Data as of April 2026. Source: Realtor.com.
The BLACK RIVER, MI real estate market (48721) currently shows 2 active listings, with 1 pending sales. Homes are averaging 17 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 17 days on market compared to 173 days last year.
The median listing price has risen 111.3% year-over-year, from $377,500 to $797,700.
Whether you are buying or selling in BLACK RIVER, 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: 420 · Density: 5.8/mi² · Median household income: $56,000
Typical home value: $176,315 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48762 | Spruce, MI 48762 | 6.9 mi | 3 | $723,999 | $220,000 | $241,333 |
| 49766 | Ossineke, MI 49766 | 8.7 mi | 2 | $319,800 | $159,900 | $159,900 |
| 49747 | Hubbard Lake, MI 49747 | 15.0 mi | 4 | $1,560,000 | $395,000 | $390,000 |
| 48745 | Mikado, MI 48745 | 17.4 mi | 2 | $958,000 | $479,000 | $479,000 |
| 49744 | Herron, MI 49744 | 20.8 mi | 1 | $455,000 | $455,000 | $455,000 |
| 48728 | Curran, MI 48728 | 23.8 mi | 5 | $3,310,650 | $188,675 | $662,130 |
| 48750 | Oscoda, MI 48750 | 25.5 mi | 61 | $15,350,772 | $142,900 | $251,652 |
| 48730 | East Tawas, MI 48730 | 31.9 mi | 23 | $5,472,413 | $191,150 | $237,931 |
| 48619 | Comins, MI 48619 | 33.1 mi | 9 | $1,599,525 | $152,450 | $177,725 |
| 49777 | Presque Isle, MI 49777 | 33.9 mi | 12 | $8,853,072 | $598,725 | $737,756 |
| 49776 | Posen, MI 49776 | 34.8 mi | 8 | $3,243,360 | $447,425 | $405,420 |
| 48647 | Mio, MI 48647 | 37.6 mi | 21 | $3,916,206 | $172,975 | $186,486 |
| 48748 | National City, MI 48748 | 38.2 mi | 10 | $3,785,700 | $296,225 | $378,570 |
As of April 2026, there are 2 active listings in BLACK RIVER, MI (zip code 48721), compared to 3 the prior year.
The median listing price in BLACK RIVER, MI 48721 is $797,700 as of April 2026, a 111.3% increase from $377,500 the prior year.
Homes in BLACK RIVER, MI 48721 spend an average of 17 days on the market before going under contract, compared to 173 days the prior year.
Based on current inventory and days-on-market data as of April 2026, BLACK RIVER, MI 48721 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 17 days on market compared to 173 days last year.
With SELL123.com's maximum 3% commission, sellers in BLACK RIVER, MI 48721 save an estimated $15,954 compared to a typical 5% commission on the median listing price of $797,700. 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.