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SPALDING, MI 49886

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

Market Analysis

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

The SPALDING, MI real estate market (49886) currently shows 3 active listings, with 1 pending sales. Homes are averaging 169 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 169 days on market compared to 183 days last year.

The median listing price has risen 140.5% year-over-year, from $155,900 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 Context

Market Context

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

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

Market Overview

Active Listings
3
vs 3 last year
Pending
1
33% pending ratio
Median Price
$374,950
⇧ 140.5% vs $155,900 last year
Average Price
$374,950
⇧ 177.5% vs $135,100 last year
Days on Market
169
⇩ 7.7% vs 183 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 15.7% vs $121/sqft last year
Median Home Size
2,650 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 169 now vs 183 last year

Median & Average Pricing

Year over Year
  • Median: $374,950 (+140.5% YoY)
  • Average: $374,950 (+177.5% 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 30.1 miles — 123 listings ($36,273,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49886Spalding, MI 498860.0 mi3$986,376$287,475$328,792
49847Hermansville, MI 498476.7 mi1$62,500$62,500$62,500
49807Bark River, MI 4980710.0 mi4$1,371,352$354,500$342,838
49821Daggett, MI 4982113.8 mi6$2,143,050$374,450$357,175
49829Escanaba, MI 4982916.6 mi35$12,344,080$314,450$352,688
49818Cornell, MI 4981820.9 mi2$775,000$387,500$387,500
49834Foster City, MI 4983421.2 mi3$1,248,801$329,900$416,267
54156Pembine, WI 5415622.5 mi7$3,101,931$365,000$443,133
54151Niagara, WI 5415124.4 mi11$1,780,900$139,950$161,900
49831Felch, MI 4983127.5 mi2$340,000$170,000$170,000
54102Amberg, WI 5410228.2 mi6$857,520$128,700$142,920
49801Iron Mountain, MI 4980129.5 mi29$7,831,856$176,850$270,064
54177Wausaukee, WI 5417730.1 mi14$3,429,776$239,975$244,984

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in SPALDING, MI (zip code 49886), compared to 3 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 March 2026, a 140.5% increase from $155,900 the prior year.

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

Homes in SPALDING, MI 49886 spend an average of 169 days on the market before going under contract, compared to 183 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 March 2026, SPALDING, MI 49886 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 169 days on market compared to 183 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.