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BRIGHTON, MI 48116

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The BRIGHTON, MI real estate market (48116) currently shows 119 active listings, with 56 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 32 days on market compared to 28 days last year.

The median listing price has fallen 10.3% year-over-year, from $462,498 to $414,950.

Whether you are buying or selling in BRIGHTON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,999  ·  Density: 282.2/mi²  ·  Median household income: $101,881

Typical home value: $330,425  ·  Homeownership: 85.4%

Market Overview

Active Listings
119
⇧ 17.8% vs 101 last year
Pending
56
47% pending ratio
Median Price
$414,950
⇩ 10.3% vs $462,498 last year
Average Price
$472,744
⇩ 6.5% vs $505,616 last year
Days on Market
32
⇧ 14.3% vs 28 days last year

Price Per Square Foot

Median $/sqft
$231
⇩ 7.6% vs $250/sqft last year
Median Home Size
1,632 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 101 last year
  • Days on market: 32 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $414,950 (-10.3% YoY)
  • Average: $472,744 (-6.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.9 miles — 722 listings ($478,138,386 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48116Brighton, MI 481160.0 mi70$31,454,360$399,500$449,348
48114Brighton, MI 481144.6 mi42$24,986,934$541,935$594,927
48178South Lyon, MI 481787.2 mi124$68,059,756$472,040$548,869
48165New Hudson, MI 481658.4 mi41$19,192,264$539,950$468,104
48169Pinckney, MI 481699.1 mi41$27,966,592$575,000$682,112
48353Hartland, MI 4835310.4 mi9$4,655,475$555,950$517,275
48130Dexter, MI 4813012.1 mi43$31,007,730$622,411$721,110
48105Ann Arbor, MI 4810512.6 mi82$72,047,496$651,975$878,628
48167Northville, MI 4816713.6 mi88$99,746,680$832,450$1,133,485
48356Highland, MI 4835614.3 mi19$7,528,560$393,700$396,240
48382Commerce Township, MI 4838215.1 mi72$52,358,040$649,500$727,195
48377Novi, MI 4837715.7 mi16$7,722,624$353,500$482,664
48390Walled Lake, MI 4839015.9 mi75$31,411,875$347,438$418,825

Frequently Asked Questions

How many homes are for sale in BRIGHTON, MI 48116?

As of June 2026, there are 119 active listings in BRIGHTON, MI (zip code 48116), compared to 101 the prior year.

What is the median home price in BRIGHTON, MI 48116?

The median listing price in BRIGHTON, MI 48116 is $414,950 as of June 2026, a 10.3% decrease from $462,498 the prior year.

How long do homes stay on the market in BRIGHTON, MI?

Homes in BRIGHTON, MI 48116 spend an average of 32 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in BRIGHTON, MI 48116?

Based on current inventory and days-on-market data as of June 2026, BRIGHTON, MI 48116 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 28 days last year.

How much can I save on real estate commission in BRIGHTON, MI?

With SELL123.com's maximum 3% commission, sellers in BRIGHTON, MI 48116 save an estimated $8,299 compared to a typical 5% commission on the median listing price of $414,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.