Population: 852 · Density: 4.3/mi² · Median household income: $58,750
Typical home value: $92,820 · Homeownership: 98.1%
Data as of January 2026. Source: Realtor.com.
The LUZERNE, MI real estate market (48636) currently shows 10 active listings, with 2 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 87 days on market compared to 82 days last year.
The median listing price has fallen 61.5% year-over-year, from $311,075 to $119,900.
Whether you are buying or selling in LUZERNE, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48636 | Luzerne, MI 48636 | 0.0 mi | 10 | $2,307,580 | $119,900 | $230,758 |
| 48654 | Rose City, MI 48654 | 12.1 mi | 6 | $907,080 | $147,500 | $151,180 |
| 48621 | Fairview, MI 48621 | 17.0 mi | 3 | $635,850 | $211,950 | $211,950 |
| 49738 | Grayling, MI 49738 | 17.3 mi | 43 | $13,319,508 | $254,950 | $309,756 |
| 48656 | Saint Helen, MI 48656 | 18.6 mi | 23 | $4,678,545 | $157,900 | $203,415 |
| 48761 | South Branch, MI 48761 | 19.9 mi | 4 | $747,900 | $164,000 | $186,975 |
| 48743 | Long Lake, MI 48743 | 22.9 mi | 1 | $1,400,000 | $1,400,000 | $1,400,000 |
| 49733 | Frederic, MI 49733 | 26.3 mi | 13 | $4,829,929 | $365,000 | $371,533 |
| 48651 | Prudenville, MI 48651 | 28.5 mi | 20 | $5,743,880 | $266,950 | $287,194 |
| 49751 | Johannesburg, MI 49751 | 28.8 mi | 9 | $3,695,508 | $244,000 | $410,612 |
| 48630 | Houghton Lake Heights, MI 48630 | 30.2 mi | 3 | $810,900 | $270,300 | $270,300 |
| 48629 | Houghton Lake, MI 48629 | 31.1 mi | 47 | $14,767,635 | $249,900 | $314,205 |
| 48610 | Alger, MI 48610 | 32.3 mi | 12 | $2,880,240 | $211,950 | $240,020 |
As of January 2026, there are 10 active listings in LUZERNE, MI (zip code 48636), compared to 7 the prior year.
The median listing price in LUZERNE, MI 48636 is $119,900 as of January 2026, a 61.5% decrease from $311,075 the prior year.
Homes in LUZERNE, MI 48636 spend an average of 87 days on the market before going under contract, compared to 82 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LUZERNE, MI 48636 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 82 days last year.
With SELL123.com's maximum 3% commission, sellers in LUZERNE, MI 48636 save an estimated $2,398 compared to a typical 5% commission on the median listing price of $119,900. 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.