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Featured local agent — Ypsilanti, MI
Sarah Mitchell
Compass Real Estate · Ypsilanti, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ypsilanti, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$241,000median sale price
How is the Ypsilanti, MI housing market right now?
The median home sale price in Ypsilanti, MI is $241,000, down 24.4% year-over-year. Homes sell in an average of 37 days with 49 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ypsilanti a buyer's or seller's market?
Ypsilanti, MI is currently a seller's market, based on 2.2 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
37
Average pace
Active listings
49
2.2 months supply
Sale-to-list
99.5%
Below asking
What does the Ypsilanti housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $241,000 |
| Median list price | $285,000 |
| Year-over-year price change | -24.4% |
| Average days on market | 37 days |
| Active inventory | 49 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 22 |
| New listings (latest month) | 26 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ypsilanti by property type?
How the Ypsilanti, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $297,050 | $195/sq ft | 11 | 29 days |
| Condo / Co-op | $245,000 | $185/sq ft | 9 | 61 days |
Source: Redfin · Updated monthly
The Ypsilanti housing market is currently classified as a seller's market with a median sale price of $241,000. Prices have fallen 24.4% compared to last year, with homes spending an average of 37 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.7x provides context for how home values compare to local earning capacity.
Homes for sale in Ypsilanti
There are currently 49 homes listed for sale in Ypsilanti, Michigan. The median listing price is $285K.
Active listings
49
Homes on market
Median list price
$285K
Avg. days on market
37
Days until sale
New this week
26
Newly listed
Who lives in Ypsilanti?
Population
19,937
Median income
$44,141/yr
Median age
27 years
Owner-occupied
33.3%
College grads
45.8%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Ypsilanti?
Zillow home value
$294,687
Zillow rent index
$1,435/mo
Price-to-rent ratio
17.1x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in Ypsilanti?
Ypsilanti is a community of approximately 20K residents with a median age of 27 years.The median household income is $44,141, which represents a working-class community with solid middle-income opportunities. 45.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 33.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ypsilanti offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ypsilanti?
30 schools tracked · 11,018 students
The largest public schools serving Ypsilanti, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lincoln Senior High School
Grades 9-12 · 888 students
South Arbor Charter Academy
Grades K-8 · 802 students
Lincoln Middle School
Grades 6-8 · 687 students
Fortis Academy
Grades K-8 · 639 students
South Pointe Scholars Charter Academy
Grades K-8 · 604 students
Washtenaw International High School
Grades 9-12 · 537 students
Childs Elementary School
Grades K-5 · 504 students
Brick Elementary School
Grades K-5 · 482 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ypsilanti, MI?
Want a head-to-head view? Compare Ypsilanti side-by-side with any other U.S. city using our market-comparison tool.
Is Ypsilanti a good real estate investment market?
For investors evaluating Ypsilanti, the price-to-rent ratio of 17.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 24.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ypsilanti's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ypsilanti's median home price.
Frequently asked questions
What is the average home price in Ypsilanti?
The median home sale price in Ypsilanti is $241,000, down 24.4% from last year.
How long do homes stay on market in Ypsilanti?
Homes typically spend 37 days on market before going under contract.
What is the median income in Ypsilanti?
The median household income is $44,141 per year.
Is Ypsilanti a buyer's or seller's market?
With 2.2 months of supply, Ypsilanti is currently a seller's market.
What is the Zillow home value estimate for Ypsilanti?
The Zillow Home Value Index (ZHVI) for Ypsilanti is $294,687, representing the typical home value in the area.
What is the median condo price in Ypsilanti?
The median condo/co-op sale price in Ypsilanti, MI is $245,000, compared to $297,050 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ypsilanti?
The median single-family home price in Ypsilanti, MI is $297,050 (about $195 per square foot).
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