48160 — Milan, MI Home Values
Typical home value $316,425 as of June 2026 · 11th of 15 in Ann Arbor, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48160, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48160 compares in the Ann Arbor, MI area
ZIP code 48160 (Milan, MI) has a typical home value of $316,425 as of June 2026, ranking 11th of 15 ZIP codes tracked in the Ann Arbor, MI area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +4.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.0%, from $259,414 in June 2021 to $316,425 in June 2026.
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 48160 has a population of 14,308, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 81.5% White, 8.7% Black or African American, 5.5% Hispanic or Latino, 3.1% two or more races, 0.5% Asian, 0.3% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Young Adult Program | 8 PARK LN, MILAN, MI | 0.1 mi |
| Paddock Elementary School | 707 MARVIN ST, MILAN, MI | 0.6 mi |
| Milan Alternative Education | 920 NORTH ST, MILAN, MI | 0.7 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 48160?
$316,425 as of June 2026, the latest month Zillow has published observed data for.
Is 48160 an expensive ZIP code in the Ann Arbor, MI area?
48160 ranks 11th of 15 ZIP codes in the Ann Arbor, MI area by typical home value, more expensive than about 33% of ZIP codes in the metro.
How much have home values in 48160 changed over the past year?
+4.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48160?
14,308, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48160?
Young Adult Program (0.1 mi), Paddock Elementary School (0.6 mi), Milan Alternative Education (0.7 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 48160?
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.