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JASPER, MI 49248

Real Estate Market Report  ·  Lenawee County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The JASPER, MI real estate market (49248) currently shows 1 active listings, with 1 pending sales. Homes are averaging 19 days on the market before going under contract.

Homes are selling faster, averaging 19 days on market compared to 94 days last year.

The median listing price has risen 191.4% year-over-year, from $54,900 to $160,000.

Whether you are buying or selling in JASPER, 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 Context

Market Context

Population: 883  ·  Density: 10.3/mi²  ·  Median household income: $63,438

Typical home value: $150,227  ·  Homeownership: 89.9%

Market Overview

Active Listings
1
Pending
1
100% pending ratio
Median Price
$160,000
⇧ 191.4% vs $54,900 last year
Average Price
$160,000
⇧ 191.4% vs $54,900 last year
Days on Market
19
⇩ 79.8% vs 94 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 19 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $160,000 (+191.4% YoY)
  • Average: $160,000 (+191.4% 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
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 18.7 miles — 279 listings ($96,654,398 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49248Jasper, MI 492480.0 mi1$160,000$160,000$160,000
49279Sand Creek, MI 492795.0 mi2$1,130,000$565,000$565,000
43533Lyons, OH 435335.6 mi2$674,800$337,400$337,400
49268Palmyra, MI 492689.1 mi2$479,900$239,950$239,950
49221Adrian, MI 4922110.5 mi104$27,136,720$270,800$260,930
43515Delta, OH 4351511.7 mi14$3,577,266$204,925$255,519
43558Swanton, OH 4355813.2 mi21$6,970,404$335,000$331,924
43560Sylvania, OH 4356014.6 mi89$38,026,852$430,150$427,268
49238Deerfield, MI 4923815.4 mi1$252,400$252,400$252,400
43521Fayette, OH 4352116.1 mi2$272,634$116,000$136,317
49247Hudson, MI 4924718.1 mi11$2,028,730$154,450$184,430
43542Monclova, OH 4354218.3 mi26$14,155,492$476,468$544,442
49287Tipton, MI 4928718.7 mi4$1,789,200$447,450$447,300

Frequently Asked Questions

How many homes are for sale in JASPER, MI 49248?

As of March 2026, there are 1 active listings in JASPER, MI (zip code 49248).

What is the median home price in JASPER, MI 49248?

The median listing price in JASPER, MI 49248 is $160,000 as of March 2026, a 191.4% increase from $54,900 the prior year.

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

Homes in JASPER, MI 49248 spend an average of 19 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in JASPER, MI 49248?

Based on current inventory and days-on-market data as of March 2026, JASPER, MI 49248 is currently a Balanced Market. Homes are selling faster, averaging 19 days on market compared to 94 days last year.

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

With SELL123.com's maximum 3% commission, sellers in JASPER, MI 49248 save an estimated $3,200 compared to a typical 5% commission on the median listing price of $160,000. 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.