Data as of March 2026. Source: Realtor.com.
The ELWELL, MI real estate market (48832) currently shows 2 active listings. Homes are averaging 152 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 152 days on market compared to 38 days last year.
The median listing price has fallen 0.8% year-over-year, from $133,000 to $132,000.
Whether you are buying or selling in ELWELL, 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.
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 March 2026, there are 2 active listings in ELWELL, MI (zip code 48832), compared to 3 the prior year.
The median listing price in ELWELL, MI 48832 is $132,000 as of March 2026, a 0.8% decrease from $133,000 the prior year.
Homes in ELWELL, MI 48832 spend an average of 152 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELWELL, MI 48832 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 152 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in ELWELL, MI 48832 save an estimated $2,640 compared to a typical 5% commission on the median listing price of $132,000. 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.