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AMASA, MI 49903

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

Market Analysis

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

The AMASA, MI real estate market (49903) currently shows 6 active listings, with 2 pending sales. Homes are averaging 178 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 178 days on market compared to 248 days last year.

The median listing price has fallen 47.4% year-over-year, from $292,000 to $153,675.

Whether you are buying or selling in AMASA, 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: 194  ·  Density: 0.5/mi²  ·  Median household income: $35,893

Typical home value: $54,615  ·  Homeownership: 88.2%

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
2
33% pending ratio
Median Price
$153,675
⇩ 47.4% vs $292,000 last year
Average Price
$199,393
⇩ 31.7% vs $292,000 last year
Days on Market
178
⇩ 28.2% vs 248 days last year

Price Per Square Foot

Median $/sqft
$351
⇩ 12.7% vs $402/sqft last year
Median Home Size
384 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 3 last year
  • Days on market: 178 now vs 248 last year

Median & Average Pricing

Year over Year
  • Median: $153,675 (-47.4% YoY)
  • Average: $199,393 (-31.7% 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
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 39.8 miles — 112 listings ($48,293,913 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49903Amasa, MI 499030.0 mi8$1,412,808$139,900$176,601
49935Iron River, MI 4993515.8 mi33$11,534,622$187,000$349,534
49879Republic, MI 4987919.1 mi8$2,465,488$269,900$308,186
49902Alpha, MI 4990220.4 mi4$703,668$149,900$175,917
49861Michigamme, MI 4986122.7 mi5$6,868,625$1,062,500$1,373,725
49815Channing, MI 4981527.2 mi6$1,281,498$174,925$213,583
49908Baraga, MI 4990829.2 mi3$351,375$111,225$117,125
54542Long Lake, WI 5454230.8 mi4$716,468$177,450$179,117
54554Phelps, WI 5455433.7 mi11$11,164,725$604,700$1,014,975
49849Ishpeming, MI 4984934.7 mi24$9,662,136$328,000$402,589
49912Bruce Crossing, MI 4991235.8 mi1$149,000$149,000$149,000
49962Skanee, MI 4996237.4 mi3$1,416,000$472,000$472,000
54120Fence, WI 5412039.8 mi2$567,500$283,750$283,750

Frequently Asked Questions

How many homes are for sale in AMASA, MI 49903?

As of March 2026, there are 6 active listings in AMASA, MI (zip code 49903), compared to 3 the prior year.

What is the median home price in AMASA, MI 49903?

The median listing price in AMASA, MI 49903 is $153,675 as of March 2026, a 47.4% decrease from $292,000 the prior year.

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

Homes in AMASA, MI 49903 spend an average of 178 days on the market before going under contract, compared to 248 days the prior year.

Is it a seller's or buyer's market in AMASA, MI 49903?

Based on current inventory and days-on-market data as of March 2026, AMASA, MI 49903 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 178 days on market compared to 248 days last year.

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

With SELL123.com's maximum 3% commission, sellers in AMASA, MI 49903 save an estimated $3,074 compared to a typical 5% commission on the median listing price of $153,675. 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.