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ANN ARBOR, MI 48103

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48103

Brooks Street · Central · Cranbrook Tower · Dicken Northwest · Dover-parkside · Downtown · Garden Homes · Glendale-Liberty · Greater Sunset/Brooks · Huron River Heights · Jackson-huron · Lawton Area · Liberty Glen · Liberty Pointe · Main Street · Mushroom Park · New West Side · Newport Hills · Newport West · North Central · Old West Side · Orkney/Culver · Pioneer Nature Area · Ridgewood · Riverwood · Sister Lakes · South Area · Spring-Brooks-Summit · Vet's Park Triangle · Walden Village · West Area · West Liberty · West Park · West Washtenaw · Westover Hills · Wildwood Park

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ANN ARBOR, MI real estate market (48103) currently shows 150 active listings, with 52 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

The median listing price has fallen 8.3% year-over-year, from $600,000 to $550,000.

Whether you are buying or selling in ANN ARBOR, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,563  ·  Density: 316.7/mi²  ·  Median household income: $113,829

Typical home value: $437,563  ·  Homeownership: 67.2%

Market Overview

Active Listings
150
⇧ 47.1% vs 102 last year
Pending
52
35% pending ratio
Median Price
$550,000
⇩ 8.3% vs $600,000 last year
Average Price
$707,091
⇩ 4.1% vs $737,260 last year
Days on Market
32
vs 32 days last year

Price Per Square Foot

Median $/sqft
$285
⇧ 3.3% vs $276/sqft last year
Median Home Size
1,818 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 150 this year vs 102 last year
  • Days on market: 32 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $550,000 (-8.3% YoY)
  • Average: $707,091 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.5 miles — 856 listings ($458,224,726 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48103Ann Arbor, MI 481030.0 mi117$80,494,362$526,175$687,986
48104Ann Arbor, MI 481046.4 mi84$64,354,248$399,475$766,122
48176Saline, MI 481767.6 mi109$64,881,923$576,775$595,247
48118Chelsea, MI 4811810.6 mi25$10,957,525$379,950$438,301
48197Ypsilanti, MI 4819711.7 mi109$39,271,501$333,675$360,289
48198Ypsilanti, MI 4819813.1 mi93$25,844,514$227,500$277,898
49236Clinton, MI 4923613.6 mi7$1,410,745$217,380$201,535
48169Pinckney, MI 4816915.2 mi41$27,966,592$575,000$682,112
48191Willis, MI 4819117.2 mi4$1,224,700$306,175$306,175
48116Brighton, MI 4811617.3 mi70$31,454,360$399,500$449,348
48170Plymouth, MI 4817017.6 mi87$63,318,426$524,950$727,798
48188Canton, MI 4818818.3 mi102$45,388,470$412,450$444,985
49229Britton, MI 4922918.5 mi8$1,657,360$220,950$207,170

Frequently Asked Questions

How many homes are for sale in ANN ARBOR, MI 48103?

As of March 2026, there are 150 active listings in ANN ARBOR, MI (zip code 48103), compared to 102 the prior year.

What is the median home price in ANN ARBOR, MI 48103?

The median listing price in ANN ARBOR, MI 48103 is $550,000 as of March 2026, a 8.3% decrease from $600,000 the prior year.

How long do homes stay on the market in ANN ARBOR, MI?

Homes in ANN ARBOR, MI 48103 spend an average of 32 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in ANN ARBOR, MI 48103?

Based on current inventory and days-on-market data as of March 2026, ANN ARBOR, MI 48103 is currently a Balanced Market. Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

How much can I save on real estate commission in ANN ARBOR, MI?

With SELL123.com's maximum 3% commission, sellers in ANN ARBOR, MI 48103 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.