Data as of March 2026. Source: Realtor.com.
The ELKTON, MI real estate market (48731) currently shows 4 active listings, with 1 pending sales. Homes are averaging 85 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 85 days on market compared to 47 days last year.
The median listing price has fallen 30.6% year-over-year, from $244,750 to $169,950.
Whether you are buying or selling in ELKTON, 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: 1,477 · Density: 11.7/mi² · Median household income: $51,346
Typical home value: $98,405 · Homeownership: 74.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48731 | Elkton, MI 48731 | 0.0 mi | 4 | $621,900 | $172,450 | $155,475 |
| 48725 | Caseville, MI 48725 | 7.2 mi | 15 | $5,105,745 | $276,725 | $340,383 |
| 48413 | Bad Axe, MI 48413 | 8.4 mi | 30 | $6,226,230 | $178,900 | $207,541 |
| 48432 | Filion, MI 48432 | 9.8 mi | 2 | $372,900 | $186,450 | $186,450 |
| 48759 | Sebewaing, MI 48759 | 14.1 mi | 15 | $2,372,100 | $149,000 | $158,140 |
| 48726 | Cass City, MI 48726 | 16.0 mi | 19 | $3,717,768 | $163,900 | $195,672 |
| 48468 | Port Hope, MI 48468 | 19.6 mi | 6 | $1,915,800 | $233,000 | $319,300 |
| 48441 | Harbor Beach, MI 48441 | 22.1 mi | 12 | $6,460,416 | $198,675 | $538,368 |
| 48729 | Deford, MI 48729 | 23.7 mi | 4 | $770,432 | $187,525 | $192,608 |
| 48701 | Akron, MI 48701 | 26.1 mi | 4 | $783,868 | $198,000 | $195,967 |
| 48465 | Palms, MI 48465 | 27.2 mi | 3 | $1,549,500 | $558,500 | $516,500 |
| 48434 | Forestville, MI 48434 | 29.9 mi | 1 | $81,950 | $81,950 | $81,950 |
| 48427 | Deckerville, MI 48427 | 30.1 mi | 8 | $3,488,080 | $381,000 | $436,010 |
As of March 2026, there are 4 active listings in ELKTON, MI (zip code 48731), compared to 3 the prior year.
The median listing price in ELKTON, MI 48731 is $169,950 as of March 2026, a 30.6% decrease from $244,750 the prior year.
Homes in ELKTON, MI 48731 spend an average of 85 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELKTON, MI 48731 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 85 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in ELKTON, MI 48731 save an estimated $3,399 compared to a typical 5% commission on the median listing price of $169,950. 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.