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APPLEGATE, MI 48401

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

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$279,750
⇩ 16.6% vs $335,500 last year
Average Price
$337,833
⇩ 8.6% vs $369,800 last year
Days on Market
50
⇩ 47.4% vs 95 days last year

Market Context

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

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

Market Analysis

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

The APPLEGATE, MI real estate market (48401) currently shows 4 active listings, with 1 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 95 days last year.

The median listing price has fallen 16.6% year-over-year, from $335,500 to $279,750.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 50 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $279,750 (-16.6% YoY)
  • Average: $337,833 (-8.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.4 miles — 129 listings ($39,738,032 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48401Applegate, MI 484010.0 mi4$1,351,332$279,750$337,833
48422Croswell, MI 484226.2 mi10$2,321,780$219,000$232,178
48450Lexington, MI 484509.1 mi30$11,450,130$274,900$381,671
48471Sandusky, MI 4847110.7 mi13$2,459,600$177,200$189,200
48454Melvin, MI 4845413.2 mi3$869,700$289,900$289,900
48097Yale, MI 4809717.8 mi15$5,126,700$291,000$341,780
48472Snover, MI 4847218.5 mi3$460,899$195,000$153,633
48453Marlette, MI 4845318.8 mi12$2,359,884$175,000$196,657
48059Fort Gratiot, MI 4805920.4 mi23$8,014,327$289,000$348,449
48049North Street, MI 4804922.3 mi9$3,822,480$399,900$424,720
48426Decker, MI 4842622.7 mi1$139,900$139,900$139,900
48475Ubly, MI 4847526.0 mi2$374,900$187,450$187,450
48741Kingston, MI 4874126.4 mi4$986,400$199,900$246,600

Frequently Asked Questions

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

As of January 2026, there are 4 active listings in APPLEGATE, MI (zip code 48401), compared to 3 the prior year.

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

The median listing price in APPLEGATE, MI 48401 is $279,750 as of January 2026, a 16.6% 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 50 days on the market before going under contract, compared to 95 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 January 2026, APPLEGATE, MI 48401 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 95 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 $5,595 compared to a typical 5% commission on the median listing price of $279,750. 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.