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HARBOR SPRINGS, MI 49740

Real Estate Market Report  ·  Emmet County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The HARBOR SPRINGS, MI real estate market (49740) currently shows 115 active listings, with 4 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 49 days last year.

The median listing price has fallen 9.7% year-over-year, from $845,000 to $763,225.

Whether you are buying or selling in HARBOR SPRINGS, 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: 7,451  ·  Density: 23.0/mi²  ·  Median household income: $80,250

Typical home value: $297,753  ·  Homeownership: 89.2%

Market Overview

Active Listings
115
⇧ 23.7% vs 93 last year
Pending
4
3% pending ratio
Median Price
$763,225
⇩ 9.7% vs $845,000 last year
Average Price
$1,330,243
⇩ 4.8% vs $1,397,103 last year
Days on Market
45
⇩ 8.2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$335
⇩ 2% vs $342/sqft last year
Median Home Size
2,167 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 93 last year
  • Days on market: 45 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $763,225 (-9.7% YoY)
  • Average: $1,330,243 (-4.8% 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 33.3 miles — 227 listings ($223,190,473 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49740Harbor Springs, MI 497400.0 mi52$77,358,580$869,087$1,487,665
49716Brutus, MI 4971612.0 mi2$8,295,000$4,147,500$4,147,500
49755Levering, MI 4975512.3 mi2$929,084$383,725$464,542
49718Carp Lake, MI 4971816.0 mi0$0$380,000$380,000
49791Topinabee, MI 4979119.6 mi1$299,000$299,000$299,000
49720Charlevoix, MI 4972020.7 mi60$45,410,160$548,675$756,836
49749Indian River, MI 4974921.7 mi21$28,554,351$424,925$1,359,731
49721Cheboygan, MI 4972126.4 mi43$22,000,606$285,725$511,642
49727East Jordan, MI 4972727.4 mi26$24,356,150$421,175$936,775
49729Ellsworth, MI 4972928.6 mi5$2,096,900$457,250$419,380
49757Mackinac Island, MI 4975729.4 mi6$9,004,002$1,147,500$1,500,667
49781Saint Ignace, MI 4978131.6 mi8$3,036,640$375,000$379,580
49627Eastport, MI 4962733.3 mi1$1,850,000$1,850,000$1,850,000

Frequently Asked Questions

How many homes are for sale in HARBOR SPRINGS, MI 49740?

As of July 2026, there are 115 active listings in HARBOR SPRINGS, MI (zip code 49740), compared to 93 the prior year.

What is the median home price in HARBOR SPRINGS, MI 49740?

The median listing price in HARBOR SPRINGS, MI 49740 is $763,225 as of July 2026, a 9.7% decrease from $845,000 the prior year.

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

Homes in HARBOR SPRINGS, MI 49740 spend an average of 45 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in HARBOR SPRINGS, MI 49740?

Based on current inventory and days-on-market data as of July 2026, HARBOR SPRINGS, MI 49740 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HARBOR SPRINGS, MI 49740 save an estimated $15,265 compared to a typical 5% commission on the median listing price of $763,225. 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.