Zip 48103 (Ann Arbor, MI) Housing

The housing market in 48103 Ann Arbor, MI is doing well compared to the US Housing Market. The median value of a home in this city is $424,900, which is significantly higher than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation is 8.27%, while the 1 year appreciation in 48103 Ann Arbor, MI is 8.47%. This data suggests that housing in 48103 Ann Arbor, MI continues to remain desirable and increase in value at a rate higher than the rest of the country.

The median home cost in Ann Arbor (zip 48103) is $424,900. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Ann Arbor (zip 48103) is up 13.1%.

Average Age of Homes

- The median age of Ann Arbor (zip 48103) real estate is 43 years old

The Rental Market in Ann Arbor (zip 48103)

- Renters make up 32.4% of the Ann Arbor (zip 48103) population
- 1.1% of houses and apartments in Ann Arbor (zip 48103), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ann Arbor, Michigan	United States
	25,222.0	139,647,020.0
	45	42
	$424,900	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$16.22	$10.98
	$6,348	$2,690
	64.1%	57.4%
	5.3%	11.2%
	30.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	1.4%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.7%	2.4%
	1.0%	2.8%
	0.2%	3.9%
	0.6%	4.5%
	1.8%	11.3%
	2.7%	13.0%
	15.4%	20.1%
	26.7%	13.6%
	23.7%	8.3%
	16.4%	9.7%
	6.0%	3.9%
	1.3%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	18.2%	13.6%
	12.0%	13.2%
	10.6%	14.8%
	18.2%	13.6%
	14.2%	10.0%
	4.4%	4.7%
	13.7%	12.2%

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