Market Overview
Home Prices in Ypsilanti, MI
The median home value in Ypsilanti, MI is $294,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ypsilanti are priced28% below average. Ypsilanti is part of the Ann Arbor, MI metro area.
Over the past five years, Ypsilanti home values have risen by approximately23.9%, reflecting strong long-term appreciation in this market.
Price History
Ypsilanti Home Price Trend
City Comparison
Ypsilanti vs. National Median
At $294,687, homes in Ypsilanti cost 28% below the national median of $410,000. This makes Ypsilanti a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ypsilanti?
20% Down Payment
$58,937
on $294,687
Monthly P&I
$1,537/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,952/mo
incl. taxes & insurance
Income Needed
$78,080
gross annual (30% rule)
10% Down Option
$29,469
+ PMI applies
Loan Amount (20% dn)
$235,750
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ypsilanti, MI?
The median home value in Ypsilanti is $294,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Ypsilanti?
Over the past year, home values in Ypsilanti have increased by 1.6%. Over five years, prices have risen approximately 23.9%.
How much do I need to earn to buy a home in Ypsilanti?
To comfortably afford the median home price of $294,687 with a 20% down payment ($58,937) at today's rates (6.8%), you'd need a gross annual income of approximately $78,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Ypsilanti compare to the national average home price?
The national median home value is approximately $410,000. At $294,687, homes in Ypsilanti are 28% below the national average.
What metro area is Ypsilanti part of?
Ypsilanti is part of the Ann Arbor, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.