48740, MI Housing Market

Homes for sale

The 48740 housing market is somewhat competitive.

Trends
Demand
Schools
Climate

48740 Housing Market Trends

What is the housing market like in 48740 today?

$275K

Sale Price

$175

Sale $/Sq. Ft.

Under List Price

3.6%

Days on Market

65.5

Down Payment

—

Total Homes Sold

To compare other locations to the 48740 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.

How hot is the 48740 housing market?

48740 is somewhat competitive. Homes sell in 65.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 66 days.
Hot homes
can sell for around list price and go pending in around 42 days.

Compare With Nearby Zip codes

49707

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 40 days.
Hot homes
can sell for about 1% above list price and go pending in around 11 days.

48738

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 25 days.

See more nearby cities and neighborhoods

View houses in 48740 that sold recently

Recently sold homes

SOLD FEB 21, 2025
$230,000 Last Sold Price
3 beds
2 baths
2,070 sq ft
815 N US 23, Harrisville, MI 48740
List Price
$249,900
Sale to List
8% under list
Days on Market
95 days
815 N US 23, Harrisville, MI 48740
SOLD FEB 13, 2025
$79,500 Last Sold Price
—beds
—baths
—sq ft
2700 E M-72, Harrisville, MI 48740
List Price
$84,500
Sale to List
6% under list
Days on Market
34 days
2700 E M-72, Harrisville, MI 48740
SOLD JAN 31, 2025
$100,000 Last Sold Price
—beds
—baths
—sq ft
00 Barlow Rd, Lincoln, MI 48742
List Price
$119,000
Sale to List
16% under list
Days on Market
136 days
00 Barlow Rd, Lincoln, MI 48742
SOLD JAN 17, 2025
$275,000 Last Sold Price
3 beds
2.5 baths
1,568 sq ft
925 N Us-23, Harrisville Twp, MI 48740
List Price
$275,000
Sale to List
0% over list
Days on Market
129 days
925 N Us-23, Harrisville Twp, MI 48740
SOLD DEC 30, 2024
$90,000 Last Sold Price
—beds
—baths
—sq ft
35 Acres E M-72, Lincoln, MI 48742
List Price
$94,900
Sale to List
5% under list
Days on Market
—
35 Acres E M-72, Lincoln, MI 48742
SOLD DEC 30, 2024
$75,000 Last Sold Price
—beds
—baths
—sq ft
N Everett Rd, Haynes Twp, MI 48740
List Price
$68,900
Sale to List
9% over list
Days on Market
33 days
N Everett Rd, Haynes Twp, MI 48740
SOLD DEC 18, 2024
$16,000 Last Sold Price
—beds
—baths
—sq ft
N Us-23, Harrisville, MI 48740
List Price
$16,000
Sale to List
0% over list
Days on Market
153 days
N Us-23, Harrisville, MI 48740
SOLD DEC 18, 2024
$16,000 Last Sold Price
—beds
—baths
—sq ft
S US-23 Us-23, Harrisville Twp, MI 48740
List Price
$16,000
Sale to List
0% over list
Days on Market
154 days
S US-23 Us-23, Harrisville Twp, MI 48740
See all recently sold homes in 48740.
See listings

Schools in 48740

Learn about schools in the 48740 area

Elementary
Middle
High

GreatSchools Rating

3/10

Alcona Elementary School

Public • K-5

270

Students

1 reviews

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 48740 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 48740.

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 48740

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Alcona County Housing Market

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48740, MI Housing Market

48740 Housing Market Trends

How hot is the 48740 housing market?

View houses in 48740 that sold recently

Recently sold homes

Schools in 48740

GreatSchools Rating

Climate's impact on 48740 housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Minimal

Heat Factor

More real estate resources for 48740

Nearby Zip Code Housing Markets

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County Housing Markets

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Rentals