Market Intelligence · MI / Ann Arbor

Ann Arbor, MI 48108 Housing Market

The typical home value in Ann Arbor 48108 is $440,744, up 1.8% over the past year. The median list price is $419,450, and homes are spending a median of 31 days on the market. That points to steady values rather than a surge.

Updated August 2026Median value$441K

The median home value in Ann Arbor, MI 48108 is $441K as of August 2026, up 1.8% 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.

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Typical 48108 range

$405K to $476K

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

+1.8% over 12 months

Typical home value in 48108 over the last 12 months: $433K in Aug 2025 to $441K in Aug 2026 (+1.8%).

Aug 2025$433K

Aug 2026$441K

The numbers

What is the 48108 housing market like?

Typical home value

$441K

Up1.8%YoY

Median list price

$419K

Down2.9%MoM

Days on market

31

Up34.8%MoM

Homes for sale

65

Up16.1%MoM

Price cuts

20.9%

Up31.6%MoM

New listings

36

Down33.3%MoM

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

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The comparison

How do 48108 home prices compare?

  • 48108$440,744
  • 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 48108 has 65 homes for sale, with 36 new listings adding fresh options for buyers. The median list price is $419,450, while the typical home value is $440,744 and is up 1.8% over the past year. Homes are moving in a median of 31 days, so well priced listings can still find buyers without a long wait. The 20.9% share of listings with a price cut shows that some sellers are overshooting and then adjusting. For a seller, the read is mixed but workable: price carefully from the start, because demand is present but buyers are pushing back on anything optimistic.

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