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MUNGER, MI 48747

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

Market Analysis

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

The MUNGER, MI real estate market (48747) currently shows 5 active listings, with 3 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 4 days last year.

The median listing price has fallen 28.9% year-over-year, from $262,175 to $186,450.

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Market Context

Market Context

Population: 1,720  ·  Density: 20.9/mi²  ·  Median household income: $76,350

Typical home value: $122,047  ·  Homeownership: 92.3%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
3
60% pending ratio
Median Price
$186,450
⇩ 28.9% vs $262,175 last year
Average Price
$187,442
⇩ 28.5% vs $262,175 last year
Days on Market
41
⇧ 925% vs 4 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 23.3% vs $163/sqft last year
Median Home Size
1,614 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 41 now vs 4 last year

Median & Average Pricing

Year over Year
  • Median: $186,450 (-28.9% YoY)
  • Average: $187,442 (-28.5% 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 19.0 miles — 461 listings ($113,543,890 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48747Munger, MI 487470.0 mi2$399,800$199,900$199,900
48757Reese, MI 487575.5 mi10$1,625,960$158,725$162,596
48733Fairgrove, MI 487338.6 mi9$1,615,473$169,250$179,497
48724Carrollton, MI 487249.4 mi4$377,200$95,000$94,300
48607Saginaw, MI 4860710.7 mi3$179,700$59,900$59,900
48706Bay City, MI 4870611.2 mi121$36,567,289$291,500$302,209
48701Akron, MI 4870111.7 mi4$783,868$198,000$195,967
48602Saginaw, MI 4860212.8 mi155$16,125,270$89,900$104,034
48603Saginaw, MI 4860314.1 mi69$20,473,542$274,425$296,718
48631Kawkawlin, MI 4863116.5 mi8$1,984,384$261,175$248,048
48767Unionville, MI 4876717.4 mi6$1,390,728$233,675$231,788
48623Freeland, MI 4862318.8 mi43$25,918,379$519,525$602,753
48723Caro, MI 4872319.0 mi27$6,102,297$226,000$226,011

Frequently Asked Questions

How many homes are for sale in MUNGER, MI 48747?

As of September 2026, there are 5 active listings in MUNGER, MI (zip code 48747), compared to 3 the prior year.

What is the median home price in MUNGER, MI 48747?

The median listing price in MUNGER, MI 48747 is $186,450 as of September 2026, a 28.9% decrease from $262,175 the prior year.

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

Homes in MUNGER, MI 48747 spend an average of 41 days on the market before going under contract, compared to 4 days the prior year.

Is it a seller's or buyer's market in MUNGER, MI 48747?

Based on current inventory and days-on-market data as of September 2026, MUNGER, MI 48747 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 4 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MUNGER, MI 48747 save an estimated $3,729 compared to a typical 5% commission on the median listing price of $186,450. 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.