Ypsilanti, MI 48197 Real Estate & Property Data

Ypsilanti, MI 48197 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 653 residential properties have been sold over the past 12 months in 48197. With a median sales price of $350,000 in 48197 and a total of 5 foreclosures in Ypsilanti, MI 48197. Discover market trends and get the granular level real estate data for Ypsilanti, MI 48197 to keep your pulse on the housing market. Curate compelling home reports for Ypsilanti, MI 48197 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Ypsilanti, MI 48197 Real Estate Market Trends
Total Residential Properties 17,196
Total Commercial Properties 1,097
Avg. Home Age (Single Family Home) 47 Years
Avg. Square Feet (Single Family Home) 1,791
Total 2025 Residential Sales (year-to-date) 375
% of Homes Seriously Underwater (Q3 2025) 0.76%
Total 2024 Residential Sales 556
% of Equity Rich Homes (Q3 2025) 46.82%
Effective 2024 Property Tax 1.23%
Total Foreclosure Filings (year-to-date) 34
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Ypsilanti, MI 48197 Real Estate Overview

There were 653 residential properties sold in the past year in Ypsilanti, MI 48197. The median home value in Ypsilanti, MI 48197 is $362,638. There are a total of 17,196 residential properties in the 48197.

Median Sales Price i
$350,000
(Jul 2025)
-5.4%
year-over-year
y-o-y
  • July '25 Jul '25 $350,000
  • June '25 Jun '25 $370,000
  • May '25 May '25 $367,550
  • April '25 Apr '25 $354,500
  • March '25 Mar '25 $340,000
  • February '25 Feb '25 $327,000
  • January '25 Jan '25 $294,950
  • December '24 Dec '24 $335,000
  • November '24 Nov '24 $370,000
  • October '24 Oct '24 $359,500
  • September '24 Sep '24 $350,500
  • August '24 Aug '24 $360,000
Median Down Payment i
$23,264
(Jul 2025)
-53.5%
year-over-year
y-o-y
  • July '25 Jul '25 $23,264
  • June '25 Jun '25 $68,250
  • May '25 May '25 $50,125
  • April '25 Apr '25 $57,400
  • March '25 Mar '25 $44,900
  • February '25 Feb '25 $54,900
  • January '25 Jan '25 $49,375
  • December '24 Dec '24 $58,750
  • November '24 Nov '24 $59,500
  • October '24 Oct '24 $75,000
  • September '24 Sep '24 $63,500
  • August '24 Aug '24 $59,650
Number of Homes Sold i
66
(Jul 2025)
+37.5%
year-over-year
y-o-y
  • July '25 Jul '25 66
  • June '25 Jun '25 63
  • May '25 May '25 76
  • April '25 Apr '25 59
  • March '25 Mar '25 39
  • February '25 Feb '25 31
  • January '25 Jan '25 41
  • December '24 Dec '24 40
  • November '24 Nov '24 40
  • October '24 Oct '24 48
  • September '24 Sep '24 36
  • August '24 Aug '24 66
Number of Purchase Loans i
57
(Jul 2025)
+50%
year-over-year
y-o-y
  • July '25 Jul '25 57
  • June '25 Jun '25 54
  • May '25 May '25 63
  • April '25 Apr '25 54
  • March '25 Mar '25 34
  • February '25 Feb '25 25
  • January '25 Jan '25 31
  • December '24 Dec '24 36
  • November '24 Nov '24 34
  • October '24 Oct '24 39
  • September '24 Sep '24 44
  • August '24 Aug '24 60
Number of REFI Loans i
43
(Jul 2025)
+79.2%
year-over-year
y-o-y
  • July '25 Jul '25 43
  • June '25 Jun '25 25
  • May '25 May '25 27
  • April '25 Apr '25 42
  • March '25 Mar '25 39
  • February '25 Feb '25 35
  • January '25 Jan '25 50
  • December '24 Dec '24 37
  • November '24 Nov '24 36
  • October '24 Oct '24 34
  • September '24 Sep '24 41
  • August '24 Aug '24 45
Number of HELOC Loans i
24
(Jul 2025)
+60%
year-over-year
y-o-y
  • July '25 Jul '25 24
  • June '25 Jun '25 19
  • May '25 May '25 24
  • April '25 Apr '25 21
  • March '25 Mar '25 13
  • February '25 Feb '25 18
  • January '25 Jan '25 20
  • December '24 Dec '24 21
  • November '24 Nov '24 23
  • October '24 Oct '24 17
  • September '24 Sep '24 19
  • August '24 Aug '24 36

Ypsilanti, MI 48197 Foreclosure Activity

There were a total of 5 Ypsilanti, MI 48197 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
5
(Jul 2025)
+150%
year-over-year
y-o-y
  • July '25 Jul '25 5
  • June '25 Jun '25 N/A
  • May '25 May '25 6
  • April '25 Apr '25 5
  • March '25 Mar '25 7
  • February '25 Feb '25 6
  • January '25 Jan '25 5
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 9
  • September '24 Sep '24 3
  • August '24 Aug '24 6
Foreclosure Starts i
5
(Jul 2025)
+150%
year-over-year
y-o-y
  • July '25 Jul '25 5
  • June '25 Jun '25 N/A
  • May '25 May '25 6
  • April '25 Apr '25 5
  • March '25 Mar '25 7
  • February '25 Feb '25 6
  • January '25 Jan '25 5
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 9
  • September '24 Sep '24 3
  • August '24 Aug '24 6
Completed Foreclosures (REOs) i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
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