Active Listings
5
⇧ 400% vs 1 last year
Population: 768 · Density: 5.2/mi² · Median household income: $67,303
Typical home value: $171,913 · Homeownership: 94.8%
Data as of January 2026. Source: Realtor.com.
The CHATHAM, MI real estate market (49816) currently shows 5 active listings, with 2 pending sales. Homes are averaging 150 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 150 days on market compared to 244 days last year.
The median listing price has fallen 36.3% year-over-year, from $549,000 to $349,900.
Whether you are buying or selling in CHATHAM, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49816 | Chatham, MI 49816 | 0.0 mi | 5 | $2,057,835 | $349,900 | $411,567 |
| 49825 | Eben Junction, MI 49825 | 7.2 mi | 2 | $966,000 | $399,000 | $483,000 |
| 49862 | Munising, MI 49862 | 11.4 mi | 20 | $8,446,120 | $244,000 | $422,306 |
| 49822 | Deerton, MI 49822 | 13.6 mi | 1 | $787,500 | $787,500 | $787,500 |
| 49880 | Rock, MI 49880 | 19.1 mi | 3 | $1,027,350 | $342,450 | $342,450 |
| 49878 | Rapid River, MI 49878 | 21.9 mi | 17 | $7,615,439 | $401,500 | $447,967 |
| 49854 | Manistique, MI 49854 | 28.4 mi | 20 | $7,163,880 | $326,000 | $358,194 |
| 49837 | Gladstone, MI 49837 | 29.5 mi | 22 | $6,605,610 | $248,500 | $300,255 |
| 49817 | Cooks, MI 49817 | 29.7 mi | 2 | $499,800 | $249,900 | $249,900 |
| 49864 | Nahma, MI 49864 | 32.1 mi | 2 | $399,000 | $199,500 | $199,500 |
| 49894 | Wells, MI 49894 | 35.1 mi | 2 | $312,400 | $156,200 | $156,200 |
| 49835 | Garden, MI 49835 | 39.9 mi | 4 | $3,398,000 | $849,500 | $849,500 |
| 49866 | Negaunee, MI 49866 | 41.0 mi | 19 | $6,763,886 | $409,900 | $355,994 |
As of January 2026, there are 5 active listings in CHATHAM, MI (zip code 49816), compared to 1 the prior year.
The median listing price in CHATHAM, MI 49816 is $349,900 as of January 2026, a 36.3% decrease from $549,000 the prior year.
Homes in CHATHAM, MI 49816 spend an average of 150 days on the market before going under contract, compared to 244 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CHATHAM, MI 49816 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 150 days on market compared to 244 days last year.
With SELL123.com's maximum 3% commission, sellers in CHATHAM, MI 49816 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. 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.