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WHITMORE LAKE, MI 48189

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WHITMORE LAKE, MI real estate market (48189) currently shows 31 active listings, with 12 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 29 days last year.

The median listing price has fallen 3.7% year-over-year, from $468,844 to $451,344.

Whether you are buying or selling in WHITMORE LAKE, 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: 13,718  ·  Density: 155.0/mi²  ·  Median household income: $78,879

Typical home value: $268,131  ·  Homeownership: 78.8%

Market Overview

Active Listings
31
⇩ 16.2% vs 37 last year
Pending
12
39% pending ratio
Median Price
$451,344
⇩ 3.7% vs $468,844 last year
Average Price
$545,181
⇧ 1.9% vs $535,000 last year
Days on Market
57
⇧ 96.6% vs 29 days last year

Price Per Square Foot

Median $/sqft
$295
⇧ 15.7% vs $255/sqft last year
Median Home Size
1,547 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 37 last year
  • Days on market: 57 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $451,344 (-3.7% YoY)
  • Average: $545,181 (+1.9% 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 16.7 miles — 838 listings ($456,656,596 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48189Whitmore Lake, MI 481890.0 mi29$15,502,414$471,500$534,566
48178South Lyon, MI 481786.5 mi126$69,810,174$469,990$554,049
48130Dexter, MI 481307.3 mi33$24,420,660$619,419$740,020
48165New Hudson, MI 4816510.5 mi43$20,674,916$574,990$480,812
48114Brighton, MI 4811410.9 mi39$21,968,115$532,613$563,285
48168Northville, MI 4816812.4 mi55$47,095,070$600,000$856,274
48843Howell, MI 4884313.0 mi105$53,837,385$430,000$512,737
48170Plymouth, MI 4817013.1 mi86$61,700,700$535,000$717,450
48198Ypsilanti, MI 4819813.7 mi107$31,725,821$227,500$296,503
48381Milford, MI 4838114.2 mi82$50,957,096$575,000$621,428
48118Chelsea, MI 4811814.8 mi23$10,672,161$379,900$464,007
48187Canton, MI 4818716.1 mi67$30,580,341$399,000$456,423
48375Novi, MI 4837516.7 mi43$17,711,743$425,000$411,901

Frequently Asked Questions

How many homes are for sale in WHITMORE LAKE, MI 48189?

As of February 2026, there are 31 active listings in WHITMORE LAKE, MI (zip code 48189), compared to 37 the prior year.

What is the median home price in WHITMORE LAKE, MI 48189?

The median listing price in WHITMORE LAKE, MI 48189 is $451,344 as of February 2026, a 3.7% decrease from $468,844 the prior year.

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

Homes in WHITMORE LAKE, MI 48189 spend an average of 57 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in WHITMORE LAKE, MI 48189?

Based on current inventory and days-on-market data as of February 2026, WHITMORE LAKE, MI 48189 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 29 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WHITMORE LAKE, MI 48189 save an estimated $9,027 compared to a typical 5% commission on the median listing price of $451,344. 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.