48104 — Ann Arbor, MI Home Values
Typical home value $593,803 as of June 2026 · 1st of 15 in Ann Arbor, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48104, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48104 compares in the Ann Arbor, MI area
ZIP code 48104 (Ann Arbor, MI) has a typical home value of $593,803 as of June 2026, ranking 1st of 15 ZIP codes tracked in the Ann Arbor, MI area, the most expensive ZIP code in the metro. Prices here have moved +4.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.1%, from $474,773 in June 2021 to $593,803 in June 2026. Against observed rent, the typical home here sells for 21.8× the annual rent ($2,266/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 48104 has a population of 43,762, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.8% White, 13.7% Asian, 4.5% Black or African American, 4% Hispanic or Latino, 3.7% two or more races, 0.2% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Tappan Middle School | 2251 E STADIUM BLVD, ANN ARBOR, MI | 0.1 mi |
| Pattengill School | 2100 CRESTLAND ST, ANN ARBOR, MI | 0.5 mi |
| Burns Park Elementary School | 1414 WELLS ST, ANN ARBOR, 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 48104?
$593,803 as of June 2026, the latest month Zillow has published observed data for.
Is 48104 an expensive ZIP code in the Ann Arbor, MI area?
48104 ranks 1st of 15 ZIP codes in the Ann Arbor, MI area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 48104 changed over the past year?
+4.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48104?
The typical home price is 21.8× the observed annual rent in this ZIP code ($2,266/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48104?
43,762, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48104?
Tappan Middle School (0.1 mi), Pattengill School (0.5 mi), Burns Park Elementary School (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 48104?
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.