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CHESANING, MI 48616

Real Estate Market Report  ·  Saginaw County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The CHESANING, MI real estate market (48616) currently shows 20 active listings, with 10 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 30 days last year.

The median listing price has risen 0.5% year-over-year, from $198,950 to $199,900.

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Market Context

Market Context

Population: 7,486  ·  Density: 35.6/mi²  ·  Median household income: $59,552

Typical home value: $140,996  ·  Homeownership: 79.5%

Market Overview

Active Listings
20
⇩ 16.7% vs 24 last year
Pending
10
50% pending ratio
Median Price
$199,900
⇧ 0.5% vs $198,950 last year
Average Price
$225,264
⇩ 11.3% vs $253,826 last year
Days on Market
56
⇧ 86.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 2.4% vs $125/sqft last year
Median Home Size
1,686 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 24 last year
  • Days on market: 56 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $199,900 (+0.5% YoY)
  • Average: $225,264 (-11.3% 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 19.1 miles — 227 listings ($65,897,042 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48616Chesaning, MI 486160.0 mi17$3,865,936$188,225$227,408
48655Saint Charles, MI 486557.2 mi15$3,623,820$237,400$241,588
48417Burt, MI 4841710.0 mi4$685,332$130,000$171,333
48457Montrose, MI 4845711.1 mi12$2,554,248$159,700$212,854
48609Saginaw, MI 4860913.5 mi32$11,354,656$189,675$354,833
48831Elsie, MI 4883114.6 mi9$1,964,403$236,150$218,267
48807Bannister, MI 4880715.1 mi1$229,900$229,900$229,900
48638Saginaw, MI 4863816.1 mi35$10,316,145$236,175$294,747
48626Hemlock, MI 4862616.8 mi16$6,552,928$373,750$409,558
48722Bridgeport, MI 4872217.3 mi10$3,096,900$239,700$309,690
48476Vernon, MI 4847618.1 mi4$714,532$185,000$178,633
48637Merrill, MI 4863719.0 mi3$464,700$154,900$154,900
48603Saginaw, MI 4860319.1 mi69$20,473,542$274,425$296,718

Frequently Asked Questions

How many homes are for sale in CHESANING, MI 48616?

As of September 2026, there are 20 active listings in CHESANING, MI (zip code 48616), compared to 24 the prior year.

What is the median home price in CHESANING, MI 48616?

The median listing price in CHESANING, MI 48616 is $199,900 as of September 2026, a 0.5% increase from $198,950 the prior year.

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

Homes in CHESANING, MI 48616 spend an average of 56 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in CHESANING, MI 48616?

Based on current inventory and days-on-market data as of September 2026, CHESANING, MI 48616 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 30 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHESANING, MI 48616 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.