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 somewhat walkable and bikeable with some transit options. Prospect Gardens is a suburban neighborhood. 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 less safe than the average neighborhood in the United States. It received a crime score of 5 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 $339,000. If you put a 20% down payment of $67,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Prospect Gardens. 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?
What are the most popular neighborhoods near Prospect Gardens, Ypsilanti, MI?
Home Trends in Prospect Gardens, MI
On average, homes in Prospect Gardens, Ypsilanti sell after 81 days on the market compared to the national average of 70 days. The median sale price for homes in Prospect Gardens, Ypsilanti over the last 12 months is $322,500.
Median Sale Price
$322,500
Number of Homes for Sale
0
Last 12 months Home Sales
3
Median List Price
$339,000
Median Change From 1st List Price
5%
