Market Intelligence · MI / Ypsilanti

Ypsilanti, MI 48198 Housing Market

The typical home value in Ypsilanti, MI 48198 is $222,613, down 3.2% over the past year as of September 2026. The median list price sits at $234,998, and homes are spending a median of 42 days on the market.

Updated September 2026Median value$223K

The median home value in Ypsilanti, MI 48198 is $223K as of September 2026, down 3.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Sell without the wait

Sell your Ypsilanti home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48198 range

$205K to $240K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48198 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Ypsilanti, MI.

12-month value trend

-3.2% over 12 months

Sep 2025$230K

Low $223KHigh $230K

Sep 2026$223K

The numbers

What is the 48198 housing market like?

As of September 2026

Typical home value

$223K

3.2%YoY

Median list price

$235K

0.7%MoM

Days on market

31.3%MoM

Homes for sale

8.0%MoM

Price cuts

17.4%

30.7%MoM

New listings

26.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48198 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48198 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 48198 fell 3.2%, per the Zillow Home Value Index.

Will home prices drop in 48198?

Zillow's forecast does not call for a drop: it expects typical home values in 48198 to rise 2.1% by September 2027, after a 3.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 48198 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48198 home prices compare?

48198$222,613
Ypsilanti$282,448
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Ypsilanti: 2 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 81 homes for sale in the 48198 ZIP code, with 38 new listings coming on the market. The median list price of $234,998 sits above the typical home value of $222,613, which has fallen 3.2% over the past year. Homes are taking a median of 42 days to sell, and 17.4% of listings have had a price cut. Together these figures point to a market where buyers have room to negotiate. For a seller, that means pricing realistically from the start matters more than testing a high number.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $44,523

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 48198 worth?

The typical home value in 48198 is $222,613 as of September 2026, down 3.2% over the past year.

How long do homes take to sell in 48198?

Homes in 48198 spend a median of 42 days on the market as of September 2026.

Are sellers cutting prices in 48198?

As of September 2026, 17.4% of listings in 48198 had a price cut, with 81 homes for sale and 38 new listings.

Discover

Nearby ZIP markets.

Keep reading