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GAYLORD, MI 49735

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

Market Analysis

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

The GAYLORD, MI real estate market (49735) currently shows 71 active listings, with 20 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 97 days on market compared to 117 days last year.

The median listing price has fallen 16.7% year-over-year, from $412,250 to $343,300.

Whether you are buying or selling in GAYLORD, 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: 20,570  ·  Density: 31.9/mi²  ·  Median household income: $63,549

Typical home value: $182,648  ·  Homeownership: 73.9%

Market Overview

Active Listings
71
⇧ 22.4% vs 58 last year
Pending
20
28% pending ratio
Median Price
$343,300
⇩ 16.7% vs $412,250 last year
Average Price
$462,855
⇩ 15.6% vs $548,248 last year
Days on Market
97
⇩ 17.1% vs 117 days last year

Price Per Square Foot

Median $/sqft
$162
⇩ 0.6% vs $163/sqft last year
Median Home Size
1,779 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 58 last year
  • Days on market: 97 now vs 117 last year

Median & Average Pricing

Year over Year
  • Median: $343,300 (-16.7% YoY)
  • Average: $462,855 (-15.6% 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 32.2 miles — 466 listings ($453,536,698 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49735Gaylord, MI 497350.0 mi66$25,051,950$340,825$379,575
49795Vanderbilt, MI 4979512.2 mi8$6,576,480$532,425$822,060
49733Frederic, MI 4973313.6 mi12$4,660,536$381,369$388,378
49659Mancelona, MI 4965918.6 mi36$8,893,548$235,700$247,043
49738Grayling, MI 4973821.2 mi42$13,471,458$254,675$320,749
49756Lewiston, MI 4975623.2 mi30$10,332,870$194,925$344,429
49796Walloon Lake, MI 4979623.5 mi4$8,324,800$1,904,950$2,081,200
49615Bellaire, MI 4961526.2 mi72$29,116,944$269,000$404,402
49770Petoskey, MI 4977026.3 mi139$295,587,531$2,414,750$2,126,529
49612Alden, MI 4961228.7 mi9$8,992,737$452,500$999,193
49622Central Lake, MI 4962229.6 mi13$14,170,884$533,475$1,090,068
49706Alanson, MI 4970631.2 mi17$11,227,548$532,000$660,444
49676Rapid City, MI 4967632.2 mi18$17,129,412$744,950$951,634

Frequently Asked Questions

How many homes are for sale in GAYLORD, MI 49735?

As of March 2026, there are 71 active listings in GAYLORD, MI (zip code 49735), compared to 58 the prior year.

What is the median home price in GAYLORD, MI 49735?

The median listing price in GAYLORD, MI 49735 is $343,300 as of March 2026, a 16.7% decrease from $412,250 the prior year.

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

Homes in GAYLORD, MI 49735 spend an average of 97 days on the market before going under contract, compared to 117 days the prior year.

Is it a seller's or buyer's market in GAYLORD, MI 49735?

Based on current inventory and days-on-market data as of March 2026, GAYLORD, MI 49735 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 97 days on market compared to 117 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GAYLORD, MI 49735 save an estimated $6,866 compared to a typical 5% commission on the median listing price of $343,300. 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.