48198 Home Values & Market Trends
There are 651 homes currently listed for 48198. 48198 real estate market trends show that home prices range from $29,900 to $1,400,000, and the median sales price in the 48198 zip code is $235,000. The total number of properties sold within the past twelve months is 589. In 48198, 12 properties are in foreclosure, 4 are bank owned properties,and 8 are headed for auction.
48198 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Ypsilanti | $ 299,900 $ 202/sqft |
Housing Market Summary for 48198
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $224.9K | $222.6K | -1.04% |
| Median Sold Price | $227.3K | $215.9K | -5.00% |
| Homes For Sale | 386 | 635 | 64.51% |
| Homes Sold | 338 | 187 | -44.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48198
Browse Homes in 48198
The median list price of a home in Ypsilanti, is $235,000. A total of 651 properties are for sale, and the percentage of properties for sale in the zip code is 651.00%. The total count of 48198 properties is 843.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48198 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48198; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 48198 ranges from the highest value of $415,349 in ypsilanti to the lowest value of $112,391 in ypsilanti. Bank owned homes and properties account for 0.47% of properties in 48198. There is 1 cities within 48198; ypsilanti containing 13 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsypsilanti has 14 auction properties, the highest number of properties going to auction in a single city in the state of 48198. Auction homes and other auction properties account for 0.95% of all properties in 48198. There is 1 cities within 48198; of that cities, the median estimated home value for homes going to auction ranges from $434,949 in ypsilanti to the lowest value of $112,391 in ypsilanti.
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Guide for 48198
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.