Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48103 Housing Market

In Ann Arbor, MI 48103, the typical home value is $525,779, up 3.3% over the past year. The median list price is $507,450, and homes spend a median of 36 days on market. That points to steady demand with room for careful pricing.

Updated August 2026Median value$526K

The median home value in Ann Arbor, MI 48103 is $526K as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48103 range

$484K to $568K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.3% over 12 months

Typical home value in 48103 over the last 12 months: $509K in Aug 2025 to $526K in Aug 2026 (+3.3%).

Aug 2025$509K

Aug 2026$526K

The numbers

What is the 48103 housing market like?

Typical home value

$526K

Up3.3%YoY

Median list price

$507K

Down7.7%MoM

Days on market

36

Up12.5%MoM

Homes for sale

177

Up16.4%MoM

Price cuts

21.2%

Up12.6%MoM

New listings

76

Down20.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48103 home prices compare?

  • 48103$525,779
  • Ann Arbor$540,307
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Ann Arbor: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Ann Arbor, MI 48103 has 177 homes for sale and 76 new listings, so buyers have choices without a flood of fresh supply. The median list price is $507,450 while the typical home value is $525,779, up 3.3% over the past year. A median of 36 days on market suggests well priced homes can still move. With 21.2% of listings taking a price cut, overpricing is getting corrected. For a seller, the practical read is simple: price to the market you have, not the market you want.

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