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YPSILANTI, MI 48198

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The YPSILANTI, MI real estate market (48198) currently shows 114 active listings, with 56 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 29 days on market compared to 35 days last year.

The median listing price has fallen 6% year-over-year, from $249,950 to $235,000.

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: 39,867  ·  Density: 461.5/mi²  ·  Median household income: $58,479

Typical home value: $154,887  ·  Homeownership: 58.2%

Market Overview

Active Listings
114
⇧ 11.8% vs 102 last year
Pending
56
49% pending ratio
Median Price
$235,000
⇩ 6% vs $249,950 last year
Average Price
$304,451
⇩ 8.5% vs $332,654 last year
Days on Market
29
⇩ 17.1% vs 35 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 2.6% vs $191/sqft last year
Median Home Size
1,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 114 this year vs 102 last year
  • Days on market: 29 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $235,000 (-6% YoY)
  • Average: $304,451 (-8.5% 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 14.1 miles — 870 listings ($442,070,644 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48198Ypsilanti, MI 481980.0 mi93$25,844,514$227,500$277,898
48197Ypsilanti, MI 481975.8 mi109$39,271,501$333,675$360,289
48104Ann Arbor, MI 481046.7 mi84$64,354,248$399,475$766,122
48105Ann Arbor, MI 481057.1 mi82$72,047,496$651,975$878,628
48111Belleville, MI 481118.4 mi112$42,219,184$367,498$376,957
48184Wayne, MI 481849.9 mi47$13,098,289$167,450$278,687
48186Westland, MI 4818611.0 mi73$15,519,070$208,750$212,590
48167Northville, MI 4816711.4 mi88$99,746,680$832,450$1,133,485
48150Livonia, MI 4815012.8 mi36$10,555,596$289,950$293,211
48135Garden City, MI 4813513.1 mi60$13,649,880$218,700$227,498
48189Whitmore Lake, MI 4818913.7 mi31$16,900,611$451,344$545,181
48374Novi, MI 4837413.9 mi19$15,823,295$699,250$832,805
48160Milan, MI 4816014.1 mi36$13,040,280$350,000$362,230

Frequently Asked Questions

How many homes are for sale in YPSILANTI, MI 48198?

As of June 2026, there are 114 active listings in YPSILANTI, MI (zip code 48198), compared to 102 the prior year.

What is the median home price in YPSILANTI, MI 48198?

The median listing price in YPSILANTI, MI 48198 is $235,000 as of June 2026, a 6% decrease from $249,950 the prior year.

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

Homes in YPSILANTI, MI 48198 spend an average of 29 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in YPSILANTI, MI 48198?

Based on current inventory and days-on-market data as of June 2026, YPSILANTI, MI 48198 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 29 days on market compared to 35 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 48198 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.