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BRECKENRIDGE, MI 48615

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

Market Analysis

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

The BRECKENRIDGE, MI real estate market (48615) currently shows 11 active listings, with 5 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 16 days on market compared to 23 days last year.

The median listing price has risen 33.3% year-over-year, from $202,500 to $270,000.

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
11
⇧ 83.3% vs 6 last year
Pending
5
45% pending ratio
Median Price
$270,000
⇧ 33.3% vs $202,500 last year
Average Price
$270,165
⇧ 33.4% vs $202,500 last year
Days on Market
16
⇩ 30.4% vs 23 days last year

Price Per Square Foot

Median $/sqft
$150
⇧ 5.6% vs $142/sqft last year
Median Home Size
1,754 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 6 last year
  • Days on market: 16 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $270,000 (+33.3% YoY)
  • Average: $270,165 (+33.4% 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 June 2026, there are 11 active listings in BRECKENRIDGE, MI (zip code 48615), compared to 6 the prior year.

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

The median listing price in BRECKENRIDGE, MI 48615 is $270,000 as of June 2026, a 33.3% increase from $202,500 the prior year.

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

Homes in BRECKENRIDGE, MI 48615 spend an average of 16 days on the market before going under contract, compared to 23 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 June 2026, BRECKENRIDGE, MI 48615 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 16 days on market compared to 23 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 $5,400 compared to a typical 5% commission on the median listing price of $270,000. 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.