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DOWAGIAC, MI 49047

Real Estate Market Report  ·  Cass County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
59
⇩ 3.3% vs 61 last year
Pending
13
22% pending ratio
Median Price
$298,500
⇩ 3.3% vs $308,725 last year
Average Price
$422,016
⇩ 8.3% vs $460,310 last year
Days on Market
86
⇧ 1.2% vs 85 days last year

Market Context

Population: 14,350  ·  Density: 46.5/mi²  ·  Median household income: $54,415

Typical home value: $156,388  ·  Homeownership: 72.7%

Market Analysis

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

The DOWAGIAC, MI real estate market (49047) currently shows 59 active listings, with 13 pending sales. Homes are averaging 86 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 86 days on market compared to 85 days last year.

The median listing price has fallen 3.3% year-over-year, from $308,725 to $298,500.

Whether you are buying or selling in DOWAGIAC, 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: 59 this year vs 61 last year
  • Days on market: 86 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $298,500 (-3.3% YoY)
  • Average: $422,016 (-8.3% 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 20.3 miles — 412 listings ($190,167,095 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49047Dowagiac, MI 490470.0 mi59$24,898,944$298,500$422,016
49111Eau Claire, MI 491118.6 mi2$728,900$364,450$364,450
49031Cassopolis, MI 4903110.0 mi19$12,497,383$469,000$657,757
49126Sodus, MI 4912612.8 mi2$494,000$247,000$247,000
49120Niles, MI 4912013.2 mi102$36,874,122$259,000$361,511
49095Vandalia, MI 4909513.9 mi8$2,975,200$299,900$371,900
49112Edwardsburg, MI 4911214.9 mi28$13,109,740$346,950$468,205
49067Marcellus, MI 4906716.6 mi10$3,818,000$274,900$381,800
49038Coloma, MI 4903817.4 mi20$7,277,340$259,450$363,867
49085Saint Joseph, MI 4908517.6 mi84$48,711,432$425,000$579,898
49107Buchanan, MI 4910718.5 mi30$16,820,640$350,000$560,688
49079Paw Paw, MI 4907919.6 mi34$13,160,686$275,000$387,079
49127Stevensville, MI 4912720.3 mi14$8,800,708$539,900$628,622

Frequently Asked Questions

How many homes are for sale in DOWAGIAC, MI 49047?

As of January 2026, there are 59 active listings in DOWAGIAC, MI (zip code 49047), compared to 61 the prior year.

What is the median home price in DOWAGIAC, MI 49047?

The median listing price in DOWAGIAC, MI 49047 is $298,500 as of January 2026, a 3.3% decrease from $308,725 the prior year.

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

Homes in DOWAGIAC, MI 49047 spend an average of 86 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in DOWAGIAC, MI 49047?

Based on current inventory and days-on-market data as of January 2026, DOWAGIAC, MI 49047 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 85 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DOWAGIAC, MI 49047 save an estimated $5,970 compared to a typical 5% commission on the median listing price of $298,500. 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.