Active Listings
7
⇩ 22.2% vs 9 last year
Data as of September 2026. Source: Realtor.com.
The CHATHAM, MI real estate market (49816) currently shows 7 active listings, with 2 pending sales. Homes are averaging 59 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 59 days on market compared to 49 days last year.
The median listing price has fallen 13.1% year-over-year, from $373,725 to $324,900.
Population: 768 · Density: 5.2/mi² · Median household income: $67,303
Typical home value: $171,913 · Homeownership: 94.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49816 | Chatham, MI 49816 | 0.0 mi | 4 | $1,666,268 | $414,150 | $416,567 |
| 49825 | Eben Junction, MI 49825 | 7.2 mi | 3 | $1,475,001 | $425,000 | $491,667 |
| 49862 | Munising, MI 49862 | 11.4 mi | 19 | $8,417,589 | $280,500 | $443,031 |
| 49822 | Deerton, MI 49822 | 13.6 mi | 2 | $1,575,000 | $787,500 | $787,500 |
| 49872 | Perkins, MI 49872 | 19.8 mi | 2 | $334,900 | $167,450 | $167,450 |
| 49884 | Shingleton, MI 49884 | 27.7 mi | 4 | $1,997,800 | $499,450 | $499,450 |
| 49841 | Gwinn, MI 49841 | 28.7 mi | 16 | $4,575,936 | $209,000 | $285,996 |
| 49818 | Cornell, MI 49818 | 29.6 mi | 2 | $775,000 | $387,500 | $387,500 |
| 49864 | Nahma, MI 49864 | 32.1 mi | 2 | $389,000 | $194,500 | $194,500 |
| 49894 | Wells, MI 49894 | 35.1 mi | 3 | $409,050 | $153,050 | $136,350 |
| 49835 | Garden, MI 49835 | 39.9 mi | 4 | $3,398,000 | $849,500 | $849,500 |
| 49866 | Negaunee, MI 49866 | 41.0 mi | 16 | $5,526,176 | $409,900 | $345,386 |
| 49883 | Seney, MI 49883 | 42.6 mi | 1 | $174,000 | $174,000 | $174,000 |
As of September 2026, there are 7 active listings in CHATHAM, MI (zip code 49816), compared to 9 the prior year.
The median listing price in CHATHAM, MI 49816 is $324,900 as of September 2026, a 13.1% decrease from $373,725 the prior year.
Homes in CHATHAM, MI 49816 spend an average of 59 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CHATHAM, MI 49816 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 59 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in CHATHAM, MI 49816 save an estimated $6,498 compared to a typical 5% commission on the median listing price of $324,900. 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.