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Prospect Gardens Homes for Sale

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    $16,900

    • Land
    • 0.3 Acre
    • $56,333 per Acre

    765 Davis St, Ypsilanti, MI 48198

    Vacant Lot in the city of Ypsilanti. Utilities at the site: Gas, Electric, Water and city sewer. Established neighborhood. Original home burned down...completely cleaned up the site and ready for new home.

    Suzanne Betz Real Estate One Inc

    765 Davis St, Ypsilanti, MI 48198
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    $79,000

    • Land
    • 0.3 Acre
    • $263,333 per Acre

    204 Ecorse Rd, Ypsilanti, MI 48198

    Great commercial opportunity with 130 feet of frontage on a high-traffic section of Ecorse Road, ideal for business development in a prime demographic area. The property is offered with easy land contract terms: $25,000 down, $500 per month, 10% interest, and a 2-year balloon payment.

    Scott Myers RE/MAX Platinum - Grand Blanc

    204 Ecorse Rd, Ypsilanti, MI 48198

Why Live in Prospect Gardens

Prospect Gardens in Ypsilanti is a residential neighborhood southeast of the historic Depot Town, known for its close-knit community and proximity to downtown. The area features a mix of inexpensive homes and fixer-uppers, making it appealing for those interested in investing or renovating. The neighborhood is characterized by mid-20th Century bungalows and ranch-style homes, many of which are sold as-is. Waterworks Park, a 10-acre public space on the Huron River, offers a baseball diamond, disc golf, and shaded picnic areas. Riverside Park, a 16-acre park further north, connects downtown Ypsilanti and Depot Town with amenities like a bike trail, fishing areas, and a pavilion for live performances. The neighborhood is highly walkable, with sidewalks throughout and cultural hubs like Depot Town less than a mile away. Depot Town features dining options such as Aubree’s Pizzeria & Grill and Mash, known for its specialty cocktails and live music. Essential shopping is available at Dollar General and the Ypsilanti Food Co-Op. The Annual Michigan Summer Beer Festival, held every summer since 1999 in Riverside Park, is a local highlight featuring live performances, food vendors, and a wide selection of Michigan beers. Public transit is accessible with The Ride bus line, and Interstate 94 provides a 36-mile drive to Detroit.

Frequently Asked Questions

Is Prospect Gardens a good place to live?
Prospect Gardens is a good place to live. Prospect Gardens is considered fairly walkable and bikeable with some transit options. Prospect Gardens is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Prospect Gardens has 6 parks for recreational activities. It is somewhat dense in population with 8.0 people per acre and a median age of 39. The average household income is $63,979 which is below the national average. College graduates make up 37.1% of residents. A majority of residents in Prospect Gardens are renters, with 53.3% of residents renting and 46.7% of residents owning their home. A local real estate agent serving Prospect Gardens can help you decide if this neighborhood is the right one for you. Learn more on our Prospect Gardens neighborhood guide.
Is Prospect Gardens, MI a safe neighborhood?
Prospect Gardens, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Prospect Gardens?
The median home price in Prospect Gardens is $200,000. If you put a 20% down payment of $40,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Prospect Gardens. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Prospect Gardens is $64K.
What are the best public schools in Prospect Gardens?
The best public schools that serve Prospect Gardens are:
What are the best private schools in Prospect Gardens?
The best private schools that serve Prospect Gardens are:
What are the most popular zip codes in Prospect Gardens, Ypsilanti, MI?
The most popular zip codes in Prospect Gardens, Ypsilanti, MI include 48198, 48197, 48178, 48111 and 48108.
What are the most popular neighborhoods near Prospect Gardens, Ypsilanti, MI?
The most popular neighborhoods near Prospect Gardens, Ypsilanti, MI are Historic South Side, Depot Town, Gault Village, Prospect Park and Ypsi Riverside.
Are home prices dropping in Prospect Gardens?
Yes, home prices in Prospect Gardens are down 8% in the last 12 months.

Home Trends in Prospect Gardens, MI

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$170,000
Average Price Per Sq Ft
$171
Number of Homes for Sale
0
Last 12 months Home Sales
11
Months of Supply
0.00
Median List Price
$200,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-19%
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