Call or Text (240) SELL-123

APPLEGATE, MI 48401

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The APPLEGATE, MI real estate market (48401) currently shows 3 active listings, with 1 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 118 days on market compared to 77 days last year.

The median listing price has fallen 2.1% year-over-year, from $335,500 to $328,500.

Whether you are buying or selling in APPLEGATE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for APPLEGATE, MI 48401 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$328,500
⇩ 2.1% vs $335,500 last year
Average Price
$350,833
⇩ 5.1% vs $369,800 last year
Days on Market
118
⇧ 53.2% vs 77 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 4.4% vs $158/sqft last year
Median Home Size
1,995 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 118 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $328,500 (-2.1% YoY)
  • Average: $350,833 (-5.1% 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 March 2026, there are 3 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 $328,500 as of March 2026, a 2.1% decrease from $335,500 the prior year.

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

Homes in APPLEGATE, MI 48401 spend an average of 118 days on the market before going under contract, compared to 77 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 March 2026, APPLEGATE, MI 48401 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 118 days on market compared to 77 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 $6,570 compared to a typical 5% commission on the median listing price of $328,500. 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.