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MCMILLAN, MI 49853

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

Market Overview

Active Listings
8
⇧ 33.3% vs 6 last year
Pending
2
25% pending ratio
Median Price
$199,900
⇩ 36% vs $312,500 last year
Average Price
$217,433
⇩ 60.8% vs $553,992 last year
Days on Market
159
⇧ 22.3% vs 130 days last year

Market Context

Population: 1,100  ·  Density: 2.5/mi²  ·  Median household income: $60,404

Typical home value: $186,598  ·  Homeownership: 90.9%

Market Analysis

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

The MCMILLAN, MI real estate market (49853) currently shows 8 active listings, with 2 pending sales. Homes are averaging 159 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 159 days on market compared to 130 days last year.

The median listing price has fallen 36% year-over-year, from $312,500 to $199,900.

Whether you are buying or selling in MCMILLAN, 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: 8 this year vs 6 last year
  • Days on market: 159 now vs 130 last year

Median & Average Pricing

Year over Year
  • Median: $199,900 (-36% YoY)
  • Average: $217,433 (-60.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 55.3 miles — 101 listings ($41,080,085 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49853McMillan, MI 498530.0 mi8$1,739,464$199,900$217,433
49836Germfask, MI 4983613.2 mi1$189,900$189,900$189,900
49868Newberry, MI 4986814.6 mi16$4,090,240$185,000$255,640
49838Gould City, MI 4983820.5 mi7$1,458,331$205,000$208,333
49839Grand Marais, MI 4983924.1 mi15$8,684,880$399,000$578,992
49762Naubinway, MI 4976228.9 mi4$740,000$184,000$185,000
49768Paradise, MI 4976834.5 mi6$2,265,648$327,500$377,608
49793Trout Lake, MI 4979335.1 mi4$933,200$200,000$233,300
49895Wetmore, MI 4989546.1 mi9$3,149,001$325,000$349,889
49817Cooks, MI 4981746.2 mi2$499,800$249,900$249,900
49782Beaver Island, MI 4978249.6 mi23$16,139,721$537,500$701,727
49780Rudyard, MI 4978051.7 mi4$680,000$215,000$170,000
49806Au Train, MI 4980655.3 mi2$509,900$254,950$254,950

Frequently Asked Questions

How many homes are for sale in MCMILLAN, MI 49853?

As of January 2026, there are 8 active listings in MCMILLAN, MI (zip code 49853), compared to 6 the prior year.

What is the median home price in MCMILLAN, MI 49853?

The median listing price in MCMILLAN, MI 49853 is $199,900 as of January 2026, a 36% decrease from $312,500 the prior year.

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

Homes in MCMILLAN, MI 49853 spend an average of 159 days on the market before going under contract, compared to 130 days the prior year.

Is it a seller's or buyer's market in MCMILLAN, MI 49853?

Based on current inventory and days-on-market data as of January 2026, MCMILLAN, MI 49853 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 159 days on market compared to 130 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MCMILLAN, MI 49853 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,900. 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.