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MIO, MI 48647

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The MIO, MI real estate market (48647) currently shows 37 active listings, with 9 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 51 days last year.

The median listing price has risen 19.5% year-over-year, from $162,700 to $194,500.

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 Context

Market Context

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

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

Market Overview

Active Listings
37
⇧ 19.4% vs 31 last year
Pending
9
24% pending ratio
Median Price
$194,500
⇧ 19.5% vs $162,700 last year
Average Price
$218,333
⇧ 10.9% vs $196,931 last year
Days on Market
61
⇧ 19.6% vs 51 days last year

Price Per Square Foot

Median $/sqft
$150
⇧ 26.1% vs $119/sqft last year
Median Home Size
1,292 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 31 last year
  • Days on market: 61 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $194,500 (+19.5% YoY)
  • Average: $218,333 (+10.9% 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 30.7 miles — 190 listings ($52,999,597 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48647Mio, MI 486470.0 mi21$3,916,206$172,975$186,486
48636Luzerne, MI 4863611.0 mi8$2,248,440$119,900$281,055
48761South Branch, MI 4876113.4 mi4$747,152$164,000$186,788
48728Curran, MI 4872814.2 mi5$3,310,650$188,675$662,130
48743Long Lake, MI 4874318.0 mi1$1,400,000$1,400,000$1,400,000
48737Glennie, MI 4873719.8 mi9$2,229,075$242,450$247,675
48739Hale, MI 4873922.8 mi22$6,005,582$239,925$272,981
49747Hubbard Lake, MI 4974725.4 mi4$1,560,000$395,000$390,000
49709Atlanta, MI 4970926.5 mi34$12,793,248$259,450$376,272
48653Roscommon, MI 4865328.2 mi45$11,609,280$225,000$257,984
49746Hillman, MI 4974629.1 mi17$3,689,544$196,225$217,032
48756Prescott, MI 4875629.6 mi18$3,000,420$163,650$166,690
48770Whittemore, MI 4877030.7 mi2$490,000$245,000$245,000

Frequently Asked Questions

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

As of July 2026, there are 37 active listings in MIO, MI (zip code 48647), compared to 31 the prior year.

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

The median listing price in MIO, MI 48647 is $194,500 as of July 2026, a 19.5% increase from $162,700 the prior year.

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

Homes in MIO, MI 48647 spend an average of 61 days on the market before going under contract, compared to 51 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 July 2026, MIO, MI 48647 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 51 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 $3,890 compared to a typical 5% commission on the median listing price of $194,500. 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.