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PERRINTON, MI 48871

Real Estate Market Report  ·  Gratiot County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
1
20% pending ratio
Median Price
$384,999
⇧ 15% vs $334,900 last year
Average Price
$489,980
⇧ 41.4% vs $346,464 last year
Days on Market
52
⇩ 11.9% vs 59 days last year

Market Context

Population: 2,232  ·  Density: 29.5/mi²  ·  Median household income: $73,313

Typical home value: $191,215  ·  Homeownership: 81.4%

Market Analysis

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

The PERRINTON, MI real estate market (48871) currently shows 5 active listings, with 1 pending sales. Homes are averaging 52 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 selling faster, averaging 52 days on market compared to 59 days last year.

The median listing price has risen 15% year-over-year, from $334,900 to $384,999.

Whether you are buying or selling in PERRINTON, 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: 5 this year vs 10 last year
  • Days on market: 52 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $384,999 (+15% YoY)
  • Average: $489,980 (+41.4% 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 20.5 miles — 109 listings ($26,059,520 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48871Perrinton, MI 488710.0 mi5$2,449,900$384,999$489,980
48856Middleton, MI 488564.3 mi1$235,000$235,000$235,000
48811Carson City, MI 488119.1 mi4$733,068$214,900$183,267
48806Ashley, MI 488069.4 mi1$219,900$219,900$219,900
48847Ithaca, MI 488479.5 mi13$2,899,910$190,500$223,070
48873Pewamo, MI 4887312.8 mi1$109,000$109,000$109,000
48807Bannister, MI 4880713.7 mi2$459,800$229,900$229,900
48801Alma, MI 4880115.5 mi47$11,305,145$187,500$240,535
48831Elsie, MI 4883115.8 mi7$1,567,769$173,000$223,967
48832Elwell, MI 4883218.5 mi6$1,037,880$190,000$172,980
48877Riverdale, MI 4887718.9 mi3$529,200$176,400$176,400
48866Ovid, MI 4886619.1 mi12$2,844,288$258,222$237,024
48891Vestaburg, MI 4889120.5 mi7$1,668,660$175,000$238,380

Frequently Asked Questions

How many homes are for sale in PERRINTON, MI 48871?

As of January 2026, there are 5 active listings in PERRINTON, MI (zip code 48871), compared to 10 the prior year.

What is the median home price in PERRINTON, MI 48871?

The median listing price in PERRINTON, MI 48871 is $384,999 as of January 2026, a 15% increase from $334,900 the prior year.

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

Homes in PERRINTON, MI 48871 spend an average of 52 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in PERRINTON, MI 48871?

Based on current inventory and days-on-market data as of January 2026, PERRINTON, MI 48871 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PERRINTON, MI 48871 save an estimated $7,700 compared to a typical 5% commission on the median listing price of $384,999. 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.