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First Congregational United Church of Christ, 218 North Adams, Ypsilanti, Michigan - panoramioPhoto: Dwight Burdette · CC BY 3.0
Housing in Ypsilanti Township

516 homes sold in Ypsilanti Township in the last year, at a typical $353K

Redfin reports Ypsilanti Township’s sales by ZIP code, so these figures are for ZIP 48197, which takes in Ypsilanti Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Ypsilanti Township homes are listed.

Homes for sale in Ypsilanti TownshipZillowRealtor.comMore places to look ↓
Homes sold
516
ZIP 48197 · October 2025 to September 2026
Typical sale price
$353K
houses $371K · condos $244K (year to May 2026)
Price per square foot
$189
Michigan $168
Paid vs. asking
99.8%
38% sold over asking
For sale now
162
September 2026 · 48 sold that month
What sold · last 12 months · ZIP 48197

12% of Ypsilanti Township’s sales are condos, at $127K less than a house

426 houses and 62 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$371K

typical sale · 426 sold in the year to May 2026

Per square foot
$193MI $172
Days to sell
36
Sold over asking
45%
Condos$244K

typical sale · 62 sold in the year to May 2026

Per square foot
$187MI $190
Days to sell
44
Sold over asking
25%
14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

516 sales in the last year, against 959 in 2017 and a low of 508 in 2024. The typical sale went from $186K in 2016 to $353K.

Homes soldTypical sale price
02505007501000$175K$250K$325K$400K2012: 628 sold, typical $129K’122013: 746 sold, typical $148K2014: 847 sold, typical $162K’142015: 876 sold, typical $175K2016: 883 sold, typical $186K’162017: 959 sold, typical $206K2018: 873 sold, typical $220K’182019: 785 sold, typical $233K2020: 798 sold, typical $245K’202021: 869 sold, typical $277K2022: 730 sold, typical $308K’222023: 582 sold, typical $312K2024: 508 sold, typical $341K’242025: 508 sold, typical $346KLast 12 months: 516 sold, typical $353KNow

Source: Redfin Data Center, MLS sales; for ZIP 48197, which takes in Ypsilanti Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Ypsilanti Township

Houseat $193 a sq ft, year to May 2026
Condoat $187 a sq ft, year to May 2026
The same money in Michiganat $172 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Ypsilanti Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Ypsilanti Township are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of home sales in ZIP 48197 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 516 sales.

If you’re buying in Ypsilanti Township

  • Shop in September. It brings about 82 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
  • Bid near asking. Buyers paid 99.8% of the list price on average; 38% paid over.
  • You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 38 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 95 a month), but June is the most competitive: 49% of June sales close over asking. August and September offer nearly as much choice with fewer homes bid up (45%). January has the least competition (27%) but only about 45 new listings.

New listings a monthShare sold over asking
023.847.571.39520%40%60%Sweet spotJan: 45 new listings a month, 27% sold over asking, 53 days to sellJFeb: 45 new listings a month, 29% sold over asking, 53 days to sellFMar: 56 new listings a month, 32% sold over asking, 53 days to sellMApr: 69 new listings a month, 39% sold over asking, 45 days to sellAMay: 85 new listings a month, 45% sold over asking, 41 days to sellMJun: 94 new listings a month, 49% sold over asking, 39 days to sellJJul: 95 new listings a month, 48% sold over asking, 39 days to sellJAug: 90 new listings a month, 45% sold over asking, 39 days to sellASep: 82 new listings a month, 41% sold over asking, 40 days to sellSOct: 73 new listings a month, 36% sold over asking, 43 days to sellONov: 61 new listings a month, 32% sold over asking, 44 days to sellNDec: 49 new listings a month, 30% sold over asking, 47 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Michigan

Ypsilanti Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price38%35%54%28%
Gone within two weeksShare of homes under contract within 14 days45%42%52%40%
Price paid vs. askingAverage sale price ÷ list price99.8%99.3%102.1%98.1%
Days to sellMedian days from listing to contract38433436
Supply

116 homes for sale on a typical day

That’s 1.7 times the 2023 low (67), 25% fewer than in 2017–19 and well under 2014’s 284.

