Call or Text (240) SELL-123
Arborland Mall Brentwood Square Burns Park Central Chalmers Downtown Geddes Farms Georgetown Commons Huron Chase Huron Hills Woodlands Huron Parkway Jackson-huron Kensington-marlborough Kerrytown Kimberly Hills Main Street Minerva Road New West Side North Burns Park North Central Northeast Old Fourth Ward Old Hickory Place Oxbridge Packard And Stadium Sloan Plaza South Area South Main South University State Street Thornoaks Tuomy Farm Tuomy Hills Village Cooperative Homes Walden Woods Woodcreek Woodhaven Hills

ANN ARBOR, MI 48104

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48104

Arborland Mall · Brentwood Square · Burns Park · Central · Chalmers · Downtown · Geddes Farms · Georgetown Commons · Huron Chase · Huron Hills Woodlands · Huron Parkway · Jackson-huron · Kensington-marlborough · Kerrytown · Kimberly Hills · Main Street · Minerva Road · New West Side · North Burns Park · North Central · Northeast · Old Fourth Ward · Old Hickory Place · Oxbridge · Packard And Stadium · Sloan Plaza · South Area · South Main · South University · State Street · Thornoaks · Tuomy Farm · Tuomy Hills · Village Cooperative Homes · Walden Woods · Woodcreek · Woodhaven Hills

Market Analysis

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

The ANN ARBOR, MI real estate market (48104) currently shows 134 active listings, with 46 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

The median listing price has fallen 14.8% year-over-year, from $612,000 to $521,250.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ANN ARBOR, MI 48104 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 45,161  ·  Density: 2,236.9/mi²  ·  Median household income: $58,224

Typical home value: $485,111  ·  Homeownership: 35.4%

Market Overview

Active Listings
134
⇧ 10.7% vs 121 last year
Pending
46
34% pending ratio
Median Price
$521,250
⇩ 14.8% vs $612,000 last year
Average Price
$771,671
⇩ 1.6% vs $784,006 last year
Days on Market
47
⇧ 2.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$378
⇩ 8.9% vs $415/sqft last year
Median Home Size
1,607 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 134 this year vs 121 last year
  • Days on market: 47 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $521,250 (-14.8% YoY)
  • Average: $771,671 (-1.6% 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 17.5 miles — 888 listings ($613,824,069 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48104Ann Arbor, MI 481040.0 mi84$64,354,248$399,475$766,122
48105Ann Arbor, MI 481054.7 mi82$72,047,496$651,975$878,628
48103Ann Arbor, MI 481036.4 mi117$80,494,362$526,175$687,986
48176Saline, MI 481769.2 mi109$64,881,923$576,775$595,247
48130Dexter, MI 4813011.4 mi43$31,007,730$622,411$721,110
48188Canton, MI 4818811.9 mi102$45,388,470$412,450$444,985
48191Willis, MI 4819112.6 mi4$1,224,700$306,175$306,175
48178South Lyon, MI 4817812.8 mi124$68,059,756$472,040$548,869
48168Northville, MI 4816813.3 mi62$55,058,170$600,000$888,035
48167Northville, MI 4816715.2 mi88$99,746,680$832,450$1,133,485
48118Chelsea, MI 4811816.7 mi25$10,957,525$379,950$438,301
48165New Hudson, MI 4816517.1 mi41$19,192,264$539,950$468,104
49236Clinton, MI 4923617.5 mi7$1,410,745$217,380$201,535

Frequently Asked Questions

How many homes are for sale in ANN ARBOR, MI 48104?

As of July 2026, there are 134 active listings in ANN ARBOR, MI (zip code 48104), compared to 121 the prior year.

What is the median home price in ANN ARBOR, MI 48104?

The median listing price in ANN ARBOR, MI 48104 is $521,250 as of July 2026, a 14.8% decrease from $612,000 the prior year.

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

Homes in ANN ARBOR, MI 48104 spend an average of 47 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in ANN ARBOR, MI 48104?

Based on current inventory and days-on-market data as of July 2026, ANN ARBOR, MI 48104 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

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 48104 save an estimated $10,425 compared to a typical 5% commission on the median listing price of $521,250. 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.