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CHARLEVOIX, MI 49720

Real Estate Market Report  ·  Charlevoix County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
58
⇧ 38.1% vs 42 last year
Pending
2
3% pending ratio
Median Price
$549,900
⇩ 15.4% vs $649,900 last year
Average Price
$791,583
⇩ 47.2% vs $1,499,882 last year
Days on Market
101
⇩ 1% vs 102 days last year

Market Context

Population: 9,109  ·  Density: 36.8/mi²  ·  Median household income: $68,545

Typical home value: $241,632  ·  Homeownership: 76.9%

Market Analysis

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

The CHARLEVOIX, MI real estate market (49720) currently shows 58 active listings, with 2 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 101 days on market compared to 102 days last year.

The median listing price has fallen 15.4% year-over-year, from $649,900 to $549,900.

Whether you are buying or selling in CHARLEVOIX, 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: 58 this year vs 42 last year
  • Days on market: 101 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $549,900 (-15.4% YoY)
  • Average: $791,583 (-47.2% 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 32.0 miles — 219 listings ($203,069,299 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49720Charlevoix, MI 497200.0 mi58$45,911,814$549,900$791,583
49727East Jordan, MI 4972711.7 mi25$25,650,750$499,900$1,026,030
49627Eastport, MI 4962712.6 mi1$1,850,000$1,850,000$1,850,000
49796Walloon Lake, MI 4979614.2 mi3$7,804,899$3,150,000$2,601,633
49713Boyne Falls, MI 4971319.3 mi19$12,632,549$615,000$664,871
49648Kewadin, MI 4964820.8 mi26$35,026,940$437,450$1,347,190
49670Northport, MI 4967021.4 mi11$17,251,212$599,000$1,568,292
49706Alanson, MI 4970625.1 mi23$13,202,092$359,000$574,004
49769Pellston, MI 4976927.4 mi1$253,725$253,725$253,725
49612Alden, MI 4961228.6 mi10$9,277,500$613,250$927,750
49682Suttons Bay, MI 4968228.7 mi13$15,780,297$1,000,000$1,213,869
49782Beaver Island, MI 4978230.3 mi23$16,139,721$537,500$701,727
49799Wolverine, MI 4979932.0 mi6$2,287,800$297,000$381,300

Frequently Asked Questions

How many homes are for sale in CHARLEVOIX, MI 49720?

As of January 2026, there are 58 active listings in CHARLEVOIX, MI (zip code 49720), compared to 42 the prior year.

What is the median home price in CHARLEVOIX, MI 49720?

The median listing price in CHARLEVOIX, MI 49720 is $549,900 as of January 2026, a 15.4% decrease from $649,900 the prior year.

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

Homes in CHARLEVOIX, MI 49720 spend an average of 101 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in CHARLEVOIX, MI 49720?

Based on current inventory and days-on-market data as of January 2026, CHARLEVOIX, MI 49720 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 101 days on market compared to 102 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHARLEVOIX, MI 49720 save an estimated $10,998 compared to a typical 5% commission on the median listing price of $549,900. 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.