Active Listings
4
⇩ 50% vs 8 last year
Data as of September 2026. Source: Realtor.com.
The ELSIE, MI real estate market (48831) currently shows 4 active listings, with 2 pending sales. Homes are averaging 181 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 181 days on market compared to 34 days last year.
The median listing price has fallen 48.8% year-over-year, from $141,725 to $72,500.
Population: 3,307 · Density: 17.5/mi² · Median household income: $60,395
Typical home value: $142,730 · Homeownership: 88.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48831 | Elsie, MI 48831 | 0.0 mi | 9 | $1,964,403 | $236,150 | $218,267 |
| 48866 | Ovid, MI 48866 | 7.6 mi | 7 | $1,401,596 | $152,400 | $200,228 |
| 48614 | Brant, MI 48614 | 10.9 mi | 1 | $175,000 | $175,000 | $175,000 |
| 48879 | Saint Johns, MI 48879 | 12.3 mi | 47 | $16,795,262 | $367,400 | $357,346 |
| 48616 | Chesaning, MI 48616 | 14.6 mi | 17 | $3,865,936 | $188,225 | $227,408 |
| 48847 | Ithaca, MI 48847 | 15.5 mi | 10 | $2,327,700 | $184,500 | $232,770 |
| 48853 | Maple Rapids, MI 48853 | 15.9 mi | 4 | $559,900 | $139,975 | $139,975 |
| 48817 | Corunna, MI 48817 | 18.0 mi | 16 | $3,245,904 | $180,975 | $202,869 |
| 48808 | Bath, MI 48808 | 19.5 mi | 14 | $6,960,170 | $428,975 | $497,155 |
| 48820 | Dewitt, MI 48820 | 19.9 mi | 26 | $10,396,880 | $339,750 | $399,880 |
| 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 |
| 48872 | Perry, MI 48872 | 22.3 mi | 19 | $7,719,871 | $394,475 | $406,309 |
As of September 2026, there are 4 active listings in ELSIE, MI (zip code 48831), compared to 8 the prior year.
The median listing price in ELSIE, MI 48831 is $72,500 as of September 2026, a 48.8% decrease from $141,725 the prior year.
Homes in ELSIE, MI 48831 spend an average of 181 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELSIE, MI 48831 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 181 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in ELSIE, MI 48831 save an estimated $1,450 compared to a typical 5% commission on the median listing price of $72,500. 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.