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APPLEGATE, MI 48401

Real Estate Market Report  ·  Sanilac County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The APPLEGATE, MI real estate market (48401) currently shows 7 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 192 days last year.

The median listing price has risen 13.5% year-over-year, from $414,950 to $470,925.

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Market Context

Market Context

Population: 1,289  ·  Density: 14.4/mi²  ·  Median household income: $60,039

Typical home value: $150,914  ·  Homeownership: 78.7%

Market Overview

Active Listings
7
⇧ 40% vs 5 last year
Pending
1
14% pending ratio
Median Price
$470,925
⇧ 13.5% vs $414,950 last year
Average Price
$578,529
⇧ 35.6% vs $426,567 last year
Days on Market
51
⇩ 73.4% vs 192 days last year

Price Per Square Foot

Median $/sqft
$169
⇩ 6.1% vs $180/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 5 last year
  • Days on market: 51 now vs 192 last year

Median & Average Pricing

Year over Year
  • Median: $470,925 (+13.5% YoY)
  • Average: $578,529 (+35.6% 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 26.5 miles — 157 listings ($48,764,610 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48401Applegate, MI 484010.0 mi5$1,512,395$260,875$302,479
48422Croswell, MI 484226.2 mi12$2,666,100$214,050$222,175
48450Lexington, MI 484509.1 mi34$13,264,114$320,500$390,121
48471Sandusky, MI 4847110.7 mi11$2,367,618$204,900$215,238
48454Melvin, MI 4845413.2 mi3$952,269$317,423$317,423
48097Yale, MI 4809717.8 mi21$6,706,497$284,225$319,357
48472Snover, MI 4847218.5 mi5$1,032,375$189,950$206,475
48453Marlette, MI 4845318.8 mi11$2,661,318$242,425$241,938
48059Fort Gratiot, MI 4805920.4 mi33$10,136,412$286,475$307,164
48049North Street, MI 4804922.3 mi8$2,958,104$385,475$369,763
48022Emmett, MI 4802223.7 mi5$1,357,180$263,000$271,436
48727Clifford, MI 4872726.3 mi2$399,900$199,950$199,950
48014Capac, MI 4801426.5 mi7$2,750,328$395,000$392,904

Frequently Asked Questions

How many homes are for sale in APPLEGATE, MI 48401?

As of September 2026, there are 7 active listings in APPLEGATE, MI (zip code 48401), compared to 5 the prior year.

What is the median home price in APPLEGATE, MI 48401?

The median listing price in APPLEGATE, MI 48401 is $470,925 as of September 2026, a 13.5% increase from $414,950 the prior year.

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

Homes in APPLEGATE, MI 48401 spend an average of 51 days on the market before going under contract, compared to 192 days the prior year.

Is it a seller's or buyer's market in APPLEGATE, MI 48401?

Based on current inventory and days-on-market data as of September 2026, APPLEGATE, MI 48401 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 192 days last year.

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

With SELL123.com's maximum 3% commission, sellers in APPLEGATE, MI 48401 save an estimated $9,419 compared to a typical 5% commission on the median listing price of $470,925. 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.