48721, MI Housing Market

The median sale price of a home in 48721 was $175K last month, up 29.6% since last year. The median sale price per square foot in 48721 is $134, up 100.0% since last year.

Trends
Demand
Schools
Climate

48721 Housing Market Trends

What is the housing market like in 48721 today?

$175K

Sale Price

+29.6%
since last year

$134

Sale $/Sq. Ft.

+100.0%
since last year

Under List Price

2.7%

Days on Market

243

Down Payment

—

Total Homes Sold

To compare other locations to the 48721 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.

View houses in 48721 that sold recently

Recently sold homes

SOLD MAY 9, 2025
$35,000 Last Sold Price
—beds
—baths
—sq ft
NHN N Ridge Rd, Black River, MI 48721
List Price
$38,000
Sale to List
8% under list
Days on Market
66 days
NHN N Ridge Rd, Black River, MI 48721
SOLD APR 17, 2025
$40,000
—beds
—baths
—sq ft
4301 N Lake Shore Dr, Black River, MI 48721
List Price
—
Sale to List
—
Days on Market
—
4301 N Lake Shore Dr, Black River, MI 48721
SOLD FEB 10, 2025
$175,000 Last Sold Price
3 beds
1.5 baths
1,300 sq ft
3507 N Debra Ln, Black River, MI 48721
List Price
$179,900
Sale to List
3% under list
Days on Market
76 days
3507 N Debra Ln, Black River, MI 48721
SOLD JAN 24, 2025
$148,000 Last Sold Price
3 beds
1 bath
2,509 sq ft
5244 N F 41, Black River, MI 48721
List Price
$159,000
Sale to List
7% under list
Days on Market
106 days
5244 N F 41, Black River, MI 48721

Schools in 48721

Learn about schools in the 48721 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 48721 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48721.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 48721

County Housing Markets

Alcona County Housing Market

Nearby Zip Code Housing Markets

City Housing Markets

County Listings

Alcona County Real Estate

Nearby Zip Code Listings

City Listings

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