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TAWAS CITY, MI 48763

Real Estate Market Report  ·  Iosco County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The TAWAS CITY, MI real estate market (48763) currently shows 28 active listings, with 8 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 43 days last year.

The median listing price has risen 17.6% year-over-year, from $243,475 to $286,306.

Whether you are buying or selling in TAWAS CITY, 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: 4,943  ·  Density: 21.5/mi²  ·  Median household income: $57,011

Typical home value: $143,286  ·  Homeownership: 87.0%

Market Overview

Active Listings
28
⇧ 33.3% vs 21 last year
Pending
8
29% pending ratio
Median Price
$286,306
⇧ 17.6% vs $243,475 last year
Average Price
$307,165
⇧ 8.5% vs $283,218 last year
Days on Market
35
⇩ 18.6% vs 43 days last year

Price Per Square Foot

Median $/sqft
$154
⇧ 6.2% vs $145/sqft last year
Median Home Size
1,591 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 21 last year
  • Days on market: 35 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $286,306 (+17.6% YoY)
  • Average: $307,165 (+8.5% 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 31.5 miles — 195 listings ($50,694,054 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48763Tawas City, MI 487630.0 mi21$5,973,849$257,425$284,469
48765Turner, MI 487658.4 mi4$771,600$192,900$192,900
48770Whittemore, MI 4877010.2 mi2$490,000$245,000$245,000
48739Hale, MI 4873913.8 mi22$6,005,582$239,925$272,981
48750Oscoda, MI 4875015.5 mi61$15,350,772$142,900$251,652
48743Long Lake, MI 4874318.2 mi1$1,400,000$1,400,000$1,400,000
48737Glennie, MI 4873721.0 mi9$2,229,075$242,450$247,675
48761South Branch, MI 4876122.8 mi4$747,152$164,000$186,788
48658Standish, MI 4865824.7 mi14$2,228,492$133,675$159,178
48659Sterling, MI 4865925.1 mi5$1,729,750$254,900$345,950
48610Alger, MI 4861029.3 mi14$3,452,022$236,185$246,573
48705Barton City, MI 4870530.3 mi4$1,244,900$301,950$311,225
48661West Branch, MI 4866131.5 mi34$9,070,860$236,175$266,790

Frequently Asked Questions

How many homes are for sale in TAWAS CITY, MI 48763?

As of April 2026, there are 28 active listings in TAWAS CITY, MI (zip code 48763), compared to 21 the prior year.

What is the median home price in TAWAS CITY, MI 48763?

The median listing price in TAWAS CITY, MI 48763 is $286,306 as of April 2026, a 17.6% increase from $243,475 the prior year.

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

Homes in TAWAS CITY, MI 48763 spend an average of 35 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in TAWAS CITY, MI 48763?

Based on current inventory and days-on-market data as of April 2026, TAWAS CITY, MI 48763 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 43 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TAWAS CITY, MI 48763 save an estimated $5,726 compared to a typical 5% commission on the median listing price of $286,306. 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.