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Prospect Park

Prospect Park

Suburban Neighborhood in Washtenaw County

Washtenaw County 48198
$258,185 Average Value
$420 Average Price per Sq Ft
1 Home For Sale

A tucked-away community minutes from the Huron River and Depot Town

Prospects look good in Prospect Park, where mid-20th century homes sit just outside Ypsilanti, close to the excitement of the long-established Depot Town. Many residents are just a short walk, cycle or bus ride to the events and eateries of this popular part of Ypsilanti. "It's a family-friendly neighborhood that's also conveniently situated near other attractions, like Ford Lake," says Darryn Brundage-Forrest, a Realtor with More Group Michigan, LLC. Brundage-Forrest has sold homes across the area for nearly five years and has lived in Ypsilanti and Ann Arbor.

Locals live in mid-century cottages, bungalows and Cape Cods

Community streets are covered with leaves in the fall. The woodsy neighborhood brightens with natural reds, oranges and yellows, leaving locals to rake up their close-quartered yards. Tucked behind sidewalks and under the shade of tall trees are a collection of modest Cape Cods, bungalows and cottages. And very few ranch styles and colonials are mixed in. Most homes in Prospect Park are under 1,500 square feet with three bedrooms. Often, houses have about 800 square feet with two bedrooms. Home prices range from around $100,000 to $300,000. Many surrounding Ypsilanti communities are quickly growing. "In terms of development and growth, we have seen a huge increase in its infrastructure as well as its housing developments," Brundage-Forrest says. "It truly is turning an eye when it comes to vitality and sustainability as we see its housing market spike as well as many plans being drafted to better the Ypsilanti community."

Colorful ranch homes bring character to Prospect Park's grid-like streets.
Colorful ranch homes bring character to Prospect Park's grid-like streets.
This Cape Cod home in Prospect Park has traditional styling that is common to the neighborhood.
This Cape Cod home in Prospect Park has traditional styling that is common to the neighborhood.
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Heading into Ann Arbor

The Ann Arbor Transportation Authority serves Prospect Park and is fondly called TheRide. A few bus stops scatter Prospect Road and Forest Avenue. Commuters working in Ann Arbor have a 15-mile trip down Highway 94 before reaching the city's heart. Trinity Health Ann Arbor Hospital is about 3 miles west down North Huron River Drive. And when catching a flight, the Detroit Metropolitan Wayne County Airport is about 17 miles east.

A day in Depot Town

Depot Town is under a mile south of Prospect Park and is a rustic center of local shopping and dining. The small area was created in 1838 after the Ypsilanti Train Depot opened. It has since developed to include a few local restaurants and collectible shops adored across Ypsilanti. Locals grab a burger and a beer from Sidetrack Bar and Grill or shop for a few new goods at Silver Spoon Antiques. But Prospect Park has a few gems of its own. Arbor Brewing Company's Corner Brewery serves everything from flatbread pizza and burgers to seasonal beers and patio seating. Locals take a step back in time at Chick Inn Drive-in, a burger joint with retro flair. First opened in 1953, Chick Inn is where locals can still order burgers, shakes and curly fries from a classic carhop.

Arbor Brewing Company's Corner Brewery serves a range of beers brewed on-site in Prospect Park.
Arbor Brewing Company's Corner Brewery serves a range of beers brewed on-site in Prospect Park.
Chick Inn is where Prospect Park diners can order burgers and shakes at a classic carhop.
Chick Inn is where Prospect Park diners can order burgers and shakes at a classic carhop.
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Walking to Prospect or venturing Frog Island

Locals often walk to the corner of Cross Street and Prospect Road to the community's primary green space and namesake, Prospect Park. The nearly 10-acre park is Ypsilanti's oldest, featuring a skatepark and a playground connected by a paved walkway. The park also features ample open green space where locals can picnic or kick the ball around. Locals also enjoy a few parks outside Prospect Park, like Frog Island Park. The park covers five acres tucked into a bend of the Huron River, with a central amphitheater, soccer field and running track. A three-point bridge at the park's southern edge connects to Riverside Park. Frog Island and Riverside Park hold outdoor concerts and events throughout the summer, including the Ypsilanti Jazz Festival and Michigan Summer Beer Festival.

Prospect Park is a nearly 10-acre park featuring a skatepark and a playground with paved paths.
Prospect Park is a nearly 10-acre park featuring a skatepark and a playground with paved paths.
Locals also enjoy a few parks outside Prospect Park like Frog Island Park
Locals also enjoy a few parks outside Prospect Park like Frog Island Park
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Students attend Ypsilanti Community Schools

Kids growing up in the area attend Ypsilanti Community Schools, which earned an overall C-minus on Niche. Students kickstart their education at Holmes Elementary School, which has a student-to-teacher ratio of 11-to-1 and an overall C-minus on Niche. Students advance to Ypsilanti Community Middle School, earning a C-minus from Niche. Students head to Ypsilanti Community High School to earn their diplomas. The high school features the STEMM Middle College Program, a five-year program that partners with Washtenaw Community College to help students earn college credit. The program's five years include three in high school and two in college. Niche gave YCHS an overall C-plus.

Entrance to Holmes Elementary School with small class sizes and after-school programming.
Entrance to Holmes Elementary School with small class sizes and after-school programming.
Entrance to Ypsilanti Community Middle School where families and students are connected.
Entrance to Ypsilanti Community Middle School where families and students are connected.
Entrance to Ypsilanti Community High School where students are prepared for college courses.
Entrance to Ypsilanti Community High School where students are prepared for college courses.
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Brennen Martin
Written By
Brennen Martin
James Gordon
Photography Contributed By
James Gordon
Victoria York
Video By
Victoria York

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Jim Shaffer, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Detroit Metro Wayne County

32 min drive

Bus

Forest & Norris

Bus

Leforge & Green

Bus

River & Clark

Bus

Clark & Bedford

Bus

Leforge & Clark

Bus

Forest & Campell

Bus

River & Holmes

Crime and Safety

1 - Low Crime, 10 - High Crime Prospect Park US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 4 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Prospect Park Demographics and Home Trends

Housing Trends

Median List Price
$479,000
Median Sale Price
$450,000
Median Townhouse Sale Price
$399,900
Median 2 Bedroom Sale Price
$450,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
3
Median Home Sale Price YoY Change
-50%
Average Price Per Sq Ft
$420

Neighborhood Facts

Number of Homes in Neighborhood
285
Number of Homes for Sale
1
Median Year Built
1948
Months of Supply
4.00
Average Single Family Home Size Sq Ft
1,118
Significantly below the national average
1,924
Average 2 Bedroom Size Sq Ft
1,403
Median Lot Size Sq Ft
46,609

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jim Shaffer, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,730
Median Age
31
Population Density
8 ppl/acre
Population under 18
26.6%
On par with the national average
23.8%
Population over 65
10.5%
Below the national average
19.1%

Finances

Median Household Income
$45,913
Significantly below the national average
$71,702
Average Household Income
$65,070

Education and Workforce

High School Graduates
93.8%
On par with the national average
89.1%
College Graduates
29.9%
Advanced Degrees
10.2%
% Population in Labor Force
74.1%
Above the national average
65.1%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
17°F
Average Summer High Temperature
83°F
Annual Snowfall
23''

Area Factors

Somewhat Bikeable

Bike Score®

22 / 100

Car-Dependent

Walk Score®

5 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Prospect Park