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PORT HOPE, MI 48468

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

Market Analysis

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

The PORT HOPE, MI real estate market (48468) currently shows 5 active listings. Homes are averaging 78 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 78 days on market compared to 231 days last year.

The median listing price has risen 105.2% year-over-year, from $119,900 to $246,000.

Whether you are buying or selling in PORT HOPE, 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: 1,266  ·  Density: 7.5/mi²  ·  Median household income: $58,929

Typical home value: $113,578  ·  Homeownership: 92.4%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$246,000
⇧ 105.2% vs $119,900 last year
Average Price
$324,730
⇧ 73.7% vs $186,900 last year
Days on Market
78
⇩ 66.2% vs 231 days last year

Price Per Square Foot

Median $/sqft
$194
⇧ 96% vs $99/sqft last year
Median Home Size
1,471 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 78 now vs 231 last year

Median & Average Pricing

Year over Year
  • Median: $246,000 (+105.2% YoY)
  • Average: $324,730 (+73.7% 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 41.2 miles — 116 listings ($31,285,569 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48468Port Hope, MI 484680.0 mi6$1,915,800$233,000$319,300
48441Harbor Beach, MI 4844110.1 mi12$6,460,416$198,675$538,368
48413Bad Axe, MI 4841314.1 mi30$6,226,230$178,900$207,541
48731Elkton, MI 4873119.6 mi4$621,900$172,450$155,475
48725Caseville, MI 4872520.7 mi15$5,105,745$276,725$340,383
48465Palms, MI 4846522.9 mi3$1,549,500$558,500$516,500
48754Owendale, MI 4875426.5 mi3$404,400$129,900$134,800
48720Bay Port, MI 4872028.9 mi2$118,900$59,450$59,450
48735Gagetown, MI 4873530.6 mi5$875,800$84,000$175,160
48759Sebewaing, MI 4875933.6 mi15$2,372,100$149,000$158,140
48471Sandusky, MI 4847136.2 mi11$2,367,618$204,900$215,238
48469Port Sanilac, MI 4846936.6 mi5$1,754,765$301,000$350,953
48401Applegate, MI 4840141.2 mi5$1,512,395$260,875$302,479

Frequently Asked Questions

How many homes are for sale in PORT HOPE, MI 48468?

As of March 2026, there are 5 active listings in PORT HOPE, MI (zip code 48468), compared to 3 the prior year.

What is the median home price in PORT HOPE, MI 48468?

The median listing price in PORT HOPE, MI 48468 is $246,000 as of March 2026, a 105.2% increase from $119,900 the prior year.

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

Homes in PORT HOPE, MI 48468 spend an average of 78 days on the market before going under contract, compared to 231 days the prior year.

Is it a seller's or buyer's market in PORT HOPE, MI 48468?

Based on current inventory and days-on-market data as of March 2026, PORT HOPE, MI 48468 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 78 days on market compared to 231 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORT HOPE, MI 48468 save an estimated $4,920 compared to a typical 5% commission on the median listing price of $246,000. 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.