The story of this market
The typical home in ZIP 48198 sells for about $225,000, or $185 per square foot.
Prices are up +2.27% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,276 a month.
ZIP 48198 — Ypsilanti
The 48198 housing market is currently balanced, with a median sale price of $225,000 and steady buyer interest. Inventory levels remain moderate at 114 active listings, reflecting a stable environment for both buyers and sellers in the Ypsilanti area.
This ZIP is well-suited for first-time homebuyers, families, and investors seeking affordability relative to the neighboring Ann Arbor market.
Median prices moved up 2.3% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.3% · poverty 18.7% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48198, Washtenaw County, MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area benefits from proximity to Eastern Michigan University and regional employment hubs in Washtenaw County, with ongoing residential development such as Prospect Pointe West.
Property taxes are assessed at the local level within Washtenaw County; specific millage rates vary by municipality and school district.
The ZIP provides access to major regional corridors including I-94, facilitating commutes toward Ann Arbor and the broader Detroit metropolitan area.
The area features local parks and proximity to the Huron River greenway, with shopping and dining options concentrated along the Washtenaw Avenue corridor.
The rental market shows stable demand with a median rent of $1,600, supported by a mix of student and workforce housing needs.
The local economy is anchored by education, healthcare, and manufacturing sectors, with significant influence from nearby Eastern Michigan University.
The area is served by regional highway networks including I-94 and local bus transit provided by The Ride (AAATA).
Ongoing residential expansion is visible in new construction projects like Prospect Pointe West.
Parcels are subject to local school district and municipal tax levies within Washtenaw County.
Data sourced from Data Commons/Census Bureau.
- Michigan Stadium4.89.1 mi
- Vibe Credit Union Showplace4.315.3 mi
- Ford's Garage Dearborn4.617.2 mi
- Cantoro's Italian Market - Plymouth4.711 mi
- Crisler Center4.89 mi
- Cinemark Ann Arbor 20 and IMAX4.46.5 mi
- Emagine Canton4.68 mi
- MJR Westland Grand Cinema 164.410.5 mi
- Ann Arbor Hands-On Museum4.79 mi
- AMC Livonia 203.812.9 mi
- Henry Ford Museum of American Innovation4.817.3 mi
- Greenfield Village4.817.5 mi
- Ann Arbor Hands-On Museum4.79 mi
- University of Michigan Museum of Natural History4.78.3 mi
- University of Michigan Museum of Art4.88.6 mi
- Matthaei Botanical Gardens4.85.1 mi
- Maybury State Park4.811 mi
- Lower Huron Metropark - Turtle Cove Family Aquatic Center4.59.7 mi
- Gallup Park4.76.6 mi
- University of Michigan Nichols Arboretum4.88 mi
- Sandy's Marina4.47.7 mi
- Mac's Marina Inc4.514.5 mi
- Wonderland Marine West4.219.9 mi
- Fox Hills Golf & Banquet Center4.66.3 mi
- Tanglewood Golf Course4.412.6 mi
- University of Michigan Golf Course4.68.9 mi
- Oasis Golf Center411 mi
- Barton Hills Country Club4.710.5 mi
- Briarwood Mall4.29.3 mi
- Meijer4.210.3 mi
- Meijer4.16.1 mi
- Cantoro's Italian Market - Plymouth4.711 mi
- Meijer4.25.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational access and greenway trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.