48197 — Ypsilanti, MI Home Values
Typical home value $353,096 as of June 2026 · 10th of 15 in Ann Arbor, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48197, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48197 compares in the Ann Arbor, MI area
ZIP code 48197 (Ypsilanti, MI) has a typical home value of $353,096 as of June 2026, ranking 10th of 15 ZIP codes tracked in the Ann Arbor, MI area, more expensive than about 40% of ZIP codes in the metro. Prices here have moved +1.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +23.8%, from $285,120 in June 2021 to $353,096 in June 2026. Against observed rent, the typical home here sells for 20.7× the annual rent ($1,420/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 48197 has a population of 65,911, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 56.9% White, 23.3% Black or African American, 7.7% Hispanic or Latino, 5.9% Asian, 5.8% two or more races, 0.2% American Indian or Alaska Native, 0.2% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Arbor Preparatory High School | 6800 HITCHINGHAM RD, YPSILANTI, MI | 0.9 mi |
| East Arbor Charter Academy | 6885 MERRITT RD, YPSILANTI, MI | 1 mi |
| Pittsfield Acres Academy | 4377 TEXTILE RD, YPSILANTI, MI | 1.8 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 48197?
$353,096 as of June 2026, the latest month Zillow has published observed data for.
Is 48197 an expensive ZIP code in the Ann Arbor, MI area?
48197 ranks 10th of 15 ZIP codes in the Ann Arbor, MI area by typical home value, more expensive than about 40% of ZIP codes in the metro.
How much have home values in 48197 changed over the past year?
+1.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 48197?
The typical home price is 20.7× the observed annual rent in this ZIP code ($1,420/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 48197?
65,911, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48197?
Arbor Preparatory High School (0.9 mi), East Arbor Charter Academy (1 mi), Pittsfield Acres Academy (1.8 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 48197?
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.