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Ann Arbor, MI 48103 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Ann Arbor, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 6969PendingPending sales: 77
Ann Arbor, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $380k$380kSoldMedian sold price (last 6 months): $515k$515k
What homes actually sell for in Ann Arbor, MI
Distribution of 506 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $675k
$255k to $361k: 69 sales$255k$361k to $466k: 108 sales108sales$466k to $572k: 97 sales$466k$572k to $678k: 86 sales$678k to $783k: 34 sales$678k$783k to $889k: 23 sales$889k to $994k: 26 sales$889k$994k to $1.1M: 12 salesMedian $515k

What the numbers say

As of September 14, 2026, Resideline is tracking 69 active listings and 7 pending sales in ZIP code 48103. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $380,000, while the median of the 506 closed sales Resideline tracked over the last six months was $515,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48103 for 67 days.

Frequently asked questions

What is the median home price in 48103?

The median closed sale price in Ann Arbor, MI 48103 was $515,000 over the last six months, based on 506 closed sales tracked by Resideline. The middle half of those sales ranged from $399,900 to $675,000.

Is 48103 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 69 active listings in 48103, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48103 currently looks like a balanced market.

Nearby ZIP code market data

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