Active Listings
4
⇧ 300% vs 1 last year
Data as of September 2026. Source: Realtor.com.
The ELWELL, MI real estate market (48832) currently shows 4 active listings, with 2 pending sales. Homes are averaging 35 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 selling faster, averaging 35 days on market compared to 48 days last year.
The median listing price has risen 151.9% year-over-year, from $96,250 to $242,450.
Population: 1,276 · Density: 19.2/mi² · Median household income: $61,974
Typical home value: $128,482 · Homeownership: 92.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48832 | Elwell, MI 48832 | 0.0 mi | 5 | $665,000 | $135,000 | $133,000 |
| 48801 | Alma, MI 48801 | 5.6 mi | 46 | $11,279,936 | $211,000 | $245,216 |
| 48889 | Sumner, MI 48889 | 8.4 mi | 0 | $0 | $355,900 | $355,900 |
| 48880 | Saint Louis, MI 48880 | 10.8 mi | 16 | $2,543,776 | $140,100 | $158,986 |
| 48829 | Edmore, MI 48829 | 12.2 mi | 8 | $2,289,600 | $249,000 | $286,200 |
| 48858 | Mount Pleasant, MI 48858 | 14.0 mi | 104 | $26,825,552 | $236,200 | $257,938 |
| 49310 | Blanchard, MI 49310 | 15.6 mi | 6 | $1,024,824 | $170,750 | $170,804 |
| 48888 | Stanton, MI 48888 | 17.5 mi | 12 | $3,305,532 | $240,000 | $275,461 |
| 48871 | Perrinton, MI 48871 | 18.5 mi | 2 | $769,800 | $384,900 | $384,900 |
| 48886 | Six Lakes, MI 48886 | 19.2 mi | 8 | $1,919,840 | $238,725 | $239,980 |
| 48878 | Rosebush, MI 48878 | 20.7 mi | 3 | $900,999 | $320,000 | $300,333 |
| 48845 | Hubbardston, MI 48845 | 21.4 mi | 3 | $1,596,000 | $532,000 | $532,000 |
| 48853 | Maple Rapids, MI 48853 | 21.8 mi | 4 | $559,900 | $139,975 | $139,975 |
As of September 2026, there are 4 active listings in ELWELL, MI (zip code 48832), compared to 1 the prior year.
The median listing price in ELWELL, MI 48832 is $242,450 as of September 2026, a 151.9% increase from $96,250 the prior year.
Homes in ELWELL, MI 48832 spend an average of 35 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELWELL, MI 48832 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in ELWELL, MI 48832 save an estimated $4,849 compared to a typical 5% commission on the median listing price of $242,450. 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.