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CORNELL, MI 49818

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CORNELL, MI real estate market (49818) currently shows 2 active listings. Homes are averaging 161 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 161 days on market compared to 7 days last year.

The median listing price has risen 20.8% year-over-year, from $300,000 to $362,500.

Whether you are buying or selling in CORNELL, 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 Context

Market Context

Population: 1,225  ·  Density: 2.5/mi²  ·  Median household income: $56,750

Typical home value: $153,318  ·  Homeownership: 100.0%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$362,500
⇧ 20.8% vs $300,000 last year
Average Price
$362,500
⇧ 20.8% vs $300,000 last year
Days on Market
161
⇧ 2200% vs 7 days last year

Price Per Square Foot

Median $/sqft
$222
⇩ 32.3% vs $328/sqft last year
Median Home Size
1,720 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 161 now vs 7 last year

Median & Average Pricing

Year over Year
  • Median: $362,500 (+20.8% YoY)
  • Average: $362,500 (+20.8% 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 32.8 miles — 114 listings ($38,717,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49818Cornell, MI 498180.0 mi2$775,000$387,500$387,500
49873Perronville, MI 4987311.0 mi3$366,600$122,200$122,200
49837Gladstone, MI 4983714.2 mi23$7,427,459$254,250$322,933
49829Escanaba, MI 4982917.2 mi35$12,344,080$314,450$352,688
49894Wells, MI 4989419.0 mi3$409,050$153,050$136,350
49874Powers, MI 4987420.7 mi1$65,000$65,000$65,000
49841Gwinn, MI 4984121.3 mi16$4,575,936$209,000$285,996
49878Rapid River, MI 4987823.2 mi13$6,016,166$398,000$462,782
49892Vulcan, MI 4989225.0 mi5$2,729,750$575,950$545,950
49812Carney, MI 4981228.1 mi2$974,000$487,000$487,000
49825Eben Junction, MI 4982531.3 mi3$1,475,001$425,000$491,667
49815Channing, MI 4981532.5 mi6$1,281,498$174,925$213,583
49876Quinnesec, MI 4987632.8 mi2$278,000$139,000$139,000

Frequently Asked Questions

How many homes are for sale in CORNELL, MI 49818?

As of March 2026, there are 2 active listings in CORNELL, MI (zip code 49818), compared to 2 the prior year.

What is the median home price in CORNELL, MI 49818?

The median listing price in CORNELL, MI 49818 is $362,500 as of March 2026, a 20.8% increase from $300,000 the prior year.

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

Homes in CORNELL, MI 49818 spend an average of 161 days on the market before going under contract, compared to 7 days the prior year.

Is it a seller's or buyer's market in CORNELL, MI 49818?

Based on current inventory and days-on-market data as of March 2026, CORNELL, MI 49818 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 161 days on market compared to 7 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CORNELL, MI 49818 save an estimated $7,250 compared to a typical 5% commission on the median listing price of $362,500. 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.