Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48108 Housing Market

The typical home value in Ann Arbor's 48108 ZIP code is $451,326, up 2.0% over the past year. The median list price is $439,450, and homes are taking a median of 33 days on market.

Updated June 2026Median value$451K

The median home value in Ann Arbor, MI 48108 is $451K as of June 2026, up 2.0% 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.

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Typical 48108 range

$415K to $487K

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

+2.0% over 12 months

Typical home value in 48108 over the last 12 months: $442K in Jun 2025 to $451K in Jun 2026 (+2.0%).

Jun 2025$442K

Jun 2026$451K

The numbers

What is the 48108 housing market like?

Typical home value

$451K

Up2.0%YoY

Median list price

$439K

Days on market

33

Down15.4%MoM

Homes for sale

48

Price cuts

17.0%

New listings

32

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

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The comparison

How do 48108 home prices compare?

  • 48108$451,326
  • 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

There are 48 homes for sale in 48108 as of June 2026, with 32 new listings added recently. The median list price sits at $439,450, and the typical home value is $451,326, up 2.0% over the past year. Homes are spending a median of 33 days on market, and 17.0% of listings have had a price cut. For sellers, the numbers point to steady demand, but pricing carefully still matters given the share of homes seeing reductions.

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