Data as of February 2026. Source: Realtor.com.
The ELSIE, MI real estate market (48831) currently shows 9 active listings, with 3 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 27 days on market compared to 62 days last year.
The median listing price has risen 14.9% year-over-year, from $205,500 to $236,150.
Whether you are buying or selling in ELSIE, 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.
Population: 3,307 · Density: 17.5/mi² · Median household income: $60,395
Typical home value: $142,730 · Homeownership: 88.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48831 | Elsie, MI 48831 | 0.0 mi | 7 | $1,567,769 | $173,000 | $223,967 |
| 48866 | Ovid, MI 48866 | 7.6 mi | 12 | $2,844,288 | $258,222 | $237,024 |
| 48649 | Oakley, MI 48649 | 8.8 mi | 5 | $1,688,400 | $364,500 | $337,680 |
| 48867 | Owosso, MI 48867 | 11.6 mi | 88 | $19,246,040 | $189,900 | $218,705 |
| 48874 | Pompeii, MI 48874 | 12.5 mi | 2 | $168,000 | $84,000 | $84,000 |
| 48848 | Laingsburg, MI 48848 | 15.0 mi | 16 | $9,341,728 | $459,900 | $583,858 |
| 48871 | Perrinton, MI 48871 | 15.8 mi | 5 | $2,449,900 | $384,999 | $489,980 |
| 48655 | Saint Charles, MI 48655 | 17.0 mi | 14 | $3,147,214 | $194,900 | $224,801 |
| 48835 | Fowler, MI 48835 | 19.5 mi | 4 | $1,158,532 | $265,000 | $289,633 |
| 48808 | Bath, MI 48808 | 19.5 mi | 9 | $4,732,200 | $469,950 | $525,800 |
| 48820 | Dewitt, MI 48820 | 19.9 mi | 32 | $12,277,600 | $330,000 | $383,675 |
| 48662 | Wheeler, MI 48662 | 20.8 mi | 1 | $230,000 | $230,000 | $230,000 |
| 48637 | Merrill, MI 48637 | 21.7 mi | 3 | $464,700 | $154,900 | $154,900 |
As of February 2026, there are 9 active listings in ELSIE, MI (zip code 48831), compared to 5 the prior year.
The median listing price in ELSIE, MI 48831 is $236,150 as of February 2026, a 14.9% increase from $205,500 the prior year.
Homes in ELSIE, MI 48831 spend an average of 27 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ELSIE, MI 48831 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in ELSIE, MI 48831 save an estimated $4,723 compared to a typical 5% commission on the median listing price of $236,150. 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.