Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48105 Housing Market

The typical home value in Ann Arbor's 48105 ZIP code is $544,970, up 2.3% over the past year. The median list price stands at $577,475, with homes averaging 65 days on the market as of September 2026.

Updated September 2026Median value$545K

The median home value in Ann Arbor, MI 48105 is $545K as of September 2026, up 2.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48105 range

$501K to $589K

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

+2.3% over 12 months

Sep 2025$532K

Low $532KHigh $550K

Sep 2026$545K

The numbers

What is the 48105 housing market like?

As of September 2026

Typical home value

$545K

2.3%YoY

Median list price

$577K

3.7%MoM

Days on market

12.1%MoM

Homes for sale

110

1.8%MoM

Price cuts

20.8%

19.2%MoM

New listings

31.2%MoM

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

The outlook

48105 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48105 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 48105 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 48105?

Zillow's forecast does not call for a drop: it expects typical home values in 48105 to rise 2.1% by September 2027, after a 2.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48105 home prices compare?

48105$544,970
Ann Arbor$530,955
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Ann Arbor: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The 48105 market shows mixed signals. There are 110 homes for sale with 22 new listings as of September 2026, indicating moderate turnover. The median days on market of 65 suggests homes are taking time to sell, and the fact that 20.8% of listings carry a price cut hints at pricing pressure despite the year-over-year value gain. For sellers, this means pricing competitively from the start is more important than relying on appreciation to carry a sale.

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Down payment20% · $108,994

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Common questions

What people ask us.

What is the typical home value in 48105?

The typical home value is $544,970, up 2.3% over the past year as of September 2026.

How many homes are for sale in Ann Arbor's 48105 ZIP?

There are 110 homes for sale as of September 2026, with 22 new listings in that same month.

How long do homes stay on the market in 48105?

The median days on market is 65 as of September 2026.

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