If you are searching for the best neighborhoods in Ann Arbor, understanding the differences in home prices, lifestyle, and long-term value is essential. Ann Arbor offers a wide range of communities, from historic walkable districts near downtown to quiet residential areas with larger lots. This guide breaks down the pros, cons, and typical home prices in some of Ann Arbor’s most desirable neighborhoods to help you make a confident and informed decision.

Ann Arbor consistently ranks as one of the best places to live in Michigan. With top-rated schools, a strong job market, and the energy of the University of Michigan, it offers a unique mix of college town vibrancy and established residential charm.

If you are thinking about moving here, choosing the right neighborhood is just as important as choosing the right house. Below is a closer look at some of the most desirable neighborhoods in Ann Arbor, including what buyers love, what to consider, and typical home price ranges

Burns Park

Overview
Burns Park is one of Ann Arbor’s most iconic neighborhoods. Located just southeast of downtown, it is known for tree-lined streets, charming historic homes, and a strong sense of community.

Pros
• Its location offers easy walking access to downtown, campus, and local parks, making daily life convenient without relying heavily on a car.
• The neighborhood is known for highly rated schools and a strong sense of community that appeals to long-term homeowners.
• Many homes feature distinctive architectural details and mature landscaping that add lasting curb appeal.

Cons
• Inventory is limited, and homes often receive multiple offers within days of hitting the market.
• Pricing is typically above the city median, which can make entry into the neighborhood more competitive for first-time buyers.

Typical Home Prices
Many homes range from the mid $600,000s to $900,000+, depending on size, condition, and updates.

Kerrytown & Old Fourth Ward

Overview
Located just north of downtown, these neighborhoods blend historic character with immediate access to shops, dining, and the farmers market.

Pros
• Residents enjoy exceptional walkability, with restaurants, boutiques, and cultural attractions just steps from their front door.
• Historic brick homes and preserved architecture give the area a distinctive character that continues to attract buyers and investors.
• Proximity to downtown and campus supports strong long-term resale value and rental demand.

Cons
• Homes often sit on smaller lots, and street parking can be limited depending on the block.
• Pricing can feel high relative to square footage, especially for updated or fully renovated properties.

Typical Home Prices
Turnkey homes typically fall between $600,000 and $850,000, with updated properties often exceeding that range.

Old West Side

Overview
The Old West Side offers historic charm and close proximity to downtown, while maintaining a quiet residential atmosphere.

Pros
• The neighborhood provides walkable access to downtown while still offering a peaceful, established residential setting.
• Architectural styles range from Victorian to Craftsman, giving buyers a variety of character-filled homes to choose from.
• A strong sense of history and community makes it especially appealing to long-term residents.

Cons
• Many homes are older and may require updates or ongoing maintenance to preserve their historic features.
• Inventory can move quickly due to consistent buyer demand for centrally located properties.

Typical Home Prices
Most homes range from $550,000 to $800,000, with larger or extensively updated properties priced higher.

Ann Arbor Hills

Overview
Ann Arbor Hills is known for larger homes, winding streets, and a more private residential feel.

Pros
• Homes typically sit on spacious lots, offering more privacy and room for outdoor living compared to central neighborhoods.
• The setting feels quiet and established while still being just minutes from downtown and major employers.
• Properties in this area often maintain strong long-term value due to location and lot size.

Cons
• The neighborhood is less walkable, and most daily errands require driving.
• Entry price points are higher, which may limit accessibility for some buyers.

Typical Home Prices
Homes often start in the $700,000s and can exceed $1 million depending on size, updates, and lot dimensions.

Northside

Overview
Northside offers a quieter, more suburban atmosphere while remaining close to North Campus and major medical facilities.

Pros
• Home prices are generally more attainable compared to central Ann Arbor neighborhoods, making it attractive to a wide range of buyers.
• The location provides convenient access to the university’s North Campus and medical campus, which benefits professionals working nearby.
• A mix of ranch, colonial, and newer homes gives buyers flexibility in style and budget.

Cons
• The neighborhood is further from downtown restaurants and nightlife, which may not suit buyers seeking a walkable urban lifestyle.
• Amenities are more spread out, so most errands require a short drive.

Typical Home Prices
Many homes range between $400,000 and $600,000, depending on size, updates, and proximity to campus.

Ready to Explore Ann Arbor?

Choosing the right neighborhood is about more than price. It is about lifestyle, long-term value, commute times, school boundaries, and future resale potential.

At NestEgg Properties, we help buyers look beyond the listing photos and understand the full picture of Ann Arbor’s housing market. Whether you are relocating, upsizing, downsizing, or buying your first home, our team can provide neighborhood-level insights, current market data, and a strategy tailored to your goals.

If you are considering a move to Ann Arbor, contact NestEgg Properties today to schedule a consultation and start building a plan that works for you.