The story of this market
The typical home in ZIP 48160 sells for about $345,000, or $185 per square foot.
Prices are up +6.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,177 a month.
ZIP 48160 — Milan
The 48160 housing market shows steady growth with a 6.1% year-over-year price increase, driven by limited inventory and consistent demand from commuters. While listing prices have moderated, the market remains competitive for well-priced homes. Data reflects a stable suburban environment with strong owner-occupancy rates.
This ZIP is well-suited for family buyers seeking suburban space and affordability, as well as commuters who prefer a quieter, semi-rural lifestyle within reach of Ann Arbor.
Median prices moved up 6.1% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 6.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48160
Crime rates in the Milan area are generally reported as lower than the national average, with property crime being the primary concern in this semi-rural setting.
Schools serving the area are primarily part of Milan Area Schools, which generally maintain stable performance ratings within the regional context.
The area is subject to standard Midwestern climate risks, including seasonal severe thunderstorms and occasional flooding in low-lying areas near the Saline River.
Economic momentum is driven by proximity to the Ann Arbor employment hub and local manufacturing and logistics operations in the Milan industrial corridor.
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.
Commuters primarily utilize US-23 to access the Ann Arbor and Metro Detroit employment centers, with average commute times reflecting a suburban-to-urban drive.
The area features access to Wilson Park, local golf courses, and proximity to various nature preserves and trails along the Saline River.
The rental market is characterized by low vacancy rates due to limited multi-family inventory and steady demand from commuters working in nearby cities.
The local economy is anchored by manufacturing, logistics, and service industries, with significant employment spillover from the nearby University of Michigan and Ann Arbor tech sector.
Transportation is heavily reliant on private vehicles via the US-23 corridor, with limited public transit options available for regional commuting.
Development is focused on residential expansion in the northern and eastern sections of the ZIP, bordering the growing Ann Arbor exurbs.
Assessments are managed by the respective county equalization departments, ensuring compliance with state-mandated valuation cycles.
Parcels are subject to local school district taxes and various county-level millages for public services and infrastructure.
Property insurance premiums are stable but reflect regional risks associated with severe weather events common to Southeast Michigan.
The state continues to see modest net domestic migration, with suburban areas like 48160 attracting families from higher-cost urban centers.
Michigan operates primarily as a non-judicial foreclosure state, with specific notice and redemption periods defined by state statute.
Sellers are required to provide a comprehensive real estate disclosure statement covering the condition of the property and known defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- BIG Best In Games - The Ultimate Event Party Venue!4.610.2 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.513.4 mi
- Rolling Hills Water Park4.56.8 mi
- Sky Zone Canton417 mi
- Kackleberry Farms4.417.5 mi
- Michigan Stadium4.813.6 mi
- Crisler Center4.813.6 mi
- Fox Hills Golf & Banquet Center4.619.7 mi
- BIG Best In Games - The Ultimate Event Party Venue!4.610.2 mi
- High Velocity Sports4.315.4 mi
- Cinemark Ann Arbor 20 and IMAX4.410.2 mi
- BIG Best In Games - The Ultimate Event Party Venue!4.610.2 mi
- Emagine Saline4.88.6 mi
- County Farm Park4.812.3 mi
- The Creature Conservancy4.911.8 mi
- Ann Arbor Hands-On Museum4.714.6 mi
- University of Michigan Museum of Natural History4.714.3 mi
- University of Michigan Museum of Art4.814.1 mi
- The Michigan Museum of Horror4.217.5 mi
- Kelsey Museum of Archaeology4.814.2 mi
- County Farm Park4.812.3 mi
- North Bay Park4.610.4 mi
- Crosswinds Marsh4.811.1 mi
- Lillie Park South4.610.1 mi
- Rolling Hills4.66.6 mi
- River Raisin Marina & Campground4.119.6 mi
- Sandy's Marina4.414.2 mi
- Detroit Beach Boat Club4.619.8 mi
- Eagle Crest Golf Club4.410.3 mi
- Washtenaw Golf Club4.511.3 mi
- Stonebridge Golf Club4.610.5 mi
- Lake Forest Golf Club4.312.2 mi
- Pine View Golf Course3.88.7 mi
- Briarwood Mall4.212 mi
- Meijer4.212.3 mi
- Meijer4.110.6 mi
- Kohl's4.212.2 mi
- Macy's4.112 mi
- Detroit Metropolitan Wayne County Airport4.318 mi
- Toledo Hospital4.428.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park featuring playgrounds and event space.
Provides local fishing and nature trail opportunities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).