48189 — Washtenaw County, Michigan Market Snapshot
Housing market data for zip code 48189 in Washtenaw County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$404,748
Days to Sell
39
Homes Sold
34
Inventory
28
Sale-to-List
97.7%
New Listings
53
Price/SqFt
$235
Pending Sales
44
Conforming Loan Available
Most homebuyers in 48189 can comfortably use conventional financing. The median home price of $404,748 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
48189's market is balanced with homes taking an average of 39 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 48189 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 48189 can comfortably use conventional financing. The median home price of $404,748 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 48189 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 48189
To purchase the median home at $404,748 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,251.
Monthly Payment
$3,251
Income Required
$139,331
Principal & Interest
$2,494/mo
Down Payment (5%)
$20,237
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 48189.
Estimated Monthly Payment
$2,655
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