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Preforeclosure Homes in Ypsilanti, MI

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Ypsilanti, MI Foreclosures

How much do homes sell for in Ypsilanti, MI?
The average home price is currently $322,954.
In Ypsilanti, MI, how many homes are available?
There are currently 29 active home listings available in Ypsilanti.
What’s the average rental cost in Ypsilanti, MI?
The average rental price in Ypsilanti is $1,484.
What is the most expensive home in Ypsilanti?
The most expensive home sold in Ypsilanti had a price of $87,040,100.
What is currently the cheapest priced home in Ypsilanti, MI?
The cheapest home for sale in Ypsilanti is priced at $10,012.

Living in Ypsilanti, MI

Ypsilanti, MI is a charming city that balances small-town atmosphere with urban conveniences. With a lively downtown, excellent schools, and numerous parks along the Huron River, it supports a diverse community lifestyle. Residents enjoy easy access to Ann Arbor, enriching both social opportunities and local amenities.

Current Market Conditions in Ypsilanti, MI

The real estate market in Ypsilanti is currently experiencing a period of moderate growth. Home values have steadily increased over the past year, in line with trends seen across the greater Ann Arbor area. Inventory levels have been slightly tight, leading to competitive bidding on homes, particularly those priced well within the median range.

Demand for homes in Ypsilanti is supported by its location and the appeal of city amenities paired with a suburban feel. First-time buyers and families are particularly drawn to Ypsilanti due to its affordability compared to surrounding neighborhoods, leading to a healthy turnover in residential properties.

Home Value Estimator For Ypsilanti, MI

There are currently 29,377 real estate properties in Ypsilanti, MI, with a median automated valuation model (AVM) price of $296,859.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ypsilanti, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ypsilanti, MI, is $322,954.00, with the most expensive house in Ypsilanti, MI, topping out at $87,040,100.00 and the cheapest home in Ypsilanti, MI, clocking in at $10,012.00. In other words, there’s something for every potential homebuyer or savvy investor in Ypsilanti, MI!

Rent Prices In Ypsilanti, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ypsilanti, MI, is on a rollercoaster ride. The average rent price in Ypsilanti, MI, is $1,484.00. Indeed, when looking to rent in Ypsilanti, MI, you can expect to pay as little as $620.00 or as much as $4,080.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Ypsilanti, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ypsilanti, MI Preforeclosure Homes


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