Neighborhood
SpringwaterAnn Arbor, Michigan
Springwater is a residential neighborhood in Ann Arbor, located in the Ann Arbor, Michigan area of Washtenaw County. The housing stock consists primarily of single-family properties built between 1910 and 2015. The average home is 1,184 square feet with 3 bedrooms. Recent sales in Springwater range from $310,000 to $425,000, with a median sale price of $342,500. That works out to a median of $266 per square foot. The Springwater real estate market currently has 2 active listings and 2 pending, with asking prices from $289,900 to $340,000. At the current pace of 4 sales per year, Springwater's 4 active listings represent 6 months of supply, indicating a balanced market. Homes sell in an average of 77 days on market. For homeowners considering selling in Springwater, 4 homes have closed in the past 12 months.
Residential Overview
2Active Listings
$342,500Median Sale Price (past 12mo)
77daysAvg Days on Market
$266Price per Sqft
4Sold (past 12mo)
6moBalanced Market
1946Avg Year Built
1,184 sqftAvg Size
2.9Avg Beds
1.7Avg Baths
8,712 sqftAvg Lot
76%Garage
Homes for Sale(2)
Land(2)
Market Analytics
Recently Sold Residential (50)
Property Records
Per FEMA, Springwater is classified as Zone X, indicating minimal flood risk; flood insurance is optional. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions.
Frequently Asked Questions about Springwater
What are home prices like in Springwater?
The median sale price in Springwater over the past 12 months is $342,500, based on 4 closed sales. Sale prices have ranged from $310,000 to $425,000. That works out to roughly $266 per square foot.
How many homes are for sale in Springwater?
There are currently 2 active listings in Springwater. Asking prices range from $289,900 to $340,000. 2 additional listings are pending or under contract.
What kind of housing is available in Springwater?
The housing stock in Springwater is mainly single family residence homes, with construction dates ranging from 1910 to 2015. The average home size is 1,184 square feet. Homes typically have 3 bedrooms.
What is the average days on market in Springwater?
Homes in Springwater sell in an average of 77 days, based on 4 sales over the past 12 months.
How competitive is the Springwater real estate market?
With 6.0 months of inventory, Springwater is currently a balanced market. This is based on 2 active listings and 4 sales in the past 12 months.
How big are lots in Springwater?
Homes in Springwater sit on an average of 8,712 sqft. Lot sizes can vary significantly within the area.
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