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ANN ARBOR, MI 48108

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

Market Analysis

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

The ANN ARBOR, MI real estate market (48108) currently shows 114 active listings, with 44 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 38 days last year.

The median listing price has fallen 6.4% year-over-year, from $453,875 to $424,945.

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Market Context

Market Context

Population: 26,888  ·  Density: 618.8/mi²  ·  Median household income: $76,226

Typical home value: $351,662  ·  Homeownership: 55.0%

Market Overview

Active Listings
114
⇧ 42.5% vs 80 last year
Pending
44
39% pending ratio
Median Price
$424,945
⇩ 6.4% vs $453,875 last year
Average Price
$446,280
⇩ 10% vs $495,698 last year
Days on Market
41
⇧ 7.9% vs 38 days last year

Price Per Square Foot

Median $/sqft
$238
⇩ 1.2% vs $241/sqft last year
Median Home Size
1,812 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 114 this year vs 80 last year
  • Days on market: 41 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $424,945 (-6.4% YoY)
  • Average: $446,280 (-10% 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 17.7 miles — 851 listings ($403,814,289 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48108Ann Arbor, MI 481080.0 mi76$35,034,328$433,675$460,978
48197Ypsilanti, MI 481975.5 mi109$39,271,501$333,675$360,289
48176Saline, MI 481766.5 mi109$64,881,923$576,775$595,247
48198Ypsilanti, MI 481988.2 mi93$25,844,514$227,500$277,898
48191Willis, MI 4819111.1 mi4$1,224,700$306,175$306,175
48111Belleville, MI 4811112.8 mi112$42,219,184$367,498$376,957
48189Whitmore Lake, MI 4818913.3 mi31$16,900,611$451,344$545,181
48187Canton, MI 4818714.5 mi73$34,056,909$389,805$466,533
48178South Lyon, MI 4817815.8 mi124$68,059,756$472,040$548,869
48168Northville, MI 4816816.0 mi62$55,058,170$600,000$888,035
48139Hamburg, MI 4813916.4 mi1$734,000$734,000$734,000
48118Chelsea, MI 4811816.8 mi25$10,957,525$379,950$438,301
49286Tecumseh, MI 4928617.7 mi32$9,571,168$267,000$299,099

Frequently Asked Questions

How many homes are for sale in ANN ARBOR, MI 48108?

As of September 2026, there are 114 active listings in ANN ARBOR, MI (zip code 48108), compared to 80 the prior year.

What is the median home price in ANN ARBOR, MI 48108?

The median listing price in ANN ARBOR, MI 48108 is $424,945 as of September 2026, a 6.4% decrease from $453,875 the prior year.

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

Homes in ANN ARBOR, MI 48108 spend an average of 41 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in ANN ARBOR, MI 48108?

Based on current inventory and days-on-market data as of September 2026, ANN ARBOR, MI 48108 is currently a Buyer's Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 38 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 48108 save an estimated $8,499 compared to a typical 5% commission on the median listing price of $424,945. 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.