House Prices

Prospect Park Ypsilanti, MI House Prices & Home Values 2026


Average Data

average house price$327,274
average size per house2145 ft²
average price per ft²161 $ / ft²

06/09/2026 - The value range (VR) for house prices in Prospect Park Ypsilanti, MI is $152.95/ sqft to $169.05/ sqft. An average home with 2145 sqft costs approximately $345,466 to $381,831. Ypsilanti, MI includes 1 ZIP codes and it is located in Washtenaw county. The lowest prices are found in ZIP 48198, while the highest are in ZIP 48198. The average price per sqare feet is $161. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Prospect Park Ypsilanti

48198172 $ / ft²




Historical development of home values in Prospect Park Ypsilanti

Year Estimated value (USD) Change vs. 2025
2010 $151,992 -53.6%
2011 $146,114 -55.4%
2012 $145,721 -55.5%
2013 $151,168 -53.8%
2014 $158,684 -51.5%
2015 $166,829 -49.0%
2016 $175,535 -46.4%
2017 $185,009 -43.5%
2018 $195,238 -40.3%
2019 $204,290 -37.6%
2020 $214,851 -34.4%
2021 $244,370 -25.3%
2022 $284,881 -13.0%
2023 $300,420 -8.2%
2024 $317,800 -2.9%
2025 $327,274 0.0%

Graph: estimated home values in Prospect Park Ypsilanti over time (USD)



Example: 100% financing house in Prospect Park Ypsilanti

Loan amount: $327,274

Interest rate: 6.32%

Fixed monthly payment: $2,029.58

Breakdown in the 1st month:
Interest portion: $1,723.10  –  Principal portion: $306.48

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,568.78 $3,786.16 $323,487.84
2 $20,322.52 $4,032.42 $319,455.42
3 $20,060.24 $4,294.70 $315,160.72
4 $19,780.91 $4,574.03 $310,586.68
5 $19,483.40 $4,871.54 $305,715.14
6 $19,166.55 $5,188.39 $300,526.75
7 $18,829.09 $5,525.86 $295,000.89
8 $18,469.67 $5,885.27 $289,115.62
9 $18,086.88 $6,268.06 $282,847.56
10 $17,679.20 $6,675.75 $276,171.82
11 $17,244.99 $7,109.95 $269,061.86
12 $16,782.55 $7,572.40 $261,489.47
13 $16,290.02 $8,064.92 $253,424.54
14 $15,765.46 $8,589.48 $244,835.06
15 $15,206.79 $9,148.16 $235,686.91
16 $14,611.77 $9,743.17 $225,943.73
17 $13,978.06 $10,376.89 $215,566.85
18 $13,303.12 $11,051.82 $204,515.03
19 $12,584.29 $11,770.65 $192,744.37
20 $11,818.70 $12,536.24 $180,208.13
21 $11,003.32 $13,351.62 $166,856.50
22 $10,134.90 $14,220.04 $152,636.46
23 $9,210.00 $15,144.94 $137,491.52
24 $8,224.94 $16,130.00 $121,361.52
25 $7,175.82 $17,179.13 $104,182.40
26 $6,058.45 $18,296.49 $85,885.90
27 $4,868.41 $19,486.53 $66,399.37
28 $3,600.97 $20,753.98 $45,645.39
29 $2,251.09 $22,103.86 $23,541.54
30 $813.41 $23,541.54 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Prospect Park Ypsilanti, MI


1500 sqft3900 sqft
Ø selling price$307,703$654,567
Ø fast selling$279,730$589,111
Ø high price sale$335,676$720,024

In 2026, houses in Prospect Park Ypsilanti, MI will be offered at an average price of $161 per square foot. A 1,500 sqft home priced at $307,703 is 24.22% more expensive per square foot than a 3,900 sqft home priced at $654,567. Home prices in Prospect Park Ypsilanti, MI vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $453,162. Sellers who can wait longer may achieve a higher price of up to $553,865.


Prospect Park, Ypsilanti, MI Neighborhood Guide

Location and Vibe

The Prospect Park neighborhood in Ypsilanti, MI blends historic charm with a friendly, walkable feel.
Close to Depot Town and downtown Ypsilanti, it puts residents steps from independent cafes, galleries, and community festivals.
Tree-lined streets and classic architecture give the area a timeless streetscape anchored by its namesake green space.

Homes and Lifestyle

Housing in Prospect Park ranges from restored historic homes to modest bungalows, appealing to first-time buyers and long?time residents alike.
Many homes feature inviting porches and yards, supporting a front?porch culture that encourages neighborly connections.
Local real estate benefits from proximity to Eastern Michigan University and major employers in the Ann Arbor?Ypsilanti corridor.

Parks, Dining, and Things to Do

Recreation is a highlight, with easy access to neighborhood playfields, nearby Riverside and Frog Island parks, and the Border?to?Border Trail.
Dining and nightlife include craft breweries, coffee shops, and eclectic eateries that celebrate Ypsi?s creative spirit.

Getting Around and Community

Commuters appreciate quick connections to I?94, M?17, and regional bus lines, making travel across Washtenaw County straightforward.
From its strong volunteer networks and neighborhood cleanups to farmers? markets and music events, Prospect Park offers a vibrant, close?knit community experience.



FAQ – Home Values in Prospect Park Ypsilanti

What is the median home value in Prospect Park Ypsilanti in 2026?

In 2026, the typical home value in Prospect Park Ypsilanti is about $327,274 for an average home size of 2145 square feet. This corresponds to an average price of roughly $161 per square foot.

What is the average cost per square foot in Prospect Park Ypsilanti?

In 2026, homes in Prospect Park Ypsilanti sell for an average of around $161 per square foot, with a typical range between $152.95 and $169.05 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Prospect Park?

The average home size in Prospect Park Ypsilanti is about 2145 square feet, with an estimated 2026 value around $327,274.



Neighborhoods close to Prospect Park Ypsilanti, MI

Osborn Detroit, MI32 $ / ft²
Bloomfield Square Bloomfield Hills, MI383 $ / ft²
Aldingbrooke West Bloomfield, MI236 $ / ft²
Sunflower Village Canton, MI165 $ / ft²
Norwayne Westland, MI153 $ / ft²
Downtown Northville Northville, MI190 $ / ft²
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