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HARRISVILLE, MI 48740

Real Estate Market Report  ·  Alcona County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
11
⇩ 26.7% vs 15 last year
Pending
1
9% pending ratio
Median Price
$243,500
⇩ 25.5% vs $326,700 last year
Average Price
$334,659
⇩ 25.1% vs $446,605 last year
Days on Market
66
⇩ 23.3% vs 86 days last year

Market Context

Population: 2,457  ·  Density: 14.1/mi²  ·  Median household income: $51,695

Typical home value: $134,648  ·  Homeownership: 88.6%

Market Analysis

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

The HARRISVILLE, MI real estate market (48740) currently shows 11 active listings, with 1 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 66 days on market compared to 86 days last year.

The median listing price has fallen 25.5% year-over-year, from $326,700 to $243,500.

Whether you are buying or selling in HARRISVILLE, 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: 11 this year vs 15 last year
  • Days on market: 66 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $243,500 (-25.5% YoY)
  • Average: $334,659 (-25.1% 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 35.8 miles — 225 listings ($77,450,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48740Harrisville, MI 487400.0 mi11$3,681,249$243,500$334,659
48745Mikado, MI 487457.8 mi2$609,000$304,500$304,500
48762Spruce, MI 4876211.5 mi2$504,000$252,000$252,000
48750Oscoda, MI 4875015.5 mi61$15,207,666$153,900$249,306
48737Glennie, MI 4873718.1 mi9$2,341,800$285,000$260,200
48730East Tawas, MI 4873021.8 mi28$6,800,640$192,450$242,880
48761South Branch, MI 4876127.5 mi4$747,900$164,000$186,975
48748National City, MI 4874828.6 mi11$3,953,543$237,450$359,413
48739Hale, MI 4873929.8 mi15$4,545,450$252,000$303,030
49707Alpena, MI 4970730.6 mi49$31,921,344$229,950$651,456
49753Lachine, MI 4975331.3 mi4$1,499,800$374,950$374,950
48647Mio, MI 4864734.5 mi25$4,657,800$174,000$186,312
48770Whittemore, MI 4877035.8 mi4$980,000$245,000$245,000

Frequently Asked Questions

How many homes are for sale in HARRISVILLE, MI 48740?

As of January 2026, there are 11 active listings in HARRISVILLE, MI (zip code 48740), compared to 15 the prior year.

What is the median home price in HARRISVILLE, MI 48740?

The median listing price in HARRISVILLE, MI 48740 is $243,500 as of January 2026, a 25.5% decrease from $326,700 the prior year.

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

Homes in HARRISVILLE, MI 48740 spend an average of 66 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in HARRISVILLE, MI 48740?

Based on current inventory and days-on-market data as of January 2026, HARRISVILLE, MI 48740 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HARRISVILLE, MI 48740 save an estimated $4,870 compared to a typical 5% commission on the median listing price of $243,500. 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.