Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48104 Housing Market

The typical home in Ann Arbor's 48104 ZIP code is worth $593,803, up 4.0% over the past year. The median list price sits at $542,475, and homes take a median of 40 days on market.

Updated June 2026Median value$594K

The median home value in Ann Arbor, MI 48104 is $594K as of June 2026, up 4.0% 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 48104 range

$546K to $641K

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 48104 market stats. Unsubscribe anytime.

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

12-month value trend

+4.0% over 12 months

Typical home value in 48104 over the last 12 months: $571K in Jun 2025 to $594K in Jun 2026 (+4.0%).

Jun 2025$571K

Jun 2026$594K

The numbers

What is the 48104 housing market like?

Typical home value

$594K

Up4.0%YoY

Median list price

$542K

Days on market

40

Up5.3%MoM

Homes for sale

88

Price cuts

13.6%

New listings

38

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

Free home value report

See what your 48104 home is worth.

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

The comparison

How do 48104 home prices compare?

  • 48104$593,803
  • 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 1, 2026, there were 88 homes for sale in 48104, with 38 new listings entering the market. The median list price is $542,475, while the typical home value is $593,803, up 4.0% over the past year. Homes take a median of 40 days to sell, and 13.6% of listings have had a price cut. For sellers, the numbers point to steady demand, so pricing in line with recent activity matters.

Monthly payment

Estimate your monthly payment.

20% · $118,761

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.