Active Listings
8
⇩ 33.3% vs 12 last year
Population: 1,039 · Density: 1.6/mi² · Median household income: $55,694
Typical home value: $261,850 · Homeownership: 82.1%
Data as of January 2026. Source: Realtor.com.
The WATERSMEET, MI real estate market (49969) currently shows 8 active listings, with 3 pending sales. Homes are averaging 137 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 137 days on market compared to 164 days last year.
The median listing price has risen 517.9% year-over-year, from $631,175 to $3,900,000.
Whether you are buying or selling in WATERSMEET, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49969 | Watersmeet, MI 49969 | 0.0 mi | 8 | $29,632,000 | $3,900,000 | $3,704,000 |
| 54519 | Conover, WI 54519 | 13.6 mi | 2 | $1,468,000 | $734,000 | $734,000 |
| 54561 | Star Lake, WI 54561 | 17.0 mi | 1 | $325,000 | $325,000 | $325,000 |
| 49967 | Trout Creek, MI 49967 | 21.1 mi | 2 | $338,000 | $169,000 | $169,000 |
| 49925 | Ewen, MI 49925 | 22.4 mi | 2 | $208,000 | $104,000 | $104,000 |
| 54521 | Eagle River, WI 54521 | 22.9 mi | 51 | $37,251,828 | $395,000 | $730,428 |
| 54557 | Presque Isle, WI 54557 | 25.9 mi | 11 | $8,219,937 | $647,500 | $747,267 |
| 49910 | Bergland, MI 49910 | 30.1 mi | 2 | $688,900 | $344,450 | $344,450 |
| 54562 | Three Lakes, WI 54562 | 30.8 mi | 9 | $11,414,997 | $1,474,500 | $1,268,333 |
| 54545 | Manitowish Waters, WI 54545 | 31.5 mi | 4 | $6,866,400 | $349,900 | $1,716,600 |
| 49927 | Gaastra, MI 49927 | 33.8 mi | 2 | $0 | $0 | $0 |
| 49903 | Amasa, MI 49903 | 35.3 mi | 9 | $1,539,774 | $139,900 | $171,086 |
| 49948 | Mass City, MI 49948 | 36.0 mi | 2 | $450,000 | $225,000 | $225,000 |
As of January 2026, there are 8 active listings in WATERSMEET, MI (zip code 49969), compared to 12 the prior year.
The median listing price in WATERSMEET, MI 49969 is $3,900,000 as of January 2026, a 517.9% increase from $631,175 the prior year.
Homes in WATERSMEET, MI 49969 spend an average of 137 days on the market before going under contract, compared to 164 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WATERSMEET, MI 49969 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 137 days on market compared to 164 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERSMEET, MI 49969 save an estimated $78,000 compared to a typical 5% commission on the median listing price of $3,900,000. 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.