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ALANSON, MI 49706

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

Market Overview

Active Listings
23
⇧ 35.3% vs 17 last year
Pending
2
9% pending ratio
Median Price
$359,000
⇩ 47.9% vs $688,500 last year
Average Price
$574,004
⇩ 28.7% vs $805,461 last year
Days on Market
92
⇧ 5.7% vs 87 days last year

Market Context

Population: 4,857  ·  Density: 32.0/mi²  ·  Median household income: $59,081

Typical home value: $191,479  ·  Homeownership: 78.9%

Market Analysis

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

The ALANSON, MI real estate market (49706) currently shows 23 active listings, with 2 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 92 days on market compared to 87 days last year.

The median listing price has fallen 47.9% year-over-year, from $688,500 to $359,000.

Whether you are buying or selling in ALANSON, 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: 23 this year vs 17 last year
  • Days on market: 92 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $359,000 (-47.9% YoY)
  • Average: $574,004 (-28.7% 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 33.0 miles — 374 listings ($435,726,943 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49706Alanson, MI 497060.0 mi23$13,202,092$359,000$574,004
49770Petoskey, MI 497708.6 mi139$294,219,215$2,399,000$2,116,685
49749Indian River, MI 497499.9 mi22$24,786,014$520,450$1,126,637
49755Levering, MI 4975513.7 mi1$850,000$850,000$850,000
49799Wolverine, MI 4979915.5 mi6$2,287,800$297,000$381,300
49705Afton, MI 4970516.9 mi5$4,405,000$450,000$881,000
49718Carp Lake, MI 4971818.9 mi1$380,000$380,000$380,000
49701Mackinaw City, MI 4970121.5 mi8$4,875,432$380,000$609,429
49720Charlevoix, MI 4972025.2 mi58$45,911,814$549,900$791,583
49765Onaway, MI 4976526.7 mi11$5,322,790$261,500$483,890
49730Elmira, MI 4973027.7 mi8$2,676,200$294,900$334,525
49735Gaylord, MI 4973531.2 mi78$31,837,884$346,950$408,178
49759Millersburg, MI 4975933.0 mi14$4,972,702$329,000$355,193

Frequently Asked Questions

How many homes are for sale in ALANSON, MI 49706?

As of January 2026, there are 23 active listings in ALANSON, MI (zip code 49706), compared to 17 the prior year.

What is the median home price in ALANSON, MI 49706?

The median listing price in ALANSON, MI 49706 is $359,000 as of January 2026, a 47.9% decrease from $688,500 the prior year.

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

Homes in ALANSON, MI 49706 spend an average of 92 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in ALANSON, MI 49706?

Based on current inventory and days-on-market data as of January 2026, ALANSON, MI 49706 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 87 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALANSON, MI 49706 save an estimated $7,180 compared to a typical 5% commission on the median listing price of $359,000. 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.