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YPSILANTI, MI 48198

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 (48198) currently shows 93 active listings, with 46 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 34 days last year.

The median listing price has fallen 0% year-over-year, from $227,500 to $227,500.

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
93
⇧ 2.2% vs 91 last year
Pending
46
49% pending ratio
Median Price
$227,500
vs $227,500 last year
Average Price
$277,898
⇩ 1.4% vs $281,788 last year
Days on Market
65
⇧ 91.2% vs 34 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 5.4% vs $186/sqft last year
Median Home Size
1,273 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 91 last year
  • Days on market: 65 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $227,500 (+0% YoY)
  • Average: $277,898 (-1.4% 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 — 838 listings ($391,546,373 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48198Ypsilanti, MI 481980.0 mi107$31,725,821$227,500$296,503
48197Ypsilanti, MI 481975.8 mi106$39,868,614$349,950$376,119
48104Ann Arbor, MI 481046.7 mi77$61,461,246$399,000$798,198
48105Ann Arbor, MI 481057.1 mi66$58,761,318$660,000$890,323
48111Belleville, MI 481118.4 mi111$42,973,095$382,490$387,145
48184Wayne, MI 481849.9 mi40$8,572,320$164,900$214,308
48186Westland, MI 4818611.0 mi75$15,981,300$209,000$213,084
48167Northville, MI 4816711.4 mi73$62,887,091$625,000$861,467
48150Livonia, MI 4815012.8 mi46$13,643,600$287,000$296,600
48135Garden City, MI 4813513.1 mi56$13,021,176$221,200$232,521
48189Whitmore Lake, MI 4818913.7 mi29$15,502,414$471,500$534,566
48374Novi, MI 4837413.9 mi15$13,514,100$749,500$900,940
48160Milan, MI 4816014.1 mi37$13,634,278$349,900$368,494

Frequently Asked Questions

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

As of February 2026, there are 93 active listings in YPSILANTI, MI (zip code 48198), compared to 91 the prior year.

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

The median listing price in YPSILANTI, MI 48198 is $227,500 as of February 2026, a 0% increase from $227,500 the prior year.

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

Homes in YPSILANTI, MI 48198 spend an average of 65 days on the market before going under contract, compared to 34 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 February 2026, YPSILANTI, MI 48198 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 34 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 $4,550 compared to a typical 5% commission on the median listing price of $227,500. 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.