49862, MI Housing Market

Homes for sale

The 49862 housing market is not very competitive. The median sale price of a home in 49862 was $385K last month, up 185.2% since last year. The median sale price per square foot in 49862 is $176, up 97.8% since last year.

Trends
Demand
Schools
Climate

49862 Housing Market Trends

What is the housing market like in 49862 today?

$385K

Sale Price

+185.2%
since last year

$176

Sale $/Sq. Ft.

+97.8%
since last year

Under List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 49862 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 49862 housing market?

49862 is not very competitive. Homes sell in 70 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 70 days.
Hot homes
can sell for about 3% below list price and go pending in around 50 days.

Compare With Nearby Zip codes

49854

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 43 days.
Hot homes
can sell for about 4% above list price and go pending in around 18 days.

See more nearby cities and neighborhoods

View houses in 49862 that sold recently

Recently sold homes

SOLD JUN 30, 2025
$200,000 Last Sold Price
—beds
—baths
—sq ft
Parcel 2 Deer Lake Rd, Au Train, MI 49806
(906) 387-4530
List Price
$225,000
Sale to List
11% under list
Days on Market
226 days
Parcel 2 Deer Lake Rd, Au Train, MI 49806
SOLD JUN 30, 2025
$200,000 Last Sold Price
—beds
—baths
—sq ft
Parcel 2 Deer Rd, Au Train, MI 49806
List Price
$225,000
Sale to List
11% under list
Days on Market
226 days
Parcel 2 Deer Rd, Au Train, MI 49806
SOLD JUN 19, 2025
$225,123 Last Sold Price
3 beds
3 baths
1,512 sq ft
E9431 Orchard St, Munising, MI 49862
(906) 387-4530
List Price
$225,000
Sale to List
0% over list
Days on Market
639 days
E9431 Orchard St, Munising, MI 49862
SOLD JUN 4, 2025
$529,000 Last Sold Price
3 beds
2.5 baths
3,000 sq ft
E10501 Old Indiantown Rd, Munising, MI 49862
(906) 387-4530
List Price
$584,000
Sale to List
9% under list
Days on Market
112 days
E10501 Old Indiantown Rd, Munising, MI 49862
SOLD JUN 2, 2025
$385,000 Last Sold Price
5 beds
2.5 baths
2,160 sq ft
226 W Munising Ave, Munising, MI 49862
(906) 387-3074
List Price
$399,000
Sale to List
4% under list
Days on Market
734 days
226 W Munising Ave, Munising, MI 49862
SOLD MAY 22, 2025
$160,000 Last Sold Price
0 beds
1 bath
646 sq ft
E6574 M94 Rd, Munising, MI 49862
(906) 225-5992
List Price
$179,900
Sale to List
11% under list
Days on Market
187 days
E6574 M94 Rd, Munising, MI 49862
SOLD APR 10, 2025
$275,000 Last Sold Price
1 bed
1 bath
1,073 sq ft
N3594 Raspberry Ln, Munising, MI 49862
(906) 387-4530
List Price
$272,000
Sale to List
1% over list
Days on Market
29 days
N3594 Raspberry Ln, Munising, MI 49862
SOLD MAR 27, 2025
$232,000 Last Sold Price
3 beds
2 baths
1,661 sq ft
N7771 Carmody Rd, Munising, MI 49862
(906) 387-4530
List Price
$248,700
Sale to List
7% under list
Days on Market
43 days
N7771 Carmody Rd, Munising, MI 49862
See all recently sold homes in 49862.
See listings

Schools in 49862

Learn about schools in the 49862 area

Elementary
Middle
High

GreatSchools Rating

7/10

William G. Mather Elementary School

Public • PreK-6

249

Students

N/A

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 49862 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49862.

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 49862

New Listings in 49862

County Housing Markets

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