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.
Home Trends in Prospect Gardens, MI
On average, homes in Prospect Gardens, Ypsilanti sell after 16 days on the market compared to the national average of 52 days. The median sale price for homes in Prospect Gardens, Ypsilanti over the last 12 months is $210,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$210,000
Median Single Family Sale Price
$204,950
Average Price Per Sq Ft
$183
Number of Homes for Sale
1
Last 12 months Home Sales
9
Median List Price
$209,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
