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BELLAIRE, MI 49615

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The BELLAIRE, MI real estate market (49615) currently shows 98 active listings, with 28 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 45 days last year.

The median listing price has risen 12.4% year-over-year, from $299,000 to $336,225.

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
98
⇧ 32.4% vs 74 last year
Pending
28
29% pending ratio
Median Price
$336,225
⇧ 12.4% vs $299,000 last year
Average Price
$457,037
⇩ 12% vs $519,146 last year
Days on Market
48
⇧ 6.7% vs 45 days last year

Price Per Square Foot

Median $/sqft
$241
⇧ 8.6% vs $222/sqft last year
Median Home Size
1,402 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 74 last year
  • Days on market: 48 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $336,225 (+12.4% YoY)
  • Average: $457,037 (-12% 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 June 2026, there are 98 active listings in BELLAIRE, MI (zip code 49615), compared to 74 the prior year.

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

The median listing price in BELLAIRE, MI 49615 is $336,225 as of June 2026, a 12.4% increase 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 48 days on the market before going under contract, compared to 45 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 June 2026, BELLAIRE, MI 49615 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 45 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 $6,725 compared to a typical 5% commission on the median listing price of $336,225. 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.