Active Listings
5
⇩ 16.7% vs 6 last year
Data as of September 2026. Source: Realtor.com.
The CASPIAN, MI real estate market (49915) currently shows 5 active listings, with 2 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 85 days on market compared to 49 days last year.
The median listing price has risen 28.1% year-over-year, from $99,125 to $127,000.
Population: 576 · Density: 184.8/mi² · Median household income: $50,417
Typical home value: $49,405 · Homeownership: 79.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49915 | Caspian, MI 49915 | 0.0 mi | 3 | $337,350 | $112,450 | $112,450 |
| 49935 | Iron River, MI 49935 | 10.7 mi | 33 | $11,534,622 | $187,000 | $349,534 |
| 49902 | Alpha, MI 49902 | 12.0 mi | 4 | $703,668 | $149,900 | $175,917 |
| 49903 | Amasa, MI 49903 | 19.8 mi | 8 | $1,412,808 | $139,900 | $176,601 |
| 54554 | Phelps, WI 54554 | 20.8 mi | 11 | $11,164,725 | $604,700 | $1,014,975 |
| 54511 | Argonne, WI 54511 | 25.5 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54103 | Armstrong Creek, WI 54103 | 29.3 mi | 1 | $199,900 | $199,900 | $199,900 |
| 54519 | Conover, WI 54519 | 30.8 mi | 3 | $2,202,000 | $734,000 | $734,000 |
| 54521 | Eagle River, WI 54521 | 31.9 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 49802 | Kingsford, MI 49802 | 32.2 mi | 22 | $4,029,498 | $169,950 | $183,159 |
| 49815 | Channing, MI 49815 | 33.0 mi | 6 | $1,281,498 | $174,925 | $213,583 |
| 54125 | Goodman, WI 54125 | 34.9 mi | 1 | $165,000 | $165,000 | $165,000 |
| 49876 | Quinnesec, MI 49876 | 36.2 mi | 2 | $278,000 | $139,000 | $139,000 |
As of September 2026, there are 5 active listings in CASPIAN, MI (zip code 49915), compared to 6 the prior year.
The median listing price in CASPIAN, MI 49915 is $127,000 as of September 2026, a 28.1% increase from $99,125 the prior year.
Homes in CASPIAN, MI 49915 spend an average of 85 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CASPIAN, MI 49915 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 85 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in CASPIAN, MI 49915 save an estimated $2,540 compared to a typical 5% commission on the median listing price of $127,000. 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.