Is Ypsilanti, MI 48198 a buyer’s or seller’s market?
Ypsilanti is a seller’s market. With about 2.5 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.5Under 4 months = seller’s market
Sold above original list41.5%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$185▼ −3.8% vs. last year
Run the numbers for 48198
Nearby markets
Ann Arbor 48103Seller’s market $288 /sq ftAnn Arbor 48104Seller’s market $393 /sq ftAnn Arbor 48105Seller’s market $264 /sq ftAnn Arbor 48108Seller’s market $234 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology