48198 Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for 48198. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in 48198, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in 48198. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in 48198. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the 48198. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in 48198 during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in 48198, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of 48198s list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of 48198s sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in 48198, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of 48198s rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in 48198 (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in 48198 whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in 48198 whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in 48198 that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in 48198 that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in 48198 where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in 48198 whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in 48198 whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in 48198 that were sold in the past 12 months.
  • $81,500
  • 12.6%Y-o-Y
  • Calculated 03/17/2014*
  • *Includes data and transactions through 02/28/2014
 
 
 
 
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This data is not available for 48198.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Feb 2014
79055
0.2%
1.7%
12.6%
81500
78975
0.3%
1.2%
6.3%
275800
78976
0.4%
1.3%
12.2%
304300
78977
0.5%
1.7%
7.3%
294300
78978
78979
78980
0.0%
1.8%
10.7%
214700
78981
78985
78987
78990
0.2%
1.7%
14.3%
217100
79000
0.0%
0.2%
5.3%
260500
79006
0.4%
2.6%
12.7%
168100
79021
0.5%
1.8%
13.2%
192500
79023
-0.1%
0.4%
7.6%
138200
79035
79036
0.1%
0.6%
4.9%
243400
79048
0.6%
2.5%
10.5%
180400
79049
79050
0.4%
2.8%
14.4%
167900
79054
0.6%
2.5%
13.5%
157200
79622
0.8%
3.3%
22.7%
132000
79626
-1.2%
-2.2%
1.6%
154400
 
Zillow Home Value IndexY-o-Y
48198$81,50012.6%
Eliza Howell$38,60017.3%
The Eye$39,2002.6%
Park$40,70020.4%
Five Points$39,300-8.0%
Riverdale$40,2002.3%
Mortgage Rates
 
Homes for Sale
  1. 2010 Burns St, Ypsilanti, MI Home For Sale
    2010 Burns St, Ypsilanti, MI 48197

     For Sale: $105,000

    • Beds: 2
    • Sqft: 1090
    • Baths: 1.0
    • Lot: 7405
  2. 859 Cliffs Dr, Ypsilanti, MI Home For Sale
    859 Cliffs Dr, Ypsilanti, MI 48198

     For Sale: $85,000

    • Beds: 3
    • Sqft: 1374
    • Baths: 2.0
    • Lot: --
  3. 10193 E Avondale Cir, Ypsilanti, MI Home For Sale
    10193 E Avondale Cir, Ypsilanti, MI 48198

     For Sale: $164,900

    • Beds: 3
    • Sqft: 1494
    • Baths: 3.0
    • Lot: 7405