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MIO, MI 48647

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

Market Overview

Active Listings
25
⇧ 4.2% vs 24 last year
Pending
6
24% pending ratio
Median Price
$174,000
⇧ 5.8% vs $164,450 last year
Average Price
$186,312
⇩ 10.7% vs $208,744 last year
Days on Market
146
⇧ 21.7% vs 120 days last year

Market Context

Population: 4,256  ·  Density: 9.8/mi²  ·  Median household income: $47,500

Typical home value: $123,809  ·  Homeownership: 82.7%

Market Analysis

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

The MIO, MI real estate market (48647) currently shows 25 active listings, with 6 pending sales. Homes are averaging 146 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 taking longer to sell, averaging 146 days on market compared to 120 days last year.

The median listing price has risen 5.8% year-over-year, from $164,450 to $174,000.

Whether you are buying or selling in MIO, 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: 25 this year vs 24 last year
  • Days on market: 146 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $174,000 (+5.8% YoY)
  • Average: $186,312 (-10.7% 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 30.7 miles — 200 listings ($57,342,202 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48647Mio, MI 486470.0 mi25$4,657,800$174,000$186,312
48636Luzerne, MI 4863611.0 mi10$2,307,580$119,900$230,758
48761South Branch, MI 4876113.4 mi4$747,900$164,000$186,975
48728Curran, MI 4872814.2 mi7$4,446,960$185,000$635,280
48743Long Lake, MI 4874318.0 mi1$1,400,000$1,400,000$1,400,000
48737Glennie, MI 4873719.8 mi9$2,341,800$285,000$260,200
48739Hale, MI 4873922.8 mi15$4,545,450$252,000$303,030
49747Hubbard Lake, MI 4974725.4 mi6$2,728,500$492,500$454,750
49709Atlanta, MI 4970926.5 mi36$11,872,476$259,000$329,791
48653Roscommon, MI 4865328.2 mi49$14,681,478$239,000$299,622
49746Hillman, MI 4974629.1 mi16$3,593,408$224,000$224,588
48756Prescott, MI 4875629.6 mi18$3,038,850$164,450$168,825
48770Whittemore, MI 4877030.7 mi4$980,000$245,000$245,000

Frequently Asked Questions

How many homes are for sale in MIO, MI 48647?

As of January 2026, there are 25 active listings in MIO, MI (zip code 48647), compared to 24 the prior year.

What is the median home price in MIO, MI 48647?

The median listing price in MIO, MI 48647 is $174,000 as of January 2026, a 5.8% increase from $164,450 the prior year.

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

Homes in MIO, MI 48647 spend an average of 146 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in MIO, MI 48647?

Based on current inventory and days-on-market data as of January 2026, MIO, MI 48647 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 146 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MIO, MI 48647 save an estimated $3,480 compared to a typical 5% commission on the median listing price of $174,000. 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.