Why Live in Ypsilanti
Ypsilanti, commonly called “Ypsi,” is a small city in southeast Michigan with just over 20,000 people and is best known for being home to Eastern Michigan University, EMU. The city also has a rich automotive and manufacturing history. Ford Motor’s Willow Run Plant was the world's leading producer of bomber planes during World War II. However, the city faced hardship when General Motors closed the last large factory in 2010. “Ypsi was crushed when the factory shut down,” says David Anderson, a Realtor with Howard Hanna, who has lived in the area for 40 years. “But it’s really, really come back as a great funky little city. Just because it's hard to spell or pronounce — don't write off Ypsilanti.”
The city has become a quirky college town that is often considered a more affordable alternative to Ann Arbor, which is just 8 miles away. It’s a place where residents keep bees and chickens and shop locally for crystals and antiques. “Ypsi is vibrant, and it’s weird,” says Mary Dettling, a former real estate agent who lived in Ypsilanti for 10 years. “There’s something gritty and real about it. It’s a mixture of all folks, and it’s got a huge artsy vibe.” The median home price in
Home Trends in Ypsilanti, MI
On average, homes in Ypsilanti, MI sell after 26 days on the market compared to the national average of 70 days. The median sale price for homes in Ypsilanti, MI over the last 12 months is $280,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$280,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$240,500
Average Price Per Sq Ft
$184
Number of Homes for Sale
6
Last 12 months Home Sales
202
Median List Price
$299,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-20%