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PELLSTON, MI 49769

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

Market Analysis

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

The PELLSTON, MI real estate market (49769) currently shows 6 active listings, with 1 pending sales. Homes are averaging 40 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 40 days on market compared to 163 days last year.

The median listing price has risen 35.4% year-over-year, from $239,950 to $325,000.

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Market Context

Market Context

Population: 1,710  ·  Density: 11.6/mi²  ·  Median household income: $59,688

Typical home value: $129,127  ·  Homeownership: 79.4%

Market Overview

Active Listings
6
⇧ 500% vs 1 last year
Pending
1
17% pending ratio
Median Price
$325,000
⇧ 35.4% vs $239,950 last year
Average Price
$519,000
⇧ 116.3% vs $239,950 last year
Days on Market
40
⇩ 75.5% vs 163 days last year

Price Per Square Foot

Median $/sqft
$192
⇧ 5.5% vs $182/sqft last year
Median Home Size
1,700 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 1 last year
  • Days on market: 40 now vs 163 last year

Median & Average Pricing

Year over Year
  • Median: $325,000 (+35.4% YoY)
  • Average: $519,000 (+116.3% 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 34.1 miles — 282 listings ($395,520,383 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49769Pellston, MI 497690.0 mi1$847,250$847,250$847,250
49716Brutus, MI 497166.5 mi2$8,295,000$4,147,500$4,147,500
49706Alanson, MI 497069.5 mi17$11,227,548$532,000$660,444
49791Topinabee, MI 4979113.8 mi1$299,000$299,000$299,000
49770Petoskey, MI 4977015.6 mi139$295,587,531$2,414,750$2,126,529
49721Cheboygan, MI 4972119.3 mi43$22,000,606$285,725$511,642
49757Mackinac Island, MI 4975723.0 mi6$9,004,002$1,147,500$1,500,667
49713Boyne Falls, MI 4971324.3 mi21$14,506,758$658,750$690,798
49799Wolverine, MI 4979924.8 mi5$3,128,750$625,750$625,750
49781Saint Ignace, MI 4978126.9 mi8$3,036,640$375,000$379,580
49795Vanderbilt, MI 4979531.4 mi8$6,576,480$532,425$822,060
49765Onaway, MI 4976533.5 mi9$5,545,368$322,000$616,152
49782Beaver Island, MI 4978234.1 mi22$15,465,450$537,500$702,975

Frequently Asked Questions

How many homes are for sale in PELLSTON, MI 49769?

As of September 2026, there are 6 active listings in PELLSTON, MI (zip code 49769), compared to 1 the prior year.

What is the median home price in PELLSTON, MI 49769?

The median listing price in PELLSTON, MI 49769 is $325,000 as of September 2026, a 35.4% increase from $239,950 the prior year.

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

Homes in PELLSTON, MI 49769 spend an average of 40 days on the market before going under contract, compared to 163 days the prior year.

Is it a seller's or buyer's market in PELLSTON, MI 49769?

Based on current inventory and days-on-market data as of September 2026, PELLSTON, MI 49769 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 40 days on market compared to 163 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PELLSTON, MI 49769 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.