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Ypsilanti, MI 48198 Real Estate & Property Data

Ypsilanti, MI 48198 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 597 residential properties have been sold over the past 12 months in 48198. With a median sales price of $226,000 in 48198 and a total of 6 foreclosures in Ypsilanti, MI 48198. Discover market trends and get the granular level real estate data for Ypsilanti, MI 48198 to keep your pulse on the housing market. Curate compelling home reports for Ypsilanti, MI 48198 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Ypsilanti, MI 48198 Real Estate Market Trends

Get property data for any address in Ypsilanti, MI 48198 or the country:

Total Residential Properties 12,983

Total Commercial Properties 874

Avg. Home Age (Single Family Home) 59 Years

Avg. Square Feet (Single Family Home) 1,326

Total 2025 Residential Sales (year-to-date) 279

% of Homes Seriously Underwater (Q3 2025) 0.73%

Total 2024 Residential Sales 525

% of Equity Rich Homes (Q3 2025) 41.76%

Effective 2024 Property Tax 1.31%

Total Foreclosure Filings (year-to-date) 32

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Ypsilanti, MI 48198 Real Estate Overview

There were 597 residential properties sold in the past year in Ypsilanti, MI 48198. The median home value in Ypsilanti, MI 48198 is $231,883. There are a total of 12,983 residential properties in the 48198.

Median Sales Price i

$226,000

(Jun 2025)

-3.4%

year-over-year

y-o-y

June '25 Jun '25 $226,000
May '25 May '25 $220,000
April '25 Apr '25 $218,450
March '25 Mar '25 $250,000
February '25 Feb '25 $210,000
January '25 Jan '25 $226,000
December '24 Dec '24 $215,000
November '24 Nov '24 $202,000
October '24 Oct '24 $210,000
September '24 Sep '24 $209,000
August '24 Aug '24 $223,000
July '24 Jul '24 $240,000

Median Down Payment i

$21,705

(Jun 2025)

+60.1%

year-over-year

y-o-y

June '25 Jun '25 $21,705
May '25 May '25 $31,300
April '25 Apr '25 $13,400
March '25 Mar '25 $30,350
February '25 Feb '25 $32,750
January '25 Jan '25 $12,000
December '24 Dec '24 $30,000
November '24 Nov '24 $9,130
October '24 Oct '24 $18,579
September '24 Sep '24 $24,000
August '24 Aug '24 $27,300
July '24 Jul '24 $35,621

Number of Homes Sold i

44

(Jun 2025)

+46.7%

year-over-year

y-o-y

June '25 Jun '25 44
May '25 May '25 64
April '25 Apr '25 53
March '25 Mar '25 36
February '25 Feb '25 40
January '25 Jan '25 42
December '24 Dec '24 37
November '24 Nov '24 30
October '24 Oct '24 51
September '24 Sep '24 46
August '24 Aug '24 80
July '24 Jul '24 44

Number of Purchase Loans i

40

(Jun 2025)

+73.9%

year-over-year

y-o-y

June '25 Jun '25 40
May '25 May '25 54
April '25 Apr '25 44
March '25 Mar '25 24
February '25 Feb '25 32
January '25 Jan '25 35
December '24 Dec '24 30
November '24 Nov '24 19
October '24 Oct '24 37
September '24 Sep '24 33
August '24 Aug '24 55
July '24 Jul '24 39

Number of REFI Loans i

19

(Jun 2025)

+58.3%

year-over-year

y-o-y

June '25 Jun '25 19
May '25 May '25 23
April '25 Apr '25 22
March '25 Mar '25 23
February '25 Feb '25 26
January '25 Jan '25 23
December '24 Dec '24 27
November '24 Nov '24 30
October '24 Oct '24 34
September '24 Sep '24 30
August '24 Aug '24 26
July '24 Jul '24 19

Number of HELOC Loans i

16

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 16
May '25 May '25 15
April '25 Apr '25 13
March '25 Mar '25 14
February '25 Feb '25 9
January '25 Jan '25 10
December '24 Dec '24 22
November '24 Nov '24 6
October '24 Oct '24 10
September '24 Sep '24 12
August '24 Aug '24 24
July '24 Jul '24 6

Ypsilanti, MI 48198 Real Estate Market Overview

Last 30 days

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Ypsilanti, MI 48198 Foreclosure Activity

There were a total of 6 Ypsilanti, MI 48198 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

6

(Jun 2025)

+200%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 5
April '25 Apr '25 7
March '25 Mar '25 5
February '25 Feb '25 7
January '25 Jan '25 2
December '24 Dec '24 6
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 2

Foreclosure Starts i

6

(Jun 2025)

+200%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 5
April '25 Apr '25 7
March '25 Mar '25 5
February '25 Feb '25 7
January '25 Jan '25 2
December '24 Dec '24 6
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 2

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 2
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 1

Nearby Zip Codes

1. 48197

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