Home Values

Ypsilanti Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$128,600

  • 3.7% 1-year change
  • 1.9% 1-year forecast

The median home value in Ypsilanti is $128,600. Ypsilanti home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Ypsilanti is $76, which is lower than the Ann Arbor Metro average of $140. The median price of homes currently listed in Ypsilanti is $129,900 while the median price of homes that sold is $103,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ypsilanti is 4.2%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Ypsilanti homeowners underwater on their mortgage is 17.1%, which is higher than Ann Arbor Metro at 12.7%.

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Relative ZHVI
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Ypsilanti Market Overview

Data through Feb 28, 2015
  • $128,600 ZHVI
  • 1.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $129,900 Median listing price
  • No recent data Median sale price
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Ypsilanti Market Health

Data through Feb 28, 2015
  • 1.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 17.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Ann Arbor $260,600
Pittsfield Township $236,200
Saline $215,400
Name Median ZHVI
Canton $198,400
Augusta Township $183,300
Superior Township $171,800
Name Median ZHVI
Van Buren Township $143,400
Milan $127,100
Belleville $111,400

Listings & Sales

Data through Feb 28, 2015
  • $76 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.4% Listings with price cut
26.1%
Sold below listing
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Ypsilanti Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,216 Ypsilanti
    $1,684 Ann Arbor Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.09 Rent list price / sq ft
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