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TOIVOLA, MI 49965

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$289,000
⇩ 49.3% vs $570,000 last year
Average Price
$289,000
⇩ 49.3% vs $570,000 last year
Days on Market
106
⇩ 34.2% vs 161 days last year

Market Context

Population: 501  ·  Density: 1.0/mi²  ·  Median household income: $65,750

Typical home value: $209,043  ·  Homeownership: 96.4%

Market Analysis

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

The TOIVOLA, MI real estate market (49965) currently shows 1 active listings. Homes are averaging 106 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 106 days on market compared to 161 days last year.

The median listing price has fallen 49.3% year-over-year, from $570,000 to $289,000.

Whether you are buying or selling in TOIVOLA, 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
  • Days on market: 106 now vs 161 last year

Median & Average Pricing

Year over Year
  • Median: $289,000 (-49.3% YoY)
  • Average: $289,000 (-49.3% 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 40.0 miles — 76 listings ($20,293,796 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49965Toivola, MI 499650.0 mi1$289,000$289,000$289,000
49916Chassell, MI 4991612.6 mi6$2,811,360$549,000$468,560
49948Mass City, MI 4994815.5 mi2$450,000$225,000$225,000
49931Houghton, MI 4993117.6 mi13$3,742,804$279,000$287,908
49930Hancock, MI 4993020.9 mi11$3,070,254$230,000$279,114
49913Calumet, MI 4991327.7 mi22$5,061,628$209,500$230,074
49946Lanse, MI 4994629.3 mi9$1,975,050$199,900$219,450
49970Watton, MI 4997031.1 mi1$0$0$0
49901Ahmeek, MI 4990132.5 mi1$52,900$52,900$52,900
49962Skanee, MI 4996235.0 mi3$1,416,000$472,000$472,000
49805Allouez, MI 4980535.5 mi1$149,000$149,000$149,000
49925Ewen, MI 4992536.8 mi2$208,000$104,000$104,000
49971White Pine, MI 4997140.0 mi4$1,067,800$271,450$266,950

Frequently Asked Questions

How many homes are for sale in TOIVOLA, MI 49965?

As of January 2026, there are 1 active listings in TOIVOLA, MI (zip code 49965), compared to 1 the prior year.

What is the median home price in TOIVOLA, MI 49965?

The median listing price in TOIVOLA, MI 49965 is $289,000 as of January 2026, a 49.3% decrease from $570,000 the prior year.

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

Homes in TOIVOLA, MI 49965 spend an average of 106 days on the market before going under contract, compared to 161 days the prior year.

Is it a seller's or buyer's market in TOIVOLA, MI 49965?

Based on current inventory and days-on-market data as of January 2026, TOIVOLA, MI 49965 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 106 days on market compared to 161 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TOIVOLA, MI 49965 save an estimated $5,780 compared to a typical 5% commission on the median listing price of $289,000. 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.