Active Listings
6
⇩ 25% vs 8 last year
Data as of July 2026. Source: Realtor.com.
The WALLOON LAKE, MI real estate market (49796) currently shows 6 active listings. Homes are averaging 207 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 207 days on market compared to 61 days last year.
The median listing price has risen 112.8% year-over-year, from $837,750 to $1,782,500.
Whether you are buying or selling in WALLOON 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.
Population: 375 · Density: 91.5/mi² · Median household income: $89,219
Typical home value: $227,891 · Homeownership: 79.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49796 | Walloon Lake, MI 49796 | 0.0 mi | 4 | $8,324,800 | $1,904,950 | $2,081,200 |
| 49770 | Petoskey, MI 49770 | 5.6 mi | 139 | $295,587,531 | $2,414,750 | $2,126,529 |
| 49727 | East Jordan, MI 49727 | 12.4 mi | 26 | $24,356,150 | $421,175 | $936,775 |
| 49720 | Charlevoix, MI 49720 | 14.2 mi | 60 | $45,410,160 | $548,675 | $756,836 |
| 49740 | Harbor Springs, MI 49740 | 17.4 mi | 52 | $77,358,580 | $869,087 | $1,487,665 |
| 49729 | Ellsworth, MI 49729 | 18.1 mi | 5 | $2,096,900 | $457,250 | $419,380 |
| 49795 | Vanderbilt, MI 49795 | 19.8 mi | 8 | $6,576,480 | $532,425 | $822,060 |
| 49622 | Central Lake, MI 49622 | 20.6 mi | 13 | $14,170,884 | $533,475 | $1,090,068 |
| 49791 | Topinabee, MI 49791 | 22.1 mi | 1 | $299,000 | $299,000 | $299,000 |
| 49735 | Gaylord, MI 49735 | 23.5 mi | 66 | $25,051,950 | $340,825 | $379,575 |
| 49615 | Bellaire, MI 49615 | 24.4 mi | 72 | $29,116,944 | $269,000 | $404,402 |
| 49755 | Levering, MI 49755 | 26.1 mi | 2 | $929,084 | $383,725 | $464,542 |
| 49718 | Carp Lake, MI 49718 | 31.1 mi | 0 | $0 | $380,000 | $380,000 |
As of July 2026, there are 6 active listings in WALLOON LAKE, MI (zip code 49796), compared to 8 the prior year.
The median listing price in WALLOON LAKE, MI 49796 is $1,782,500 as of July 2026, a 112.8% increase from $837,750 the prior year.
Homes in WALLOON LAKE, MI 49796 spend an average of 207 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of July 2026, WALLOON LAKE, MI 49796 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 207 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in WALLOON LAKE, MI 49796 save an estimated $35,650 compared to a typical 5% commission on the median listing price of $1,782,500. 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.