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Ypsilanti, MI 48198 Multi-family Properties For Sale

The median home value in Ypsilanti, MI 48198 is $183,400. This is lower than the county median home value of $340,000. The national median home value is $338,100. The average price of homes sold in Ypsilanti, MI 48198 is $183,400. Approximately 55.40% of Ypsilanti, MI 48198 homes are owned, compared to 39.26% rented, while 5.34% are vacant. Ypsilanti, MI 48198 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Ypsilanti, MI 48198 real estate agent to arrange a tour today!

Learn More About Ypsilanti, MI 48198 Real Estate

Statistics & facts

38,486 Population
$183K Medium Home Value
16,542 # of Households
5.34% Housing Vacancy
46.49% Future Job Growth
2.50% Unemployment Rate

Andrea D. Conner, License 11041580-PB00, Xome Inc., License 8732130-CN00, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of the content refresh date/time listed below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Buyer to verify all information. Properties may or may not be listed by the office/agent presenting the information. The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Population

Ypsilanti, MI 48198 has a population of approximately 38,486 and experiences a population change rate of -0.67%. The population density is 1,146 / sq mi.

Household

The median household income for Ypsilanti, MI 48198 is $55,774, with 16,542 households and an average household size of 2.42.

Cost of Living

The cost of living index in Ypsilanti, MI 48198 is 93.7%.

Home Value

The median value of a home in Ypsilanti, MI 48198 is $183,400 with an appreciation rate of 13.1%. 55.4% of housing in the zip code is owned while 39.3% is rented.

Employment

The unemployment rate in Ypsilanti, MI 48198 is 2.50%, and recent job growth is at 6.14%. Future job growth is projected at 46.49%.

Taxes

The sales tax rate in Ypsilanti, MI 48198 is 6.00%, while the income tax rate is 4.25%.

Education

School expenditures in Ypsilanti, MI 48198 are $16,020, and the school ratio is 15.2:1.

Weather

The average high temperature in July is 83.4 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33.7 inches per year, with 44.7 inches of snow per year.

Education near Ypsilanti MI, 48198

Metric City County
High School Graduates 92.89 95.72
College Degree - 2 year 7.1 6.86
College Degree - 4 year 42.95 57.2
Graduate Degree 17.14 19.01
Expenditures per Student $16,020 $16,020
Students per Teacher 15.20 15.20

Elementary Schools near Ypsilanti MI , 48198

School Grades Students P/T Ratio ZIP
Achieve Charter Academy KG - 08 744 23 48188
Adams Stem Academy KG - 06 405 15.6 48198
Bishop Elementary School KG - 05 547 16.6 48197
East Arbor Charter Academy KG - 08 757 19.1 48197
Erickson Elementary 01 - 06 349 18.6 48198
Ford Early Learning Center PK - 06 215 8.8 48198
Fortis Academy KG - 08 700 19.2 48197
Holmes Elementary KG - 06 354 15.4 48198
Rawsonville Elementary School KG - 04 450 15.8 48198
South Arbor Charter Academy KG - 08 779 20.7 48197
South Canton Scholars Charter Academy KG - 08 763 21.9 48188
South Pointe Scholars Charter Academy KG - 08 773 20.6 48198

Middle Schools near Ypsilanti MI , 48198

School Grades Students P/T Ratio ZIP
Lincoln Middle School 06 - 08 938 18 48197
Washtenaw International Middle Academy 05 - 08 179 16.8 48198
Ypsilanti Community Middle School 06 - 08 507 12.8 48198

High Schools near Ypsilanti MI , 48198

School Grades Students P/T Ratio ZIP
Actech High School 09 - 12 519 13.2 48197
Arbor Preparatory High School 09 - 12 411 22.1 48197
Early College Alliance 09 - 12 423 47 48197
Lincoln Senior High School 09 - 12 1237 21.4 48197
Washtenaw Alliance for Virtual Education 09 - 12 277 92.3 48197
Washtenaw International High School 09 - 12 372 18.3 48198
Ypsilanti New Tech High School 09 - 12 314 15.9 48197

Ungraded Schools near Ypsilanti MI , 48198

School Grades Students P/T Ratio ZIP
* Washtenaw Alliance for Virtual Education (Home) 09 - 12 1 null 48197
* WSC Academy - Ypsilanti Campus 09 - 12 87 21.7 48197
Forest School 02 - 12 37 7.4 48198