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FORESTVILLE, MI 48434

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

Market Analysis

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

The FORESTVILLE, MI real estate market (48434) currently shows 1 active listings, with 1 pending sales.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 43% year-over-year, from $349,000 to $199,000.

Whether you are buying or selling in FORESTVILLE, 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: 132  ·  Density: 64.2/mi²  ·  Median household income: $42,500

Typical home value: $98,191  ·  Homeownership: 73.4%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$199,000
⇩ 43% vs $349,000 last year
Average Price
$199,000
⇩ 43% vs $349,000 last year
Days on Market
⇩ 100% vs 100 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 39.9% vs $291/sqft last year
Median Home Size
1,140 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year
  • Median: $199,000 (-43% YoY)
  • Average: $199,000 (-43% 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 33.4 miles — 136 listings ($43,049,880 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48434Forestville, MI 484340.0 mi1$81,950$81,950$81,950
48456Minden City, MI 484567.3 mi1$3,178,000$3,178,000$3,178,000
48441Harbor Beach, MI 4844111.3 mi12$6,460,416$198,675$538,368
48419Carsonville, MI 4841916.1 mi14$3,585,008$199,975$256,072
48472Snover, MI 4847220.1 mi5$1,032,375$189,950$206,475
48468Port Hope, MI 4846821.3 mi6$1,915,800$233,000$319,300
48413Bad Axe, MI 4841321.5 mi30$6,226,230$178,900$207,541
48422Croswell, MI 4842227.5 mi12$2,666,100$214,050$222,175
48450Lexington, MI 4845028.4 mi34$13,264,114$320,500$390,121
48731Elkton, MI 4873129.9 mi4$621,900$172,450$155,475
48453Marlette, MI 4845330.5 mi11$2,661,318$242,425$241,938
48754Owendale, MI 4875431.6 mi3$404,400$129,900$134,800
48454Melvin, MI 4845433.4 mi3$952,269$317,423$317,423

Frequently Asked Questions

How many homes are for sale in FORESTVILLE, MI 48434?

As of March 2026, there are 1 active listings in FORESTVILLE, MI (zip code 48434), compared to 1 the prior year.

What is the median home price in FORESTVILLE, MI 48434?

The median listing price in FORESTVILLE, MI 48434 is $199,000 as of March 2026, a 43% decrease from $349,000 the prior year.

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

Homes in FORESTVILLE, MI 48434 spend an average of 0 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in FORESTVILLE, MI 48434?

Based on current inventory and days-on-market data as of March 2026, FORESTVILLE, MI 48434 is currently a Balanced Market. Inventory levels are unchanged compared to last year.

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

With SELL123.com's maximum 3% commission, sellers in FORESTVILLE, MI 48434 save an estimated $3,980 compared to a typical 5% commission on the median listing price of $199,000. 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.