Active Listings
3
⇩ 50% vs 6 last year
Data as of September 2026. Source: Realtor.com.
The BLACK RIVER, MI real estate market (48721) currently shows 3 active listings, with 1 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 92 days on market compared to 25 days last year.
The median listing price has fallen 58.7% year-over-year, from $673,700 to $278,500.
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 September 2026, there are 3 active listings in BLACK RIVER, MI (zip code 48721), compared to 6 the prior year.
The median listing price in BLACK RIVER, MI 48721 is $278,500 as of September 2026, a 58.7% decrease from $673,700 the prior year.
Homes in BLACK RIVER, MI 48721 spend an average of 92 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BLACK RIVER, MI 48721 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in BLACK RIVER, MI 48721 save an estimated $5,570 compared to a typical 5% commission on the median listing price of $278,500. 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.