48198 — Ypsilanti, MI Home Values
Typical home value $231,253 as of June 2026 · 14th of 15 in Ann Arbor, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48198, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48198 compares in the Ann Arbor, MI area
ZIP code 48198 (Ypsilanti, MI) has a typical home value of $231,253 as of June 2026, ranking 14th of 15 ZIP codes tracked in the Ann Arbor, MI area, more expensive than about 13% of ZIP codes in the metro. Prices here have moved -1.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.5%, from $190,329 in June 2021 to $231,253 in June 2026. Against observed rent, the typical home here sells for 12× the annual rent ($1,604/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Ann Arbor, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Ann Arbor.
Population and demographics
ZIP code 48198 has a population of 39,507, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 48.1% White, 34.1% Black or African American, 8.6% two or more races, 6.3% Hispanic or Latino, 1.9% Asian, 0.7% another race, 0.1% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Holmes Elementary | 1255 HOLMES RD, YPSILANTI, MI | 1.4 mi |
| South Pointe Scholars Charter Academy | 10550 GEDDES RD, YPSILANTI, MI | 1.7 mi |
| Ford Early Learning Center | 2440 E CLARK RD, YPSILANTI, MI | 1.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48198?
$231,253 as of June 2026, the latest month Zillow has published observed data for.
Is 48198 an expensive ZIP code in the Ann Arbor, MI area?
48198 ranks 14th of 15 ZIP codes in the Ann Arbor, MI area by typical home value, more expensive than about 13% of ZIP codes in the metro.
How much have home values in 48198 changed over the past year?
-1.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48198?
The typical home price is 12× the observed annual rent in this ZIP code ($1,604/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48198?
39,507, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48198?
Holmes Elementary (1.4 mi), South Pointe Scholars Charter Academy (1.7 mi), Ford Early Learning Center (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48198?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Ann Arbor, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.