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ELMIRA, MI 49730

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ELMIRA, MI real estate market (49730) currently shows 14 active listings, with 9 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 106 days last year.

The median listing price has risen 33.3% year-over-year, from $239,950 to $319,900.

Whether you are buying or selling in ELMIRA, 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: 2,115  ·  Density: 8.5/mi²  ·  Median household income: $73,973

Typical home value: $155,868  ·  Homeownership: 91.5%

Market Overview

Active Listings
14
⇧ 55.6% vs 9 last year
Pending
9
64% pending ratio
Median Price
$319,900
⇧ 33.3% vs $239,950 last year
Average Price
$383,270
⇧ 29.8% vs $295,383 last year
Days on Market
41
⇩ 61.3% vs 106 days last year

Price Per Square Foot

Median $/sqft
$211
⇧ 33.5% vs $158/sqft last year
Median Home Size
1,216 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 9 last year
  • Days on market: 41 now vs 106 last year

Median & Average Pricing

Year over Year
  • Median: $319,900 (+33.3% YoY)
  • Average: $383,270 (+29.8% 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 29.1 miles — 282 listings ($215,495,371 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49730Elmira, MI 497300.0 mi12$4,831,656$393,725$402,638
49713Boyne Falls, MI 4971311.8 mi21$14,506,758$658,750$690,798
49727East Jordan, MI 4972712.8 mi26$24,356,150$421,175$936,775
49796Walloon Lake, MI 4979616.1 mi4$8,324,800$1,904,950$2,081,200
49615Bellaire, MI 4961516.9 mi72$29,116,944$269,000$404,402
49622Central Lake, MI 4962219.1 mi13$14,170,884$533,475$1,090,068
49799Wolverine, MI 4979920.9 mi5$3,128,750$625,750$625,750
49612Alden, MI 4961221.3 mi9$8,992,737$452,500$999,193
49648Kewadin, MI 4964823.2 mi21$30,511,572$534,975$1,452,932
49720Charlevoix, MI 4972023.7 mi60$45,410,160$548,675$756,836
49676Rapid City, MI 4967624.7 mi18$17,129,412$744,950$951,634
49706Alanson, MI 4970627.7 mi17$11,227,548$532,000$660,444
49705Afton, MI 4970529.1 mi4$3,788,000$415,000$947,000

Frequently Asked Questions

How many homes are for sale in ELMIRA, MI 49730?

As of March 2026, there are 14 active listings in ELMIRA, MI (zip code 49730), compared to 9 the prior year.

What is the median home price in ELMIRA, MI 49730?

The median listing price in ELMIRA, MI 49730 is $319,900 as of March 2026, a 33.3% increase from $239,950 the prior year.

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

Homes in ELMIRA, MI 49730 spend an average of 41 days on the market before going under contract, compared to 106 days the prior year.

Is it a seller's or buyer's market in ELMIRA, MI 49730?

Based on current inventory and days-on-market data as of March 2026, ELMIRA, MI 49730 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 106 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELMIRA, MI 49730 save an estimated $6,398 compared to a typical 5% commission on the median listing price of $319,900. 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.