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YPSILANTI, MI 48197

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The YPSILANTI, MI real estate market (48197) currently shows 109 active listings, with 50 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 35 days last year.

The median listing price has fallen 8.6% year-over-year, from $365,000 to $333,675.

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
109
⇧ 38% vs 79 last year
Pending
50
46% pending ratio
Median Price
$333,675
⇩ 8.6% vs $365,000 last year
Average Price
$360,289
⇩ 8.1% vs $392,025 last year
Days on Market
42
⇧ 20% vs 35 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 4.8% vs $187/sqft last year
Median Home Size
1,668 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 109 this year vs 79 last year
  • Days on market: 42 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $333,675 (-8.6% YoY)
  • Average: $360,289 (-8.1% 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 — 852 listings ($417,926,157 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48197Ypsilanti, MI 481970.0 mi106$39,868,614$349,950$376,119
48198Ypsilanti, MI 481985.8 mi107$31,725,821$227,500$296,503
48104Ann Arbor, MI 481046.4 mi77$61,461,246$399,000$798,198
48160Milan, MI 481608.3 mi37$13,634,278$349,900$368,494
48176Saline, MI 4817610.0 mi111$65,088,957$572,100$586,387
48187Canton, MI 4818711.6 mi67$30,580,341$399,000$456,423
48159Maybee, MI 4815912.4 mi5$2,457,335$342,450$491,467
48164New Boston, MI 4816413.0 mi32$11,151,072$359,999$348,471
48174Romulus, MI 4817414.1 mi80$18,623,520$197,400$232,794
48168Northville, MI 4816815.1 mi55$47,095,070$600,000$856,274
48185Westland, MI 4818515.7 mi73$17,850,398$239,900$244,526
48189Whitmore Lake, MI 4818916.8 mi29$15,502,414$471,500$534,566
48167Northville, MI 4816717.1 mi73$62,887,091$625,000$861,467

Frequently Asked Questions

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

As of February 2026, there are 109 active listings in YPSILANTI, MI (zip code 48197), compared to 79 the prior year.

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

The median listing price in YPSILANTI, MI 48197 is $333,675 as of February 2026, a 8.6% decrease from $365,000 the prior year.

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

Homes in YPSILANTI, MI 48197 spend an average of 42 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 48197?

Based on current inventory and days-on-market data as of February 2026, YPSILANTI, MI 48197 is currently a Buyer's Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 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 48197 save an estimated $6,674 compared to a typical 5% commission on the median listing price of $333,675. 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.