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MARLETTE, MI 48453

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MARLETTE, MI real estate market (48453) currently shows 18 active listings, with 7 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 39 days last year.

The median listing price has risen 23.1% year-over-year, from $188,175 to $231,725.

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Market Context

Market Context

Population: 4,991  ·  Density: 18.0/mi²  ·  Median household income: $48,250

Typical home value: $132,313  ·  Homeownership: 72.0%

Market Overview

Active Listings
18
⇧ 20% vs 15 last year
Pending
7
39% pending ratio
Median Price
$231,725
⇧ 23.1% vs $188,175 last year
Average Price
$258,898
⇧ 29% vs $200,689 last year
Days on Market
56
⇧ 43.6% vs 39 days last year

Price Per Square Foot

Median $/sqft
$142
⇧ 10.9% vs $128/sqft last year
Median Home Size
1,625 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 15 last year
  • Days on market: 56 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $231,725 (+23.1% YoY)
  • Average: $258,898 (+29% 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 22.7 miles — 126 listings ($32,675,502 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48453Marlette, MI 484530.0 mi11$2,661,318$242,425$241,938
48741Kingston, MI 487418.5 mi5$1,149,750$189,950$229,950
48471Sandusky, MI 4847110.5 mi11$2,367,618$204,900$215,238
48466Peck, MI 4846611.9 mi7$1,518,825$195,500$216,975
48729Deford, MI 4872912.8 mi4$770,432$187,525$192,608
48454Melvin, MI 4845414.8 mi3$952,269$317,423$317,423
48435Fostoria, MI 4843517.6 mi5$1,409,125$283,725$281,825
48401Applegate, MI 4840118.8 mi5$1,512,395$260,875$302,479
48726Cass City, MI 4872619.4 mi19$3,717,768$163,900$195,672
48723Caro, MI 4872320.1 mi27$6,102,297$226,000$226,011
48412Attica, MI 4841220.4 mi13$5,306,899$426,975$408,223
48464Otter Lake, MI 4846421.3 mi9$2,456,478$281,400$272,942
48014Capac, MI 4801422.7 mi7$2,750,328$395,000$392,904

Frequently Asked Questions

How many homes are for sale in MARLETTE, MI 48453?

As of September 2026, there are 18 active listings in MARLETTE, MI (zip code 48453), compared to 15 the prior year.

What is the median home price in MARLETTE, MI 48453?

The median listing price in MARLETTE, MI 48453 is $231,725 as of September 2026, a 23.1% increase from $188,175 the prior year.

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

Homes in MARLETTE, MI 48453 spend an average of 56 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in MARLETTE, MI 48453?

Based on current inventory and days-on-market data as of September 2026, MARLETTE, MI 48453 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 39 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MARLETTE, MI 48453 save an estimated $4,635 compared to a typical 5% commission on the median listing price of $231,725. 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.