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SPALDING, MI 49886

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

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$374,950
⇧ 130.2% vs $162,900 last year
Average Price
$374,950
⇧ 156.7% vs $146,050 last year
Days on Market
116
⇧ 23.4% vs 94 days last year

Market Context

Population: 543  ·  Density: 52.8/mi²  ·  Median household income: $82,159

Typical home value: $145,746  ·  Homeownership: 91.6%

Market Analysis

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

The SPALDING, MI real estate market (49886) currently shows 2 active listings. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 94 days last year.

The median listing price has risen 130.2% year-over-year, from $162,900 to $374,950.

Whether you are buying or selling in SPALDING, 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: 2 this year vs 4 last year
  • Days on market: 116 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $374,950 (+130.2% YoY)
  • Average: $374,950 (+156.7% 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 29.7 miles — 120 listings ($33,677,736 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49886Spalding, MI 498860.0 mi2$749,900$374,950$374,950
49847Hermansville, MI 498476.7 mi2$182,400$91,200$91,200
49807Bark River, MI 4980710.0 mi4$1,178,668$350,000$294,667
49821Daggett, MI 4982113.8 mi7$2,796,150$374,450$399,450
49829Escanaba, MI 4982916.6 mi42$14,271,474$319,900$339,797
49887Stephenson, MI 4988718.8 mi6$1,490,160$169,900$248,360
49894Wells, MI 4989421.0 mi2$312,400$156,200$156,200
49837Gladstone, MI 4983722.5 mi22$6,605,610$248,500$300,255
49870Norway, MI 4987023.0 mi8$1,484,000$174,900$185,500
49876Quinnesec, MI 4987624.4 mi2$298,000$149,000$149,000
49893Wallace, MI 4989328.1 mi2$444,800$224,900$222,400
49802Kingsford, MI 4980229.0 mi19$3,510,174$165,000$184,746
49872Perkins, MI 4987229.7 mi2$354,000$177,000$177,000

Frequently Asked Questions

How many homes are for sale in SPALDING, MI 49886?

As of January 2026, there are 2 active listings in SPALDING, MI (zip code 49886), compared to 4 the prior year.

What is the median home price in SPALDING, MI 49886?

The median listing price in SPALDING, MI 49886 is $374,950 as of January 2026, a 130.2% increase from $162,900 the prior year.

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

Homes in SPALDING, MI 49886 spend an average of 116 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in SPALDING, MI 49886?

Based on current inventory and days-on-market data as of January 2026, SPALDING, MI 49886 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 94 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPALDING, MI 49886 save an estimated $7,499 compared to a typical 5% commission on the median listing price of $374,950. 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.