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OMER, MI 48749

Real Estate Market Report  ·  Arenac County
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The OMER, MI real estate market (48749) currently shows 2 active listings. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 81 days last year.

The median listing price has fallen 38.9% year-over-year, from $247,450 to $151,225.

Whether you are buying or selling in OMER, 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 Context

Market Context

Population: 1,311  ·  Density: 13.0/mi²  ·  Median household income: $49,180

Typical home value: $107,014  ·  Homeownership: 91.3%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$151,225
⇩ 38.9% vs $247,450 last year
Average Price
$166,958
⇩ 21.8% vs $213,425 last year
Days on Market
56
⇩ 30.9% vs 81 days last year

Price Per Square Foot

Median $/sqft
$89
⇧ 23.6% vs $72/sqft last year
Median Home Size
1,826 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 56 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $151,225 (-38.9% YoY)
  • Average: $166,958 (-21.8% 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 29.8 miles — 232 listings ($70,209,550 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48749Omer, MI 487490.0 mi2$679,750$339,875$339,875
48658Standish, MI 486585.7 mi14$2,228,492$133,675$159,178
48765Turner, MI 4876511.0 mi4$771,600$192,900$192,900
48756Prescott, MI 4875612.8 mi18$3,000,420$163,650$166,690
48610Alger, MI 4861015.2 mi14$3,452,022$236,185$246,573
48650Pinconning, MI 4865015.4 mi20$3,987,400$189,445$199,370
48748National City, MI 4874820.3 mi10$3,785,700$296,225$378,570
48634Linwood, MI 4863422.3 mi6$1,378,950$227,475$229,825
48635Lupton, MI 4863524.1 mi5$1,823,500$425,000$364,700
48631Kawkawlin, MI 4863126.2 mi8$1,984,384$261,175$248,048
48624Gladwin, MI 4862428.1 mi61$17,836,644$224,925$292,404
48628Hope, MI 4862828.8 mi8$2,642,264$337,400$330,283
48642Midland, MI 4864229.8 mi62$26,638,424$394,000$429,652

Frequently Asked Questions

How many homes are for sale in OMER, MI 48749?

As of July 2026, there are 2 active listings in OMER, MI (zip code 48749), compared to 4 the prior year.

What is the median home price in OMER, MI 48749?

The median listing price in OMER, MI 48749 is $151,225 as of July 2026, a 38.9% decrease from $247,450 the prior year.

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

Homes in OMER, MI 48749 spend an average of 56 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in OMER, MI 48749?

Based on current inventory and days-on-market data as of July 2026, OMER, MI 48749 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 56 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OMER, MI 48749 save an estimated $3,025 compared to a typical 5% commission on the median listing price of $151,225. 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.