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MIDLAND, MI 48640

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

Market Overview

Active Listings
88
⇧ 25.7% vs 70 last year
Pending
37
42% pending ratio
Median Price
$265,000
⇩ 6.2% vs $282,425 last year
Average Price
$385,839
⇩ 1.7% vs $392,613 last year
Days on Market
89
⇧ 50.8% vs 59 days last year

Market Context

Population: 32,723  ·  Density: 120.2/mi²  ·  Median household income: $76,693

Typical home value: $178,474  ·  Homeownership: 74.2%

Market Analysis

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

The MIDLAND, MI real estate market (48640) currently shows 88 active listings, with 37 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 59 days last year.

The median listing price has fallen 6.2% year-over-year, from $282,425 to $265,000.

Whether you are buying or selling in MIDLAND, 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: 88 this year vs 70 last year
  • Days on market: 89 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $265,000 (-6.2% YoY)
  • Average: $385,839 (-1.7% 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 22.3 miles — 286 listings ($89,138,917 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48640Midland, MI 486400.0 mi88$33,953,832$265,000$385,839
48657Sanford, MI 486579.7 mi19$6,865,118$290,000$361,322
48637Merrill, MI 4863711.7 mi3$464,700$154,900$154,900
48611Auburn, MI 4861112.6 mi14$3,872,246$224,900$276,589
48662Wheeler, MI 4866213.1 mi1$230,000$230,000$230,000
48880Saint Louis, MI 4888014.6 mi18$2,607,300$130,500$144,850
48883Shepherd, MI 4888316.8 mi15$4,168,080$249,000$277,872
48631Kawkawlin, MI 4863118.1 mi7$1,656,697$259,900$236,671
48609Saginaw, MI 4860918.4 mi29$11,251,130$239,400$387,970
48638Saginaw, MI 4863819.7 mi39$11,268,972$232,300$288,948
48612Beaverton, MI 4861221.1 mi36$9,371,628$171,950$260,323
48655Saint Charles, MI 4865522.1 mi14$3,147,214$194,900$224,801
48724Carrollton, MI 4872422.3 mi3$282,000$95,000$94,000

Frequently Asked Questions

How many homes are for sale in MIDLAND, MI 48640?

As of January 2026, there are 88 active listings in MIDLAND, MI (zip code 48640), compared to 70 the prior year.

What is the median home price in MIDLAND, MI 48640?

The median listing price in MIDLAND, MI 48640 is $265,000 as of January 2026, a 6.2% decrease from $282,425 the prior year.

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

Homes in MIDLAND, MI 48640 spend an average of 89 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in MIDLAND, MI 48640?

Based on current inventory and days-on-market data as of January 2026, MIDLAND, MI 48640 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MIDLAND, MI 48640 save an estimated $5,300 compared to a typical 5% commission on the median listing price of $265,000. 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.