Population: 4,524 · Density: 10.3/mi² · Median household income: $54,940
Typical home value: $141,105 · Homeownership: 75.1%
Data as of January 2026. Source: Realtor.com.
The MUNISING, MI real estate market (49862) currently shows 20 active listings, with 3 pending sales. Homes are averaging 136 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 136 days on market compared to 144 days last year.
The median listing price has risen 8.7% year-over-year, from $224,475 to $244,000.
Whether you are buying or selling in MUNISING, 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 $ |
|---|---|---|---|---|---|---|
| 49862 | Munising, MI 49862 | 0.0 mi | 20 | $8,446,120 | $244,000 | $422,306 |
| 49816 | Chatham, MI 49816 | 11.4 mi | 5 | $2,057,835 | $349,900 | $411,567 |
| 49895 | Wetmore, MI 49895 | 14.8 mi | 9 | $3,149,001 | $325,000 | $349,889 |
| 49884 | Shingleton, MI 49884 | 17.3 mi | 3 | $1,197,000 | $399,000 | $399,000 |
| 49885 | Skandia, MI 49885 | 22.9 mi | 1 | $114,750 | $114,750 | $114,750 |
| 49878 | Rapid River, MI 49878 | 30.0 mi | 17 | $7,615,439 | $401,500 | $447,967 |
| 49872 | Perkins, MI 49872 | 30.6 mi | 2 | $354,000 | $177,000 | $177,000 |
| 49839 | Grand Marais, MI 49839 | 32.3 mi | 15 | $8,684,880 | $399,000 | $578,992 |
| 49840 | Gulliver, MI 49840 | 35.6 mi | 2 | $662,600 | $379,000 | $331,300 |
| 49855 | Marquette, MI 49855 | 37.6 mi | 49 | $32,073,685 | $559,000 | $654,565 |
| 49871 | Palmer, MI 49871 | 39.1 mi | 3 | $817,350 | $272,450 | $272,450 |
| 49818 | Cornell, MI 49818 | 41.0 mi | 3 | $1,162,500 | $387,500 | $387,500 |
| 49835 | Garden, MI 49835 | 44.5 mi | 4 | $3,398,000 | $849,500 | $849,500 |
As of January 2026, there are 20 active listings in MUNISING, MI (zip code 49862), compared to 17 the prior year.
The median listing price in MUNISING, MI 49862 is $244,000 as of January 2026, a 8.7% increase from $224,475 the prior year.
Homes in MUNISING, MI 49862 spend an average of 136 days on the market before going under contract, compared to 144 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MUNISING, MI 49862 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 136 days on market compared to 144 days last year.
With SELL123.com's maximum 3% commission, sellers in MUNISING, MI 49862 save an estimated $4,880 compared to a typical 5% commission on the median listing price of $244,000. 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.