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MULLIKEN, MI 48861

Real Estate Market Report  ·  Eaton County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MULLIKEN, MI real estate market (48861) currently shows 4 active listings, with 2 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.

The median listing price has risen 15.1% year-over-year, from $291,350 to $335,225.

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Market Context

Market Context

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

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

Market Overview

Active Listings
4
⇩ 55.6% vs 9 last year
Pending
2
50% pending ratio
Median Price
$335,225
⇧ 15.1% vs $291,350 last year
Average Price
$333,842
⇧ 8% vs $309,025 last year
Days on Market
34
⇧ 41.7% vs 24 days last year

Price Per Square Foot

Median $/sqft
$187
⇧ 19.1% vs $157/sqft last year
Median Home Size
1,664 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 9 last year
  • Days on market: 34 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $335,225 (+15.1% YoY)
  • Average: $333,842 (+8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 290 listings ($81,514,510 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48861Mulliken, MI 488610.0 mi2$1,010,000$505,000$505,000
48837Grand Ledge, MI 488377.7 mi48$21,780,672$386,000$453,764
48875Portland, MI 488758.9 mi17$6,096,387$385,000$358,611
48876Potterville, MI 4887610.8 mi5$1,711,085$305,950$342,217
48849Lake Odessa, MI 4884911.9 mi12$4,535,604$369,900$377,967
49073Nashville, MI 4907314.5 mi13$4,800,692$249,975$369,284
48851Lyons, MI 4885115.6 mi6$5,112,960$299,900$852,160
48915Lansing, MI 4891517.6 mi59$7,139,885$114,975$121,015
48933Lansing, MI 4893318.3 mi8$1,246,968$129,900$155,871
48820Dewitt, MI 4882018.8 mi26$10,396,880$339,750$399,880
49325Freeport, MI 4932519.6 mi4$1,950,900$487,725$487,725
48912Lansing, MI 4891220.0 mi63$7,869,834$96,250$124,918
48827Eaton Rapids, MI 4882720.1 mi27$7,862,643$244,425$291,209

Frequently Asked Questions

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

As of September 2026, there are 4 active listings in MULLIKEN, MI (zip code 48861), compared to 9 the prior year.

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

The median listing price in MULLIKEN, MI 48861 is $335,225 as of September 2026, a 15.1% increase from $291,350 the prior year.

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

Homes in MULLIKEN, MI 48861 spend an average of 34 days on the market before going under contract, compared to 24 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 September 2026, MULLIKEN, MI 48861 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 34 days on market compared to 24 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 $6,705 compared to a typical 5% commission on the median listing price of $335,225. 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.