Tower Plaza condos
Closed-sale statistics for Tower Plaza, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $265,000
- Median days on market
- 55
- List-to-sale ratio
- 94.3%
- Median association fee
- $924/mo
7 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $265,000, in Ann Arbor Public School District at 52.67 homestead mills, the year-two bill is approximately $6,978 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
Before the mortgage, owning here runs about $1,506/month in taxes and association fees — the two lines portal estimates most often understate.
How Tower Plaza compares in Ann Arbor
Of the 16 Ann Arbor subdivisions and condo projects we publish statistics for, Tower Plaza's $265,000 median ranks 14 of 16 — 45% below the tracked-Ann Arbor median of $484,750.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Newport West | $399,000 | 8 | $10,507 |
| Barclay Park | $356,830 | 13 | $9,396 |
| Darlington | $347,500 | 6 | $9,151 |
| Geddes Lake | $295,200 | 22 | $7,773 |
| Tower Plaza | $265,000 | 7 | $6,978 |
| Pittsfield Village | $188,250 | 14 | $4,957 |
| Colonial Square | $167,000 | 9 | $4,398 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Tower Plaza right now
$205,000
555 E William Street Unit: 3K · Ann Arbor
1 ba · 390 sqft
Listing courtesy of University Realty Associates
$260,000
555 E William Street, Unit 16J · Ann Arbor
1 bd · 1 ba · 596 sqft
Listing courtesy of REMAX City Centre
$459,000
555 E William Street Unit: #17D/E · Ann Arbor
2 bd · 2 ba · 979 sqft
Listing courtesy of Keller Williams Ann Arbor Mrkt
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
Get my numbers for an address Affordability calculator
Common questions
What is the median home price in Tower Plaza?
The median closed sale price in Tower Plaza (Ann Arbor) is $265,000, from 7 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Tower Plaza?
At the median price, taxable value uncaps to roughly $132,500 and the year-two bill in Ann Arbor Public School District is approximately $6,978 at homestead rates.
What are HOA fees in Tower Plaza?
The median association fee across recent sales is $924 per month.
How does Tower Plaza compare with other Ann Arbor subdivisions?
Its $265,000 median ranks 14 of 16 Ann Arbor projects we track — 45% below the tracked-city median of $484,750.
More context: Ann Arbor property tax rates · school district breakdowns · all calculators