Data as of September 2026. Source: Realtor.com.
The WATERSMEET, MI real estate market (49969) currently shows 21 active listings, with 4 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 76 days on market compared to 119 days last year.
The median listing price has risen 1.4% year-over-year, from $935,500 to $949,000.
Population: 1,039 · Density: 1.6/mi² · Median household income: $55,694
Typical home value: $261,850 · Homeownership: 82.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49969 | Watersmeet, MI 49969 | 0.0 mi | 7 | $30,728,600 | $3,900,000 | $4,389,800 |
| 54519 | Conover, WI 54519 | 13.6 mi | 3 | $2,202,000 | $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 | $158,000 | $79,000 | $79,000 |
| 54521 | Eagle River, WI 54521 | 22.9 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 54557 | Presque Isle, WI 54557 | 25.9 mi | 10 | $6,411,770 | $630,375 | $641,177 |
| 49910 | Bergland, MI 49910 | 30.1 mi | 2 | $688,900 | $344,450 | $344,450 |
| 54562 | Three Lakes, WI 54562 | 30.8 mi | 6 | $7,746,300 | $1,675,000 | $1,291,050 |
| 54545 | Manitowish Waters, WI 54545 | 31.5 mi | 3 | $5,149,800 | $349,900 | $1,716,600 |
| 49927 | Gaastra, MI 49927 | 33.8 mi | 1 | $69,900 | $69,900 | $69,900 |
| 49903 | Amasa, MI 49903 | 35.3 mi | 8 | $1,412,808 | $139,900 | $176,601 |
| 49968 | Wakefield, MI 49968 | 36.4 mi | 10 | $1,907,910 | $184,500 | $190,791 |
As of September 2026, there are 21 active listings in WATERSMEET, MI (zip code 49969), compared to 16 the prior year.
The median listing price in WATERSMEET, MI 49969 is $949,000 as of September 2026, a 1.4% increase from $935,500 the prior year.
Homes in WATERSMEET, MI 49969 spend an average of 76 days on the market before going under contract, compared to 119 days the prior year.
Based on current inventory and days-on-market data as of September 2026, WATERSMEET, MI 49969 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 76 days on market compared to 119 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERSMEET, MI 49969 save an estimated $18,980 compared to a typical 5% commission on the median listing price of $949,000. 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.