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YPSILANTI, MI 48197

Real Estate Market Report  ·  Washtenaw County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The YPSILANTI, MI real estate market (48197) currently shows 129 active listings, with 66 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 33 days last year.

The median listing price has fallen 5.3% year-over-year, from $362,450 to $343,200.

Whether you are buying or selling in YPSILANTI, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 66,422  ·  Density: 622.0/mi²  ·  Median household income: $67,521

Typical home value: $255,971  ·  Homeownership: 52.8%

Market Overview

Active Listings
129
⇧ 33% vs 97 last year
Pending
66
51% pending ratio
Median Price
$343,200
⇩ 5.3% vs $362,450 last year
Average Price
$361,554
⇩ 7.1% vs $389,144 last year
Days on Market
31
⇩ 6.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$198
⇧ 4.8% vs $189/sqft last year
Median Home Size
1,628 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 129 this year vs 97 last year
  • Days on market: 31 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $343,200 (-5.3% YoY)
  • Average: $361,554 (-7.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.1 miles — 881 listings ($464,905,170 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48197Ypsilanti, MI 481970.0 mi109$39,271,501$333,675$360,289
48198Ypsilanti, MI 481985.8 mi93$25,844,514$227,500$277,898
48104Ann Arbor, MI 481046.4 mi84$64,354,248$399,475$766,122
48160Milan, MI 481608.3 mi36$13,040,280$350,000$362,230
48176Saline, MI 4817610.0 mi109$64,881,923$576,775$595,247
48187Canton, MI 4818711.6 mi73$34,056,909$389,805$466,533
48159Maybee, MI 4815912.4 mi3$1,836,750$612,250$612,250
48164New Boston, MI 4816413.0 mi31$10,716,390$373,725$345,690
48174Romulus, MI 4817414.1 mi80$19,563,360$217,425$244,542
48168Northville, MI 4816815.1 mi62$55,058,170$600,000$888,035
48185Westland, MI 4818515.7 mi82$19,633,834$229,900$239,437
48189Whitmore Lake, MI 4818916.8 mi31$16,900,611$451,344$545,181
48167Northville, MI 4816717.1 mi88$99,746,680$832,450$1,133,485

Frequently Asked Questions

How many homes are for sale in YPSILANTI, MI 48197?

As of March 2026, there are 129 active listings in YPSILANTI, MI (zip code 48197), compared to 97 the prior year.

What is the median home price in YPSILANTI, MI 48197?

The median listing price in YPSILANTI, MI 48197 is $343,200 as of March 2026, a 5.3% decrease from $362,450 the prior year.

How long do homes stay on the market in YPSILANTI, MI?

Homes in YPSILANTI, MI 48197 spend an average of 31 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in YPSILANTI, MI 48197?

Based on current inventory and days-on-market data as of March 2026, YPSILANTI, MI 48197 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 33 days last year.

How much can I save on real estate commission in YPSILANTI, MI?

With SELL123.com's maximum 3% commission, sellers in YPSILANTI, MI 48197 save an estimated $6,864 compared to a typical 5% commission on the median listing price of $343,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.