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BELLAIRE, MI 49615

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

Market Analysis

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

The BELLAIRE, MI real estate market (49615) currently shows 72 active listings, with 10 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are selling faster, averaging 81 days on market compared to 88 days last year.

The median listing price has fallen 9.8% year-over-year, from $299,000 to $269,675.

Whether you are buying or selling in BELLAIRE, 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: 3,946  ·  Density: 22.3/mi²  ·  Median household income: $72,065

Typical home value: $245,983  ·  Homeownership: 86.2%

Market Overview

Active Listings
72
⇧ 75.6% vs 41 last year
Pending
10
14% pending ratio
Median Price
$269,675
⇩ 9.8% vs $299,000 last year
Average Price
$396,432
⇩ 10.3% vs $441,933 last year
Days on Market
81
⇩ 8% vs 88 days last year

Price Per Square Foot

Median $/sqft
$235
⇧ 13.5% vs $207/sqft last year
Median Home Size
1,250 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 72 this year vs 41 last year
  • Days on market: 81 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $269,675 (-9.8% YoY)
  • Average: $396,432 (-10.3% 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
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 26.2 miles — 311 listings ($228,345,396 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49615Bellaire, MI 496150.0 mi72$29,116,944$269,000$404,402
49612Alden, MI 496127.7 mi9$8,992,737$452,500$999,193
49676Rapid City, MI 496769.9 mi18$17,129,412$744,950$951,634
49629Elk Rapids, MI 4962910.2 mi6$2,502,930$387,175$417,155
49727East Jordan, MI 4972712.2 mi26$24,356,150$421,175$936,775
49690Williamsburg, MI 4969016.1 mi28$35,526,764$657,000$1,268,813
49646Kalkaska, MI 4964618.6 mi31$10,636,751$300,500$343,121
49712Boyne City, MI 4971219.1 mi32$44,166,432$554,950$1,380,201
49682Suttons Bay, MI 4968221.7 mi11$13,859,846$1,100,000$1,259,986
49680South Boardman, MI 4968022.9 mi2$754,800$377,400$377,400
49796Walloon Lake, MI 4979624.4 mi4$8,324,800$1,904,950$2,081,200
49653Lake Leelanau, MI 4965325.6 mi6$7,925,880$995,000$1,320,980
49735Gaylord, MI 4973526.2 mi66$25,051,950$340,825$379,575

Frequently Asked Questions

How many homes are for sale in BELLAIRE, MI 49615?

As of March 2026, there are 72 active listings in BELLAIRE, MI (zip code 49615), compared to 41 the prior year.

What is the median home price in BELLAIRE, MI 49615?

The median listing price in BELLAIRE, MI 49615 is $269,675 as of March 2026, a 9.8% decrease from $299,000 the prior year.

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

Homes in BELLAIRE, MI 49615 spend an average of 81 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in BELLAIRE, MI 49615?

Based on current inventory and days-on-market data as of March 2026, BELLAIRE, MI 49615 is currently a Balanced Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are selling faster, averaging 81 days on market compared to 88 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELLAIRE, MI 49615 save an estimated $5,394 compared to a typical 5% commission on the median listing price of $269,675. 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.