Water Hill, Ann Arbor, MI
Water Hill — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Water Hill, Ann Arbor, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Water Hill Neighborhood Overview
Water Hill is a distinctive, music-themed neighborhood located just west of downtown Ann Arbor. Known for its annual Water Hill Music Fest, this tight-knit community blends historic charm with a vibrant, artistic spirit. Its tree-lined streets and mix of architectural styles create a uniquely welcoming atmosphere close to the city's core.
Lifestyle & Amenities
The neighborhood is celebrated for its strong community bonds and artistic leanings, most visibly expressed during its popular neighborhood music festival. Residents enjoy proximity to the shops, restaurants, and cultural venues of downtown Ann Arbor, all within easy walking or biking distance. The area maintains a quiet, residential feel while being deeply connected to the city's lively pulse.
Real Estate Market
The real estate market in Water Hill is competitive, reflecting its desirable location and character. According to U.S. Census data, the median home value in the area is $440,600. The neighborhood features a variety of homes, including historic bungalows, Victorians, and newer constructions on its modestly sized lots.
Schools & Education
Homes in Water Hill are served by the highly regarded Ann Arbor Public Schools district. Specific school assignments can vary, but families in the area have access to the district's nationally recognized educational programs. The proximity to the University of Michigan also infuses the area with an academic and innovative energy.
Transportation & Connectivity
Water Hill offers exceptional walkability and bikeability to downtown Ann Arbor and the University of Michigan campus. The neighborhood is also well-served by the Ann Arbor Area Transportation Authority (TheRide) bus system for connections throughout the city. Major roads like Miller Avenue and Seventh Street provide quick access to State Street and US-23.
Why Choose Water Hill
Water Hill is ideal for those seeking a socially engaged, artistic community with the convenience of an urban location. It offers a unique blend of historic neighborhood charm, cultural vibrancy, and easy access to everything Ann Arbor provides. With a median household income of $113,829, it attracts residents who value community, creativity, and connectivity.
Water Hill Market Data
| Metric | Value |
|---|---|
| Median Home Price | $441K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $114K |
| Homeownership Rate | 67.2% |
| Renter-Occupied | 32.8% |
| Rental Vacancy Rate | 2.8% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48103 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Water Hill, Ann Arbor
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Water Hill, Ann Arbor, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14