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HUBBARD LAKE, MI 49747

Real Estate Market Report  ·  Alcona County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The HUBBARD LAKE, MI real estate market (49747) currently shows 15 active listings, with 3 pending sales. Homes are averaging 56 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 56 days on market compared to 61 days last year.

The median listing price has risen 51.5% year-over-year, from $365,625 to $554,000.

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Market Context

Market Context

Population: 2,068  ·  Density: 7.8/mi²  ·  Median household income: $62,188

Typical home value: $161,178  ·  Homeownership: 94.4%

Market Overview

Active Listings
15
⇧ 50% vs 10 last year
Pending
3
20% pending ratio
Median Price
$554,000
⇧ 51.5% vs $365,625 last year
Average Price
$522,373
⇧ 42.4% vs $366,853 last year
Days on Market
56
⇩ 8.2% vs 61 days last year

Price Per Square Foot

Median $/sqft
$272
⇧ 126.7% vs $120/sqft last year
Median Home Size
1,680 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 10 last year
  • Days on market: 56 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $554,000 (+51.5% YoY)
  • Average: $522,373 (+42.4% 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 31.4 miles — 189 listings ($79,076,022 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49747Hubbard Lake, MI 497470.0 mi4$1,560,000$395,000$390,000
49766Ossineke, MI 4976610.2 mi2$319,800$159,900$159,900
48705Barton City, MI 4870511.4 mi4$1,244,900$301,950$311,225
49753Lachine, MI 4975313.0 mi2$747,400$373,700$373,700
49707Alpena, MI 4970718.2 mi53$36,362,452$239,900$686,084
48740Harrisville, MI 4874018.6 mi11$3,748,547$243,500$340,777
49746Hillman, MI 4974621.0 mi17$3,689,544$196,225$217,032
48737Glennie, MI 4873721.3 mi9$2,229,075$242,450$247,675
48738Greenbush, MI 4873825.7 mi5$1,579,200$339,900$315,840
49776Posen, MI 4977627.4 mi8$3,243,360$447,425$405,420
48750Oscoda, MI 4875029.7 mi61$15,350,772$142,900$251,652
49777Presque Isle, MI 4977730.7 mi12$8,853,072$598,725$737,756
49743Hawks, MI 4974331.4 mi1$147,900$147,900$147,900

Frequently Asked Questions

How many homes are for sale in HUBBARD LAKE, MI 49747?

As of September 2026, there are 15 active listings in HUBBARD LAKE, MI (zip code 49747), compared to 10 the prior year.

What is the median home price in HUBBARD LAKE, MI 49747?

The median listing price in HUBBARD LAKE, MI 49747 is $554,000 as of September 2026, a 51.5% increase from $365,625 the prior year.

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

Homes in HUBBARD LAKE, MI 49747 spend an average of 56 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in HUBBARD LAKE, MI 49747?

Based on current inventory and days-on-market data as of September 2026, HUBBARD LAKE, MI 49747 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 56 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HUBBARD LAKE, MI 49747 save an estimated $11,080 compared to a typical 5% commission on the median listing price of $554,000. 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.