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CARLETON, MI 48117

Real Estate Market Report  ·  Monroe County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The CARLETON, MI real estate market (48117) currently shows 16 active listings, with 10 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 34 days last year.

The median listing price has fallen 23.4% year-over-year, from $309,675 to $237,200.

Whether you are buying or selling in CARLETON, 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: 10,258  ·  Density: 73.2/mi²  ·  Median household income: $75,615

Typical home value: $249,345  ·  Homeownership: 87.0%

Market Overview

Active Listings
16
⇧ 77.8% vs 9 last year
Pending
10
63% pending ratio
Median Price
$237,200
⇩ 23.4% vs $309,675 last year
Average Price
$273,296
⇩ 30.9% vs $395,750 last year
Days on Market
44
⇧ 29.4% vs 34 days last year

Price Per Square Foot

Median $/sqft
$211
⇧ 11.6% vs $189/sqft last year
Median Home Size
1,569 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 9 last year
  • Days on market: 44 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $237,200 (-23.4% YoY)
  • Average: $273,296 (-30.9% 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 16.8 miles — 652 listings ($224,046,157 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48117Carleton, MI 481170.0 mi13$4,538,053$284,900$349,081
48162Monroe, MI 481626.3 mi70$18,990,230$232,400$271,289
48166Newport, MI 481667.4 mi37$16,804,697$507,400$454,181
48179South Rockwood, MI 481797.7 mi5$1,805,750$202,400$361,150
48111Belleville, MI 481119.8 mi112$42,219,184$367,498$376,957
48161Monroe, MI 4816110.3 mi78$25,074,192$265,925$321,464
48183Trenton, MI 4818311.4 mi77$18,968,796$229,950$246,348
48145La Salle, MI 4814514.0 mi3$1,314,300$432,450$438,100
48138Grosse Ile, MI 4813814.1 mi38$20,162,192$413,250$530,584
48140Ida, MI 4814014.6 mi4$1,126,100$281,175$281,525
48195Southgate, MI 4819515.0 mi66$14,555,904$197,373$220,544
48184Wayne, MI 4818415.5 mi47$13,098,289$167,450$278,687
48188Canton, MI 4818816.8 mi102$45,388,470$412,450$444,985

Frequently Asked Questions

How many homes are for sale in CARLETON, MI 48117?

As of April 2026, there are 16 active listings in CARLETON, MI (zip code 48117), compared to 9 the prior year.

What is the median home price in CARLETON, MI 48117?

The median listing price in CARLETON, MI 48117 is $237,200 as of April 2026, a 23.4% decrease from $309,675 the prior year.

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

Homes in CARLETON, MI 48117 spend an average of 44 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in CARLETON, MI 48117?

Based on current inventory and days-on-market data as of April 2026, CARLETON, MI 48117 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CARLETON, MI 48117 save an estimated $4,744 compared to a typical 5% commission on the median listing price of $237,200. 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.