Ann Arbor, MI Home Values (2026)
The median home value in Ann Arbor is about $551,000 (~$283/sq ft) — 90% more expensive than the typical U.S. home. Below: how Ann Arbor compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Ann Arbor?
Here’s what the numbers say about housing costs in Ann Arbor. A typical home runs about $551,000, which is 90% more expensive than the national median and 125% more expensive than the Michigan average. At roughly $283 per square foot, a median budget here buys you around 1,950 sq ft of home.
Prices swing a lot by neighborhood: across Ann Arbor’s 4 ZIP codes, the most affordable is 48108 (~$449,000) and the priciest is 48104 (~$588,000) — roughly a 1.3× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Ann Arbor home value by size
Using the local rate of about $283 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $283,000 |
| 1,500 sq ft | $424,500 |
| 2,000 sq ft | $566,000 |
| 2,500 sq ft | $707,500 |
| 3,000 sq ft | $849,000 |
Estimate your specific home in Ann Arbor
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Ann Arbor, MI
Typical value and price per square foot for each Ann Arbor ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 48104 | $588,000 | $420 |
| 48105 | $566,000 | $278 |
| 48103 | $536,000 | $287 |
| 48108 | $449,000 | $226 |
Grow your home’s value in Ann Arbor
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Ann Arbor stacks up against other Michigan cities on the Michigan home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.