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FALMOUTH, MI 49632

Real Estate Market Report  ·  Missaukee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$177,900
⇩ 49.9% vs $355,000 last year
Average Price
$177,900
⇩ 49.9% vs $355,000 last year
Days on Market
156
⇧ 140% vs 65 days last year

Market Context

Population: 1,053  ·  Density: 4.8/mi²  ·  Median household income: $45,714

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

Market Analysis

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

The FALMOUTH, MI real estate market (49632) currently shows 2 active listings, with 1 pending sales. Homes are averaging 156 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 taking longer to sell, averaging 156 days on market compared to 65 days last year.

The median listing price has fallen 49.9% year-over-year, from $355,000 to $177,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 156 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $177,900 (-49.9% YoY)
  • Average: $177,900 (-49.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.5 miles — 188 listings ($68,671,841 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49632Falmouth, MI 496320.0 mi2$355,800$177,900$177,900
49657McBain, MI 4965710.2 mi3$659,700$219,900$219,900
48630Houghton Lake Heights, MI 4863011.5 mi3$810,900$270,300$270,300
49651Lake City, MI 4965112.7 mi26$9,273,290$279,900$356,665
48651Prudenville, MI 4865117.6 mi20$5,743,880$266,950$287,194
49633Fife Lake, MI 4963324.5 mi18$6,059,700$245,000$336,650
48653Roscommon, MI 4865325.0 mi49$14,681,478$239,000$299,622
48656Saint Helen, MI 4865626.5 mi23$4,678,545$157,900$203,415
49679Sears, MI 4967926.7 mi7$5,454,701$395,000$779,243
49655Leroy, MI 4965527.4 mi11$3,588,387$275,000$326,217
48622Farwell, MI 4862228.5 mi20$16,093,760$269,900$804,688
49680South Boardman, MI 4968031.0 mi0$0$474,900$474,900
49639Hersey, MI 4963934.5 mi6$1,271,700$205,000$211,950

Frequently Asked Questions

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

As of January 2026, there are 2 active listings in FALMOUTH, MI (zip code 49632), compared to 1 the prior year.

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

The median listing price in FALMOUTH, MI 49632 is $177,900 as of January 2026, a 49.9% decrease from $355,000 the prior year.

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

Homes in FALMOUTH, MI 49632 spend an average of 156 days on the market before going under contract, compared to 65 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 January 2026, FALMOUTH, MI 49632 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 156 days on market compared to 65 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 $3,558 compared to a typical 5% commission on the median listing price of $177,900. 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.