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BRECKENRIDGE, MI 48615

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

Market Analysis

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

The BRECKENRIDGE, MI real estate market (48615) currently shows 8 active listings, with 1 pending sales. Homes are averaging 143 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 143 days on market compared to 26 days last year.

The median listing price has risen 47.9% year-over-year, from $109,900 to $162,500.

Whether you are buying or selling in BRECKENRIDGE, 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: 2,817  ·  Density: 19.7/mi²  ·  Median household income: $62,768

Typical home value: $119,468  ·  Homeownership: 80.7%

Market Overview

Active Listings
8
vs 8 last year
Pending
1
13% pending ratio
Median Price
$162,500
⇧ 47.9% vs $109,900 last year
Average Price
$240,813
⇧ 138.6% vs $100,925 last year
Days on Market
143
⇧ 450% vs 26 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 21.8% vs $110/sqft last year
Median Home Size
1,396 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 143 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $162,500 (+47.9% YoY)
  • Average: $240,813 (+138.6% 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
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 22.5 miles — 303 listings ($116,496,855 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48615Breckenridge, MI 486150.0 mi9$2,048,499$162,500$227,611
48880Saint Louis, MI 488805.4 mi16$2,543,776$140,100$158,986
48801Alma, MI 4880110.7 mi46$11,279,936$211,000$245,216
48626Hemlock, MI 4862612.4 mi16$6,552,928$373,750$409,558
48640Midland, MI 4864012.8 mi78$32,165,484$266,125$412,378
48832Elwell, MI 4883215.3 mi5$665,000$135,000$133,000
48623Freeland, MI 4862318.1 mi43$25,918,379$519,525$602,753
48877Riverdale, MI 4887718.7 mi2$340,000$170,000$170,000
48807Bannister, MI 4880719.2 mi1$229,900$229,900$229,900
48657Sanford, MI 4865719.7 mi17$5,635,449$264,750$331,497
48871Perrinton, MI 4887121.5 mi2$769,800$384,900$384,900
48891Vestaburg, MI 4889122.3 mi6$1,709,280$230,000$284,880
48642Midland, MI 4864222.5 mi62$26,638,424$394,000$429,652

Frequently Asked Questions

How many homes are for sale in BRECKENRIDGE, MI 48615?

As of March 2026, there are 8 active listings in BRECKENRIDGE, MI (zip code 48615), compared to 8 the prior year.

What is the median home price in BRECKENRIDGE, MI 48615?

The median listing price in BRECKENRIDGE, MI 48615 is $162,500 as of March 2026, a 47.9% increase from $109,900 the prior year.

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

Homes in BRECKENRIDGE, MI 48615 spend an average of 143 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in BRECKENRIDGE, MI 48615?

Based on current inventory and days-on-market data as of March 2026, BRECKENRIDGE, MI 48615 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 143 days on market compared to 26 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BRECKENRIDGE, MI 48615 save an estimated $3,250 compared to a typical 5% commission on the median listing price of $162,500. 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.