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PERRONVILLE, MI 49873

Real Estate Market Report  ·  Menominee County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The PERRONVILLE, MI real estate market (49873) currently shows 2 active listings, with 1 pending sales. Homes are averaging 12 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 12 days on market compared to 149 days last year.

The median listing price has fallen 38.1% year-over-year, from $314,950 to $195,000.

Whether you are buying or selling in PERRONVILLE, 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: 99  ·  Density: 0.2/mi²  ·  Median household income: $55,625

Typical home value: $171,050  ·  Homeownership: 100.0%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$195,000
⇩ 38.1% vs $314,950 last year
Average Price
$195,000
⇩ 38.1% vs $314,950 last year
Days on Market
12
⇩ 91.9% vs 149 days last year

Price Per Square Foot

Median $/sqft
$300
⇧ 13.6% vs $264/sqft last year
Median Home Size
650 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 12 now vs 149 last year

Median & Average Pricing

Year over Year
  • Median: $195,000 (-38.1% YoY)
  • Average: $195,000 (-38.1% 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 30.8 miles — 115 listings ($37,759,964 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49873Perronville, MI 498730.0 mi3$366,600$122,200$122,200
49818Cornell, MI 4981811.0 mi2$775,000$387,500$387,500
49886Spalding, MI 4988612.4 mi3$986,376$287,475$328,792
49892Vulcan, MI 4989214.1 mi5$2,729,750$575,950$545,950
49831Felch, MI 4983116.3 mi2$340,000$170,000$170,000
49829Escanaba, MI 4982918.6 mi35$12,344,080$314,450$352,688
49837Gladstone, MI 4983720.2 mi23$7,427,459$254,250$322,933
49894Wells, MI 4989422.2 mi3$409,050$153,050$136,350
49872Perkins, MI 4987223.1 mi2$334,900$167,450$167,450
49821Daggett, MI 4982125.1 mi6$2,143,050$374,450$357,175
49841Gwinn, MI 4984127.3 mi16$4,575,936$209,000$285,996
54156Pembine, WI 5415627.9 mi7$3,101,931$365,000$443,133
49887Stephenson, MI 4988730.8 mi8$2,225,832$224,675$278,229

Frequently Asked Questions

How many homes are for sale in PERRONVILLE, MI 49873?

As of July 2026, there are 2 active listings in PERRONVILLE, MI (zip code 49873), compared to 2 the prior year.

What is the median home price in PERRONVILLE, MI 49873?

The median listing price in PERRONVILLE, MI 49873 is $195,000 as of July 2026, a 38.1% decrease from $314,950 the prior year.

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

Homes in PERRONVILLE, MI 49873 spend an average of 12 days on the market before going under contract, compared to 149 days the prior year.

Is it a seller's or buyer's market in PERRONVILLE, MI 49873?

Based on current inventory and days-on-market data as of July 2026, PERRONVILLE, MI 49873 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 12 days on market compared to 149 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PERRONVILLE, MI 49873 save an estimated $3,900 compared to a typical 5% commission on the median listing price of $195,000. 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.