Altos Market Data for Realtors
Ann Arbor, MI 48108
Single-Family Homes
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Ann Arbor, MI 48108
Sat May 02 2026
This week the median list price for Ann Arbor, MI 48108 is $617,450 with the market action index hovering around 54. This is an increase over last month's market action index of 45. Inventory has decreased to 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $617,450 | |
| Median Price of New Listings | $687,500 | |
| Per Square Foot | $237 | |
| Average Days on Market | 77 | |
| Median Days on Market | 39 | |
| Price Decreased | 63% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 54 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $894,000 | 4,173 | 0.25 - 0.5 acre | 4 | 3.5 | 8 | 0 | 2 | 38 |
| $687,500 | 2,998 | 0.25 - 0.5 acre | 4 | 2.5 | 16 | 2 | 1 | 66 |
| $507,000 | 2,664 | 8,000 - 10,000 sqft | 3 | 2.3 | 36 | 0 | 1 | 31 |
| $304,900 | 936 | 8,000 - 10,000 sqft | 3 | 1 | 55 | 0 | 1 | 49 |