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LUNA PIER, MI 48157

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

Neighborhoods in ZIP 48157

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Market Analysis

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

The LUNA PIER, MI real estate market (48157) currently shows 3 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 72 days last year.

The median listing price has fallen 32.4% year-over-year, from $368,000 to $248,650.

Whether you are buying or selling in LUNA PIER, 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: 1,225  ·  Density: 502.7/mi²  ·  Median household income: $48,073

Typical home value: $176,961  ·  Homeownership: 77.0%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$248,650
⇩ 32.4% vs $368,000 last year
Average Price
$270,767
⇩ 20.2% vs $339,380 last year
Days on Market
51
⇩ 29.2% vs 72 days last year

Price Per Square Foot

Median $/sqft
$164
⇩ 5.7% vs $174/sqft last year
Median Home Size
1,542 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 51 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $248,650 (-32.4% YoY)
  • Average: $270,767 (-20.2% 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 14.7 miles — 497 listings ($90,367,775 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48157Luna Pier, MI 481570.0 mi3$892,350$297,450$297,450
48133Erie, MI 481333.4 mi7$2,257,374$279,995$322,482
48182Temperance, MI 481827.4 mi44$15,350,148$299,900$348,867
43611Toledo, OH 436118.3 mi38$5,826,426$149,000$153,327
43612Toledo, OH 436129.3 mi91$10,867,038$115,900$119,418
43608Toledo, OH 4360810.5 mi75$4,796,850$69,900$63,958
43616Oregon, OH 4361611.0 mi50$14,684,700$293,450$293,694
43610Toledo, OH 4361011.4 mi13$1,042,899$67,450$80,223
43605Toledo, OH 4360512.1 mi86$7,338,036$85,000$85,326
49270Petersburg, MI 4927013.1 mi11$3,696,737$270,000$336,067
43623Toledo, OH 4362313.4 mi44$12,943,040$219,700$294,160
43412Curtice, OH 4341214.2 mi6$1,747,050$337,450$291,175
43619Northwood, OH 4361914.7 mi29$8,925,127$299,950$307,763

Frequently Asked Questions

How many homes are for sale in LUNA PIER, MI 48157?

As of February 2026, there are 3 active listings in LUNA PIER, MI (zip code 48157), compared to 5 the prior year.

What is the median home price in LUNA PIER, MI 48157?

The median listing price in LUNA PIER, MI 48157 is $248,650 as of February 2026, a 32.4% decrease from $368,000 the prior year.

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

Homes in LUNA PIER, MI 48157 spend an average of 51 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in LUNA PIER, MI 48157?

Based on current inventory and days-on-market data as of February 2026, LUNA PIER, MI 48157 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 72 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LUNA PIER, MI 48157 save an estimated $4,973 compared to a typical 5% commission on the median listing price of $248,650. 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.