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Freeland

FREELAND, MI 48623

Real Estate Market Report  ·  Saginaw County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 26.7% vs 30 last year
Pending
14
37% pending ratio
Median Price
$444,950
⇧ 17.1% vs $379,900 last year
Average Price
$487,446
⇧ 4.4% vs $466,992 last year
Days on Market
94
⇧ 56.7% vs 60 days last year

Market Context

Population: 15,098  ·  Density: 80.0/mi²  ·  Median household income: $91,964

Typical home value: $214,834  ·  Homeownership: 88.0%

Market Analysis

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

The FREELAND, MI real estate market (48623) currently shows 38 active listings, with 14 pending sales. Homes are averaging 94 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 94 days on market compared to 60 days last year.

The median listing price has risen 17.1% year-over-year, from $379,900 to $444,950.

Whether you are buying or selling in FREELAND, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 30 last year
  • Days on market: 94 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $444,950 (+17.1% YoY)
  • Average: $487,446 (+4.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.4 miles — 463 listings ($100,434,340 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48623Freeland, MI 486230.0 mi38$18,522,948$444,950$487,446
48611Auburn, MI 486118.0 mi14$3,872,246$224,900$276,589
48604Saginaw, MI 486049.0 mi26$6,435,936$164,500$247,536
48609Saginaw, MI 486099.4 mi29$11,251,130$239,400$387,970
48602Saginaw, MI 4860210.6 mi154$16,046,492$90,000$104,198
48724Carrollton, MI 4872411.3 mi3$282,000$95,000$94,000
48637Merrill, MI 4863712.4 mi3$464,700$154,900$154,900
48642Midland, MI 4864213.3 mi58$23,899,538$369,000$412,061
48601Saginaw, MI 4860114.6 mi106$9,926,052$78,700$93,642
48662Wheeler, MI 4866216.0 mi1$230,000$230,000$230,000
48615Breckenridge, MI 4861518.1 mi10$2,238,380$162,500$223,838
48747Munger, MI 4874718.8 mi2$399,800$199,900$199,900
48657Sanford, MI 4865719.4 mi19$6,865,118$290,000$361,322

Frequently Asked Questions

How many homes are for sale in FREELAND, MI 48623?

As of January 2026, there are 38 active listings in FREELAND, MI (zip code 48623), compared to 30 the prior year.

What is the median home price in FREELAND, MI 48623?

The median listing price in FREELAND, MI 48623 is $444,950 as of January 2026, a 17.1% increase from $379,900 the prior year.

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

Homes in FREELAND, MI 48623 spend an average of 94 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in FREELAND, MI 48623?

Based on current inventory and days-on-market data as of January 2026, FREELAND, MI 48623 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 94 days on market compared to 60 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FREELAND, MI 48623 save an estimated $8,899 compared to a typical 5% commission on the median listing price of $444,950. 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.