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IDA, MI 48140

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The IDA, MI real estate market (48140) currently shows 4 active listings, with 2 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 16 days on market compared to 120 days last year.

The median listing price has fallen 10% year-over-year, from $312,425 to $281,175.

Whether you are buying or selling in IDA, 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.

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Market Context

Market Context

Population: 3,414  ·  Density: 50.0/mi²  ·  Median household income: $103,611

Typical home value: $240,929  ·  Homeownership: 92.6%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
2
50% pending ratio
Median Price
$281,175
⇩ 10% vs $312,425 last year
Average Price
$281,525
⇩ 15.9% vs $334,712 last year
Days on Market
16
⇩ 86.7% vs 120 days last year

Price Per Square Foot

Median $/sqft
$205
⇧ 12.6% vs $182/sqft last year
Median Home Size
1,317 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 16 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $281,175 (-10% YoY)
  • Average: $281,525 (-15.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 395 listings ($82,520,397 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48140Ida, MI 481400.0 mi3$1,361,175$322,450$453,725
48177Samaria, MI 481775.3 mi1$209,900$209,900$209,900
48182Temperance, MI 481826.2 mi44$15,350,148$299,900$348,867
48131Dundee, MI 481317.4 mi20$6,667,280$339,500$333,364
48157Luna Pier, MI 481578.8 mi3$892,350$297,450$297,450
48162Monroe, MI 481629.4 mi68$18,198,024$236,450$267,618
49238Deerfield, MI 4923810.7 mi2$509,800$254,900$254,900
49276Riga, MI 4927611.9 mi1$239,000$239,000$239,000
43613Toledo, OH 4361312.1 mi96$13,232,544$132,250$137,839
43611Toledo, OH 4361113.2 mi38$5,826,426$149,000$153,327
43608Toledo, OH 4360814.2 mi75$4,796,850$69,900$63,958
49229Britton, MI 4922914.6 mi7$1,602,622$217,000$228,946
48160Milan, MI 4816014.8 mi37$13,634,278$349,900$368,494

Frequently Asked Questions

How many homes are for sale in IDA, MI 48140?

As of February 2026, there are 4 active listings in IDA, MI (zip code 48140), compared to 5 the prior year.

What is the median home price in IDA, MI 48140?

The median listing price in IDA, MI 48140 is $281,175 as of February 2026, a 10% decrease from $312,425 the prior year.

How long do homes stay on the market in IDA, MI?

Homes in IDA, MI 48140 spend an average of 16 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in IDA, MI 48140?

Based on current inventory and days-on-market data as of February 2026, IDA, MI 48140 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 120 days last year.

How much can I save on real estate commission in IDA, MI?

With SELL123.com's maximum 3% commission, sellers in IDA, MI 48140 save an estimated $5,624 compared to a typical 5% commission on the median listing price of $281,175. 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.