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MULLIKEN, MI 48861

Real Estate Market Report  ·  Eaton County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
4
67% pending ratio
Median Price
$311,900
⇩ 3.9% vs $324,675 last year
Average Price
$345,633
⇧ 6.5% vs $324,675 last year
Days on Market
129
⇧ 821.4% vs 14 days last year

Market Context

Population: 1,839  ·  Density: 27.1/mi²  ·  Median household income: $87,426

Typical home value: $173,132  ·  Homeownership: 94.3%

Market Analysis

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

The MULLIKEN, MI real estate market (48861) currently shows 6 active listings, with 4 pending sales. Homes are averaging 129 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 129 days on market compared to 14 days last year.

The median listing price has fallen 3.9% year-over-year, from $324,675 to $311,900.

Whether you are buying or selling in MULLIKEN, 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: 6 this year vs 3 last year
  • Days on market: 129 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $311,900 (-3.9% YoY)
  • Average: $345,633 (+6.5% 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 20.0 miles — 509 listings ($122,095,564 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48861Mulliken, MI 488610.0 mi6$2,073,798$311,900$345,633
48837Grand Ledge, MI 488377.7 mi41$14,061,319$289,000$342,959
48875Portland, MI 488758.9 mi19$7,004,350$362,500$368,650
48876Potterville, MI 4887610.8 mi5$1,687,250$349,900$337,450
48813Charlotte, MI 4881311.1 mi45$12,886,875$294,500$286,375
48917Lansing, MI 4891714.1 mi67$18,729,850$272,500$279,550
48821Dimondale, MI 4882115.0 mi13$5,546,021$343,000$426,617
48906Lansing, MI 4890617.1 mi80$14,783,520$149,500$184,794
48911Lansing, MI 4891117.9 mi74$17,571,078$199,900$237,447
48815Clarksville, MI 4881518.7 mi1$220,000$220,000$220,000
48846Ionia, MI 4884619.1 mi29$9,087,527$272,400$313,363
48873Pewamo, MI 4887319.8 mi1$109,000$109,000$109,000
48910Lansing, MI 4891020.0 mi128$18,334,976$135,000$143,242

Frequently Asked Questions

How many homes are for sale in MULLIKEN, MI 48861?

As of January 2026, there are 6 active listings in MULLIKEN, MI (zip code 48861), compared to 3 the prior year.

What is the median home price in MULLIKEN, MI 48861?

The median listing price in MULLIKEN, MI 48861 is $311,900 as of January 2026, a 3.9% decrease from $324,675 the prior year.

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

Homes in MULLIKEN, MI 48861 spend an average of 129 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in MULLIKEN, MI 48861?

Based on current inventory and days-on-market data as of January 2026, MULLIKEN, MI 48861 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 129 days on market compared to 14 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MULLIKEN, MI 48861 save an estimated $6,238 compared to a typical 5% commission on the median listing price of $311,900. 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.