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CHESANING, MI 48616

Real Estate Market Report  ·  Saginaw County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The CHESANING, MI real estate market (48616) currently shows 17 active listings, with 6 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 40 days last year.

The median listing price has fallen 8.4% year-over-year, from $205,500 to $188,225.

Whether you are buying or selling in CHESANING, 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: 7,486  ·  Density: 35.6/mi²  ·  Median household income: $59,552

Typical home value: $140,996  ·  Homeownership: 79.5%

Market Overview

Active Listings
17
⇧ 6.3% vs 16 last year
Pending
6
35% pending ratio
Median Price
$188,225
⇩ 8.4% vs $205,500 last year
Average Price
$227,408
⇧ 13.8% vs $199,848 last year
Days on Market
42
⇧ 5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$138
⇧ 8.7% vs $127/sqft last year
Median Home Size
1,661 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 16 last year
  • Days on market: 42 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $188,225 (-8.4% YoY)
  • Average: $227,408 (+13.8% 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 19.1 miles — 219 listings ($65,366,487 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48616Chesaning, MI 486160.0 mi17$4,955,653$219,900$291,509
48655Saint Charles, MI 486557.2 mi14$3,147,214$194,900$224,801
48417Burt, MI 4841710.0 mi4$719,000$167,500$179,750
48457Montrose, MI 4845711.1 mi15$3,313,170$164,900$220,878
48609Saginaw, MI 4860913.5 mi29$11,251,130$239,400$387,970
48831Elsie, MI 4883114.6 mi7$1,567,769$173,000$223,967
48807Bannister, MI 4880715.1 mi2$459,800$229,900$229,900
48638Saginaw, MI 4863816.1 mi39$11,268,972$232,300$288,948
48626Hemlock, MI 4862616.8 mi16$6,330,128$267,500$395,633
48722Bridgeport, MI 4872217.3 mi8$2,384,264$220,000$298,033
48476Vernon, MI 4847618.1 mi2$355,900$177,950$177,950
48637Merrill, MI 4863719.0 mi3$464,700$154,900$154,900
48603Saginaw, MI 4860319.1 mi63$19,148,787$289,900$303,949

Frequently Asked Questions

How many homes are for sale in CHESANING, MI 48616?

As of February 2026, there are 17 active listings in CHESANING, MI (zip code 48616), compared to 16 the prior year.

What is the median home price in CHESANING, MI 48616?

The median listing price in CHESANING, MI 48616 is $188,225 as of February 2026, a 8.4% decrease from $205,500 the prior year.

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

Homes in CHESANING, MI 48616 spend an average of 42 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in CHESANING, MI 48616?

Based on current inventory and days-on-market data as of February 2026, CHESANING, MI 48616 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHESANING, MI 48616 save an estimated $3,765 compared to a typical 5% commission on the median listing price of $188,225. 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.