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Area data

Ann arbor, MI — ZIP 48108

Population: 27,666 (Census ACS)

Home values & appreciation

Median home value
$449,142
1-year appreciation
+1.9%
3-year appreciation
+8.2%
5-year appreciation
+24.9%
10-year appreciation
+67.3%
All-time peak (2026-04)
$451,681
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$616,500
Median list price
$562,450
Median days on market
37 days
Sale-to-list ratio
100.8%
Active listings
39
1-year forecast
+0.3%
Days to pending
34 days
New listings (monthly)
39

Rents

Typical rent
$1,729/mo
1-year rent change
+1.2%
1BR fair-market rent
$1,029/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
3
Middle schools
1
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, iceStorm, lightning, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
48.7°F
Average high
59.0°F
Average low
37.7°F
Annual precipitation
35.8 in
Annual snowfall
58.0 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
168
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
11.5 / 20
Transit service frequency
502

Amenities

National parks within ~60 mi
1
Nearest national park
River Raisin National Battlefield Park (28 mi)
Nearest airport
Ann Arbor Municipal Airport (ARB) (1 mi)
Nearest major airport
Willow Run Airport (YIP) (10 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-2,092 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$6,309
Mean commute to work
17 min
Households with broadband internet
89.6%

Employment & development

Total county employment
133,883
Average weekly wage
$1,328
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
553

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents