listings
44
Asking price per sq ft
$236
People and jobs
Median household income
$90,907
Population change (1 year)
+0.3%
Unemployment rate
4.6%
Show 4 more
Population
370,214
Income adjusted for cost of living
$90,096
Net moves in (IRS)
−2,820
Cost of living (US = 100)
100.9
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
89.3
Unhealthy air days a year
8
Show 4 more
Flood risk score
90.3
Wildfire risk score
43.8
Walkability (1 to 20)
9.6
Road, rail and air noise
54 dB
Questions people ask
Is Washtenaw County, MI overvalued?
Home prices in Washtenaw County, MI are slightly above what local incomes have historically supported: fair value is about $381,083, so the area is 8.1% overvalued.
Is Washtenaw County, MI a buyer's or seller's market?
Washtenaw County, MI is a balanced market: homes take about 51 days to sell, listings are up 28% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Washtenaw County, MI?
Home values in Washtenaw County, MI are up 2.4% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Washtenaw County, MI?
A household needs about $89,309 a year to afford the typical home in Washtenaw County, MI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $90,907.