48103 — Washtenaw County, Michigan Market Snapshot
Housing market data for zip code 48103 in Washtenaw County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
134 sales in 2026 (year to date)
Median Sale Price
$592,500
Days to Sell
31
Homes Sold
134
Inventory
117
Sale-to-List
101.7%
New Listings
208
Price/SqFt
$302
Pending Sales
174
Conforming Loan Available
Most homebuyers in 48103 can comfortably use conventional financing. The median home price of $592,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
48103's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 48103 (101.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48103 can comfortably use conventional financing. The median home price of $592,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48103 are set at the county level.
2026 Loan Limits — Washtenaw County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48103
To purchase the median home at $592,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,690.
Monthly Payment
$4,690
Income Required
$200,981
Principal & Interest
$3,651/mo
Down Payment (5%)
$29,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48103.
Estimated Monthly Payment
$3,817
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