The story of this market
The typical home in ZIP 48105 sells for about $600,000, or $269 per square foot.
Prices are up +15.4% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,713 a month.
ZIP 48105 — Ann Arbor
The 48105 housing market is highly competitive with significant year-over-year price appreciation driven by limited inventory and strong demand. While listing prices remain elevated, the market is currently balanced, reflecting stable conditions for both buyers and sellers. Specific demographic and tax data for this ZIP were not available in the provided sources.
This ZIP is well-suited for university-affiliated professionals, families seeking access to high-quality schools, and investors looking for stable rental demand.
Median prices moved up 15.4% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 16.8% — a stable, low-distress profile.
ZIP code tabulation area 48105
The area is served by the Ann Arbor Public Schools district, which is generally highly regarded for its academic performance and resources.
The area benefits from its proximity to the University of Michigan, which serves as a major economic anchor and driver of regional development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents typically have a short commute to the University of Michigan and downtown Ann Arbor employment hubs.
The area features access to numerous parks, trails, and green spaces associated with the Ann Arbor park system.
The rental market is heavily influenced by the university student population, leading to consistent demand and low vacancy pressure.
The economy is anchored by the University of Michigan, with significant presence in education, healthcare, and research sectors.
The area is served by local bus transit and major highway corridors connecting to the broader Ann Arbor metro area.
- Michigan Stadium4.84.8 mi
- Vibe Credit Union Showplace4.315.2 mi
- Cantoro's Italian Market - Plymouth4.714.7 mi
- Crisler Center4.84.8 mi
- Fox Hills Golf & Banquet Center4.66.4 mi
- Cinemark Ann Arbor 20 and IMAX4.47.2 mi
- Ann Arbor Hands-On Museum4.73.8 mi
- Matthaei Botanical Gardens4.83 mi
- Maybury State Park4.811.4 mi
- University of Michigan Museum of Natural History4.73.7 mi
- Ann Arbor Hands-On Museum4.73.8 mi
- University of Michigan Museum of Natural History4.73.7 mi
- University of Michigan Museum of Art4.84.1 mi
- Sri Venkateswara Temple & Cultural Center4.815.1 mi
- Eloise Asylum4.419 mi
- Matthaei Botanical Gardens4.83 mi
- Maybury State Park4.811.4 mi
- Gallup Park4.73.7 mi
- University of Michigan Nichols Arboretum4.83.5 mi
- Heritage Park4.611.3 mi
- Mac's Marina Inc4.57.3 mi
- Fox Hills Golf & Banquet Center4.66.4 mi
- Tanglewood Golf Course4.411 mi
- Moose Ridge Golf Course4.39.7 mi
- Huron Meadows Metropark4.611.1 mi
- Links of Novi4.212.5 mi
- Briarwood Mall4.26.4 mi
- Meijer4.26.9 mi
- Meijer4.16.8 mi
- Meijer4.17.4 mi
- Meijer4.211.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and economic driver for the region.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).