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ASHLEY, MI 48806

Real Estate Market Report  ·  Gratiot County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$219,900
⇧ 37.9% vs $159,500 last year
Average Price
$219,900
⇧ 37.9% vs $159,500 last year
Days on Market
84
⇧ 5% vs 80 days last year

Market Context

Population: 1,794  ·  Density: 10.8/mi²  ·  Median household income: $57,083

Typical home value: $135,925  ·  Homeownership: 80.1%

Market Analysis

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

The ASHLEY, MI real estate market (48806) currently shows 1 active listings, with 1 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 84 days on market compared to 80 days last year.

The median listing price has risen 37.9% year-over-year, from $159,500 to $219,900.

Whether you are buying or selling in ASHLEY, 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: 1 this year vs 2 last year
  • Days on market: 84 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $219,900 (+37.9% YoY)
  • Average: $219,900 (+37.9% 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 21.1 miles — 150 listings ($32,052,355 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48806Ashley, MI 488060.0 mi1$219,900$219,900$219,900
48807Bannister, MI 488075.1 mi2$459,800$229,900$229,900
48831Elsie, MI 488318.4 mi7$1,567,769$173,000$223,967
48614Brant, MI 4861410.8 mi2$350,000$175,000$175,000
48856Middleton, MI 4885612.2 mi1$235,000$235,000$235,000
48649Oakley, MI 4864914.2 mi5$1,688,400$364,500$337,680
48662Wheeler, MI 4866215.6 mi1$230,000$230,000$230,000
48835Fowler, MI 4883516.6 mi4$1,158,532$265,000$289,633
48637Merrill, MI 4863717.8 mi3$464,700$154,900$154,900
48655Saint Charles, MI 4865518.6 mi14$3,147,214$194,900$224,801
48880Saint Louis, MI 4888019.2 mi18$2,607,300$130,500$144,850
48867Owosso, MI 4886720.0 mi88$19,246,040$189,900$218,705
48818Crystal, MI 4881821.1 mi4$677,700$164,850$169,425

Frequently Asked Questions

How many homes are for sale in ASHLEY, MI 48806?

As of January 2026, there are 1 active listings in ASHLEY, MI (zip code 48806), compared to 2 the prior year.

What is the median home price in ASHLEY, MI 48806?

The median listing price in ASHLEY, MI 48806 is $219,900 as of January 2026, a 37.9% increase from $159,500 the prior year.

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

Homes in ASHLEY, MI 48806 spend an average of 84 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in ASHLEY, MI 48806?

Based on current inventory and days-on-market data as of January 2026, ASHLEY, MI 48806 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 84 days on market compared to 80 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ASHLEY, MI 48806 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.