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FALMOUTH, MI 49632

Real Estate Market Report  ·  Missaukee County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The FALMOUTH, MI real estate market (49632) currently shows 3 active listings, with 1 pending sales. Homes are averaging 8 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 8 days on market compared to 14 days last year.

The median listing price has fallen 9.9% year-over-year, from $206,675 to $186,150.

Whether you are buying or selling in FALMOUTH, 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: 1,053  ·  Density: 4.8/mi²  ·  Median household income: $45,714

Typical home value: $122,949  ·  Homeownership: 85.7%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$186,150
⇩ 9.9% vs $206,675 last year
Average Price
$186,150
⇩ 9.9% vs $206,675 last year
Days on Market
8
⇩ 42.9% vs 14 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 14.5% vs $165/sqft last year
Median Home Size
984 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 8 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $186,150 (-9.9% YoY)
  • Average: $186,150 (-9.9% 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 33.9 miles — 202 listings ($75,906,065 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49632Falmouth, MI 496320.0 mi2$362,800$181,400$181,400
49657McBain, MI 4965710.2 mi3$800,550$266,850$266,850
48630Houghton Lake Heights, MI 4863011.5 mi3$810,900$270,300$270,300
49651Lake City, MI 4965112.7 mi25$8,913,300$257,400$356,532
48651Prudenville, MI 4865117.6 mi22$6,411,592$271,950$291,436
49633Fife Lake, MI 4963324.5 mi14$4,752,706$239,950$339,479
48653Roscommon, MI 4865325.0 mi45$11,609,280$225,000$257,984
48656Saint Helen, MI 4865626.5 mi23$5,664,095$167,975$246,265
49679Sears, MI 4967926.7 mi6$5,189,802$397,450$864,967
49655Leroy, MI 4965527.4 mi11$2,902,504$197,450$263,864
48622Farwell, MI 4862228.5 mi15$17,096,985$264,900$1,139,799
49680South Boardman, MI 4968031.0 mi2$754,800$377,400$377,400
49646Kalkaska, MI 4964633.9 mi31$10,636,751$300,500$343,121

Frequently Asked Questions

How many homes are for sale in FALMOUTH, MI 49632?

As of April 2026, there are 3 active listings in FALMOUTH, MI (zip code 49632), compared to 2 the prior year.

What is the median home price in FALMOUTH, MI 49632?

The median listing price in FALMOUTH, MI 49632 is $186,150 as of April 2026, a 9.9% decrease from $206,675 the prior year.

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

Homes in FALMOUTH, MI 49632 spend an average of 8 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in FALMOUTH, MI 49632?

Based on current inventory and days-on-market data as of April 2026, FALMOUTH, MI 49632 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 8 days on market compared to 14 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FALMOUTH, MI 49632 save an estimated $3,723 compared to a typical 5% commission on the median listing price of $186,150. 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.