Data as of March 2026. Source: Realtor.com.
The LUZERNE, MI real estate market (48636) currently shows 7 active listings, with 2 pending sales. Homes are averaging 106 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 selling faster, averaging 106 days on market compared to 107 days last year.
The median listing price has fallen 26.8% year-over-year, from $361,950 to $264,925.
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.
Population: 852 · Density: 4.3/mi² · Median household income: $58,750
Typical home value: $92,820 · Homeownership: 98.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48636 | Luzerne, MI 48636 | 0.0 mi | 8 | $2,248,440 | $119,900 | $281,055 |
| 48654 | Rose City, MI 48654 | 12.1 mi | 5 | $1,079,865 | $160,000 | $215,973 |
| 48621 | Fairview, MI 48621 | 17.0 mi | 3 | $637,200 | $212,400 | $212,400 |
| 49738 | Grayling, MI 49738 | 17.3 mi | 42 | $13,471,458 | $254,675 | $320,749 |
| 48656 | Saint Helen, MI 48656 | 18.6 mi | 23 | $5,664,095 | $167,975 | $246,265 |
| 48761 | South Branch, MI 48761 | 19.9 mi | 4 | $747,152 | $164,000 | $186,788 |
| 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 | 12 | $4,660,536 | $381,369 | $388,378 |
| 48651 | Prudenville, MI 48651 | 28.5 mi | 22 | $6,411,592 | $271,950 | $291,436 |
| 49751 | Johannesburg, MI 49751 | 28.8 mi | 5 | $2,825,000 | $262,450 | $565,000 |
| 48630 | Houghton Lake Heights, MI 48630 | 30.2 mi | 3 | $810,900 | $270,300 | $270,300 |
| 48629 | Houghton Lake, MI 48629 | 31.1 mi | 38 | $10,950,308 | $227,500 | $288,166 |
| 48610 | Alger, MI 48610 | 32.3 mi | 14 | $3,452,022 | $236,185 | $246,573 |
As of March 2026, there are 7 active listings in LUZERNE, MI (zip code 48636), compared to 4 the prior year.
The median listing price in LUZERNE, MI 48636 is $264,925 as of March 2026, a 26.8% decrease from $361,950 the prior year.
Homes in LUZERNE, MI 48636 spend an average of 106 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LUZERNE, MI 48636 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 106 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in LUZERNE, MI 48636 save an estimated $5,299 compared to a typical 5% commission on the median listing price of $264,925. 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.