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TROUT LAKE, MI 49793

Real Estate Market Report  ·  Chippewa County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$200,000
⇧ 11.5% vs $179,450 last year
Average Price
$233,300
⇧ 30% vs $179,450 last year
Days on Market
164
⇧ 59.2% vs 103 days last year

Market Context

Population: 126  ·  Density: 0.6/mi²  ·  Median household income: $43,750

Typical home value: $143,879  ·  Homeownership: 100.0%

Market Analysis

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

The TROUT LAKE, MI real estate market (49793) currently shows 4 active listings, with 1 pending sales. Homes are averaging 164 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 164 days on market compared to 103 days last year.

The median listing price has risen 11.5% year-over-year, from $179,450 to $200,000.

Whether you are buying or selling in TROUT LAKE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 164 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $200,000 (+11.5% YoY)
  • Average: $233,300 (+30% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 40.3 miles — 65 listings ($19,186,371 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49793Trout Lake, MI 497930.0 mi4$933,200$200,000$233,300
49728Eckerman, MI 4972811.2 mi2$601,876$300,938$300,938
49760Moran, MI 4976013.1 mi2$1,136,500$568,250$568,250
49715Brimley, MI 4971520.8 mi4$742,900$159,000$185,725
49827Engadine, MI 4982723.7 mi3$1,027,350$342,450$342,450
49788Kincheloe, MI 4978827.8 mi10$1,801,710$174,500$180,171
49868Newberry, MI 4986829.3 mi16$4,090,240$185,000$255,640
49820Curtis, MI 4982030.4 mi2$1,579,900$789,950$789,950
49724Dafter, MI 4972432.3 mi1$260,000$260,000$260,000
49853McMillan, MI 4985335.0 mi8$1,739,464$199,900$217,433
49838Gould City, MI 4983835.4 mi7$1,458,331$205,000$208,333
49719Cedarville, MI 4971938.7 mi5$3,625,000$850,000$725,000
49836Germfask, MI 4983640.3 mi1$189,900$189,900$189,900

Frequently Asked Questions

How many homes are for sale in TROUT LAKE, MI 49793?

As of January 2026, there are 4 active listings in TROUT LAKE, MI (zip code 49793), compared to 3 the prior year.

What is the median home price in TROUT LAKE, MI 49793?

The median listing price in TROUT LAKE, MI 49793 is $200,000 as of January 2026, a 11.5% increase from $179,450 the prior year.

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

Homes in TROUT LAKE, MI 49793 spend an average of 164 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in TROUT LAKE, MI 49793?

Based on current inventory and days-on-market data as of January 2026, TROUT LAKE, MI 49793 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 164 days on market compared to 103 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TROUT LAKE, MI 49793 save an estimated $4,000 compared to a typical 5% commission on the median listing price of $200,000. 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.