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GLADWIN, MI 48624

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

Market Analysis

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

The GLADWIN, MI real estate market (48624) currently shows 71 active listings, with 19 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 109 days last year.

The median listing price has risen 14.1% year-over-year, from $219,957 to $250,875.

Whether you are buying or selling in GLADWIN, 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: 16,480  ·  Density: 18.7/mi²  ·  Median household income: $54,383

Typical home value: $141,018  ·  Homeownership: 89.1%

Market Overview

Active Listings
71
⇧ 1.4% vs 70 last year
Pending
19
27% pending ratio
Median Price
$250,875
⇧ 14.1% vs $219,957 last year
Average Price
$315,498
⇧ 24.9% vs $252,567 last year
Days on Market
61
⇩ 44% vs 109 days last year

Price Per Square Foot

Median $/sqft
$160
⇧ 4.6% vs $153/sqft last year
Median Home Size
1,382 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 70 last year
  • Days on market: 61 now vs 109 last year

Median & Average Pricing

Year over Year
  • Median: $250,875 (+14.1% YoY)
  • Average: $315,498 (+24.9% 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 29.2 miles — 236 listings ($85,475,840 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48624Gladwin, MI 486240.0 mi61$17,836,644$224,925$292,404
48610Alger, MI 4861014.6 mi14$3,452,022$236,185$246,573
48613Bentley, MI 4861317.0 mi1$69,000$69,000$69,000
48652Rhodes, MI 4865219.2 mi2$559,800$279,900$279,900
48656Saint Helen, MI 4865620.1 mi23$5,664,095$167,975$246,265
48628Hope, MI 4862820.2 mi8$2,642,264$337,400$330,283
48618Coleman, MI 4861822.9 mi19$4,976,556$259,950$261,924
48630Houghton Lake Heights, MI 4863024.1 mi3$810,900$270,300$270,300
48650Pinconning, MI 4865026.2 mi20$3,987,400$189,445$199,370
48622Farwell, MI 4862226.3 mi15$17,096,985$264,900$1,139,799
48642Midland, MI 4864227.4 mi62$26,638,424$394,000$429,652
49632Falmouth, MI 4963228.4 mi2$362,800$181,400$181,400
48634Linwood, MI 4863429.2 mi6$1,378,950$227,475$229,825

Frequently Asked Questions

How many homes are for sale in GLADWIN, MI 48624?

As of March 2026, there are 71 active listings in GLADWIN, MI (zip code 48624), compared to 70 the prior year.

What is the median home price in GLADWIN, MI 48624?

The median listing price in GLADWIN, MI 48624 is $250,875 as of March 2026, a 14.1% increase from $219,957 the prior year.

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

Homes in GLADWIN, MI 48624 spend an average of 61 days on the market before going under contract, compared to 109 days the prior year.

Is it a seller's or buyer's market in GLADWIN, MI 48624?

Based on current inventory and days-on-market data as of March 2026, GLADWIN, MI 48624 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 109 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GLADWIN, MI 48624 save an estimated $5,018 compared to a typical 5% commission on the median listing price of $250,875. 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.