Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48103 Housing Market

The typical home in Ann Arbor's 48103 ZIP code is worth $540,612, up 2.8% over the past year. The median list price sits at $552,250, and homes are taking a median of 35 days on market.

Updated June 2026Median value$541K

The median home value in Ann Arbor, MI 48103 is $541K as of June 2026, up 2.8% 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.

Get a cash offer

Sell without the wait

Sell your Ann Arbor home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48103 range

$497K to $584K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48103 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Ann Arbor, MI.

12-month value trend

+2.8% over 12 months

Typical home value in 48103 over the last 12 months: $526K in Jun 2025 to $541K in Jun 2026 (+2.8%).

Jun 2025$526K

Jun 2026$541K

The numbers

What is the 48103 housing market like?

Typical home value

$541K

Up2.8%YoY

Median list price

$552K

Days on market

35

Up9.4%MoM

Homes for sale

133

Price cuts

18.6%

New listings

96

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

Free home value report

See what your 48103 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48103 home prices compare?

  • 48103$540,612
  • Ann Arbor$554,392
  • Michigan$247,122
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Ann Arbor: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 133 homes for sale across 48103, with 96 new listings coming onto the market. The median list price is $552,250, while the typical home value is $540,612, up 2.8% over the past year. Homes are taking a median of 35 days to sell, and 18.6% of listings have had a price cut. If you are weighing a sale, the numbers point to steady value with a fair amount of inventory to compete against, so realistic pricing matters.

Monthly payment

Estimate your monthly payment.

20% · $108,122

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.