48103 — Ann Arbor, MI Home Values
Typical home value $540,612 as of June 2026 · 3rd of 15 in Ann Arbor, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48103, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48103 compares in the Ann Arbor, MI area
ZIP code 48103 (Ann Arbor, MI) has a typical home value of $540,612 as of June 2026, ranking 3rd of 15 ZIP codes tracked in the Ann Arbor, MI area, more expensive than about 87% of ZIP codes in the metro. Prices here have moved +2.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.4%, from $441,536 in June 2021 to $540,612 in June 2026. Against observed rent, the typical home here sells for 21.6× the annual rent ($2,087/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Ann Arbor, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Ann Arbor.
Population and demographics
ZIP code 48103 has a population of 54,635, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.4% White, 10.2% Asian, 5.1% Hispanic or Latino, 5% two or more races, 4.9% Black or African American, 1% another race, and 0.4% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| LocalBased SpecEd Programs | 1735 S WAGNER RD, ANN ARBOR, MI | 2.6 mi |
| Washtenaw Deaf and Hard of Hearing Program | 1735 S WAGNER RD, ANN ARBOR, MI | 2.6 mi |
| High Point School | 1735 S WAGNER RD, ANN ARBOR, MI | 2.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48103?
$540,612 as of June 2026, the latest month Zillow has published observed data for.
Is 48103 an expensive ZIP code in the Ann Arbor, MI area?
48103 ranks 3rd of 15 ZIP codes in the Ann Arbor, MI area by typical home value, more expensive than about 87% of ZIP codes in the metro.
How much have home values in 48103 changed over the past year?
+2.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48103?
The typical home price is 21.6× the observed annual rent in this ZIP code ($2,087/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48103?
54,635, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48103?
LocalBased SpecEd Programs (2.6 mi), Washtenaw Deaf and Hard of Hearing Program (2.6 mi), High Point School (2.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48103?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Ann Arbor, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.