Population: 3,307 · Density: 17.5/mi² · Median household income: $60,395
Typical home value: $142,730 · Homeownership: 88.8%
Data as of January 2026. Source: Realtor.com.
The ELSIE, MI real estate market (48831) currently shows 7 active listings, with 2 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 92 days on market compared to 82 days last year.
The median listing price has risen 17.3% year-over-year, from $147,450 to $173,000.
Whether you are buying or selling in ELSIE, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48831 | Elsie, MI 48831 | 0.0 mi | 7 | $1,567,769 | $173,000 | $223,967 |
| 48866 | Ovid, MI 48866 | 7.6 mi | 12 | $2,844,288 | $258,222 | $237,024 |
| 48649 | Oakley, MI 48649 | 8.8 mi | 5 | $1,688,400 | $364,500 | $337,680 |
| 48867 | Owosso, MI 48867 | 11.6 mi | 88 | $19,246,040 | $189,900 | $218,705 |
| 48874 | Pompeii, MI 48874 | 12.5 mi | 2 | $168,000 | $84,000 | $84,000 |
| 48848 | Laingsburg, MI 48848 | 15.0 mi | 16 | $9,341,728 | $459,900 | $583,858 |
| 48871 | Perrinton, MI 48871 | 15.8 mi | 5 | $2,449,900 | $384,999 | $489,980 |
| 48655 | Saint Charles, MI 48655 | 17.0 mi | 14 | $3,147,214 | $194,900 | $224,801 |
| 48835 | Fowler, MI 48835 | 19.5 mi | 4 | $1,158,532 | $265,000 | $289,633 |
| 48808 | Bath, MI 48808 | 19.5 mi | 9 | $4,732,200 | $469,950 | $525,800 |
| 48820 | Dewitt, MI 48820 | 19.9 mi | 32 | $12,277,600 | $330,000 | $383,675 |
| 48662 | Wheeler, MI 48662 | 20.8 mi | 1 | $230,000 | $230,000 | $230,000 |
| 48637 | Merrill, MI 48637 | 21.7 mi | 3 | $464,700 | $154,900 | $154,900 |
As of January 2026, there are 7 active listings in ELSIE, MI (zip code 48831), compared to 4 the prior year.
The median listing price in ELSIE, MI 48831 is $173,000 as of January 2026, a 17.3% increase from $147,450 the prior year.
Homes in ELSIE, MI 48831 spend an average of 92 days on the market before going under contract, compared to 82 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ELSIE, MI 48831 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 82 days last year.
With SELL123.com's maximum 3% commission, sellers in ELSIE, MI 48831 save an estimated $3,460 compared to a typical 5% commission on the median listing price of $173,000. 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.