2012: 279 for sale’122013: 266 for sale2014: 284 for sale2015: 267 for sale’152016: 205 for sale2017: 170 for sale2018: 139 for sale’182019: 153 for sale2020: 132 for sale2021: 105 for sale’212022: 93 for sale2023: 67 for sale2024: 71 for sale’242025: 94 for saleLast 12 months: 116 for saleNow
Prices by type

Since 2019, houses are up 51%, condos 36%

A house typically sold for $371K in the year to May 2026 (426 sales), a condo for $244K (62).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $152K, 641 salesHouses 2014: $169K, 708 salesHouses 2015: $183K, 732 salesHouses 2016: $194K, 739 salesHouses 2017: $215K, 816 salesHouses 2018: $233K, 724 salesHouses 2019: $245K, 648 salesHouses 2020: $256K, 657 salesHouses 2021: $292K, 709 salesHouses 2022: $328K, 580 salesHouses 2023: $333K, 444 salesHouses 2024: $359K, 395 salesHouses 2025: $366K, 424 salesHouses last 12 months: $371K, 426 salesHouses $371KCondos 2013: $118K, 91 salesCondos 2014: $137K, 124 salesCondos 2015: $147K, 129 salesCondos 2016: $158K, 128 salesCondos 2017: $158K, 126 salesCondos 2018: $158K, 128 salesCondos 2019: $179K, 119 salesCondos 2020: $190K, 127 salesCondos 2021: $207K, 137 salesCondos 2022: $235K, 124 salesCondos 2023: $246K, 128 salesCondos 2024: $254K, 98 salesCondos 2025: $261K, 73 salesCondos last 12 months: $244K, 62 salesCondos $244K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 48197, which takes in Ypsilanti Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Ypsilanti Township home costs about $2,304 a month

Mortgage
Property tax
Insurance
Rent

Price: Ypsilanti Township’s typical sale, last 12 months. Property tax at Ypsilanti Township’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Ypsilanti Township is affordable on local pay is on Cost of living.

Before you buy in Ypsilanti Township

Six things worth knowing

95

New listings in July

The month with the most choice. January has the fewest, about 45.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $353K home, about $5,550 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Ypsilanti Township, from test results, graduation and how much students grow.

Schools in Ypsilanti Township
25 min

Typical commute

The average one-way trip to work for people who live in Ypsilanti Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ypsilanti, Belleville and Wayne sell for less a square foot; Ann Arbor for far more

The busier markets within 25 miles of Ypsilanti Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Ann Arbor1,103$469K$29130%44
Ypsilanti Township (ZIP 48197)516$353K$18938%38
Ypsilanti178$247K$17729%44
Wayne174$176K$14050%33
Saline165$397K$22033%44
Milan115$328K$19624%50
Belleville46$302K$18235%36

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Ypsilanti Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ypsilanti Township. People who follow the town see it, and so do people comparing Ypsilanti Township with their own town. No commission, no listing fee.

Questions about buying a home in Ypsilanti Township

What do homes sell for in Ypsilanti Township, MI?

516 homes sold in the year to September 2026 at a typical $353K, $189 a square foot. Houses sold for about $371K, condos for about $244K in the year to May 2026.

Is Ypsilanti Township a buyer’s or seller’s market?

A seller’s market: 162 homes were for sale in September 2026 and 48 sold, about 3.3 months of supply. Buyers paid 99.8% of asking on average.

When is the best time to buy in Ypsilanti Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Ypsilanti Township?

About 1.6% of a home’s value a year. On a $353K home that’s near $5,550.

Where can I see homes for sale in Ypsilanti Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Ypsilanti Township’s MLS listings; the search links above open each one filtered to Ypsilanti Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48197, which takes in Ypsilanti Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).