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CARP LAKE, MI 49718

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

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$380,000
⇩ 30.1% vs $543,750 last year
Average Price
$380,000
⇩ 30.1% vs $543,750 last year
Days on Market
53
⇩ 50.9% vs 108 days last year

Market Context

Population: 703  ·  Density: 6.1/mi²  ·  Median household income: $43,125

Typical home value: $157,273  ·  Homeownership: 75.8%

Market Analysis

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

The CARP LAKE, MI real estate market (49718) currently shows 1 active listings. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 53 days on market compared to 108 days last year.

The median listing price has fallen 30.1% year-over-year, from $543,750 to $380,000.

Whether you are buying or selling in CARP LAKE, 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: 1 this year vs 2 last year
  • Days on market: 53 now vs 108 last year

Median & Average Pricing

Year over Year
  • Median: $380,000 (-30.1% YoY)
  • Average: $380,000 (-30.1% 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 36.1 miles — 173 listings ($154,297,892 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49718Carp Lake, MI 497180.0 mi1$380,000$380,000$380,000
49755Levering, MI 497555.2 mi1$850,000$850,000$850,000
49757Mackinac Island, MI 4975713.5 mi5$5,604,000$995,000$1,120,800
49740Harbor Springs, MI 4974016.0 mi57$82,833,483$754,400$1,453,219
49775Pointe Aux Pins, MI 4977517.3 mi6$2,001,798$234,450$333,633
49721Cheboygan, MI 4972119.8 mi49$26,776,491$279,900$546,459
49760Moran, MI 4976024.0 mi2$1,136,500$568,250$568,250
49745Hessel, MI 4974527.2 mi12$6,870,000$387,500$572,500
49796Walloon Lake, MI 4979631.1 mi3$7,804,899$3,150,000$2,601,633
49799Wolverine, MI 4979933.0 mi6$2,287,800$297,000$381,300
49780Rudyard, MI 4978034.7 mi4$680,000$215,000$170,000
49782Beaver Island, MI 4978235.9 mi23$16,139,721$537,500$701,727
49793Trout Lake, MI 4979336.1 mi4$933,200$200,000$233,300

Frequently Asked Questions

How many homes are for sale in CARP LAKE, MI 49718?

As of January 2026, there are 1 active listings in CARP LAKE, MI (zip code 49718), compared to 2 the prior year.

What is the median home price in CARP LAKE, MI 49718?

The median listing price in CARP LAKE, MI 49718 is $380,000 as of January 2026, a 30.1% decrease from $543,750 the prior year.

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

Homes in CARP LAKE, MI 49718 spend an average of 53 days on the market before going under contract, compared to 108 days the prior year.

Is it a seller's or buyer's market in CARP LAKE, MI 49718?

Based on current inventory and days-on-market data as of January 2026, CARP LAKE, MI 49718 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 108 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CARP LAKE, MI 49718 save an estimated $7,600 compared to a typical 5% commission on the median listing price of $380,000. 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.