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Ypsilanti, MI 48198 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Ypsilanti, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3737PendingPending sales: 33
Ypsilanti, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $230k$230kSoldMedian sold price (last 6 months): $250k$250k
What homes actually sell for in Ypsilanti, MI
Distribution of 322 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $200k to $335k
$115k to $164k: 32 sales$115k$164k to $213k: 52 sales$213k to $261k: 74 sales74sales$213k$261k to $310k: 57 sales$310k to $359k: 19 sales$310k$359k to $408k: 32 sales$408k to $456k: 16 sales$408k$456k to $505k: 8 salesMedian $250k

What the numbers say

As of October 26, 2026, Resideline is tracking 37 active listings and 3 pending sales in ZIP code 48198. That pending-to-active ratio of 0.08 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $230,000, while the median of the 322 closed sales Resideline tracked over the last six months was $250,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48198 for 81 days.

Frequently asked questions

What is the median home price in 48198?

The median closed sale price in Ypsilanti, MI 48198 was $250,000 over the last six months, based on 322 closed sales tracked by Resideline. The middle half of those sales ranged from $200,000 to $335,000.

Is 48198 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 37 active listings in 48198, a pending-to-active ratio of 0.08. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48198 is currently a typical-pace market.

Nearby ZIP code market data

Full Ypsilanti, MI housing market report →

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