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GREENVILLE, MI 48838

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

Market Analysis

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

The GREENVILLE, MI real estate market (48838) currently shows 39 active listings, with 20 pending sales. Homes are averaging 40 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 40 days on market compared to 83 days last year.

The median listing price has risen 22.3% year-over-year, from $275,950 to $337,450.

Whether you are buying or selling in GREENVILLE, 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: 18,043  ·  Density: 74.9/mi²  ·  Median household income: $62,355

Typical home value: $174,204  ·  Homeownership: 74.5%

Market Overview

Active Listings
39
⇩ 2.5% vs 40 last year
Pending
20
51% pending ratio
Median Price
$337,450
⇧ 22.3% vs $275,950 last year
Average Price
$453,523
⇧ 27.8% vs $354,847 last year
Days on Market
40
⇩ 51.8% vs 83 days last year

Price Per Square Foot

Median $/sqft
$201
⇧ 28.8% vs $156/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 40 last year
  • Days on market: 40 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $337,450 (+22.3% YoY)
  • Average: $453,523 (+27.8% 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 19.4 miles — 136 listings ($51,859,640 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48838Greenville, MI 488380.0 mi39$15,625,194$339,650$400,646
48885Sidney, MI 488857.4 mi1$196,000$196,000$196,000
49347Trufant, MI 4934710.1 mi3$1,559,700$519,900$519,900
48884Sheridan, MI 4888411.1 mi8$1,915,400$238,850$239,425
48834Fenwick, MI 4883412.1 mi3$747,000$249,000$249,000
49322Coral, MI 4932212.9 mi4$1,434,600$389,900$358,650
48870Palo, MI 4887014.7 mi1$240,000$240,000$240,000
49339Pierson, MI 4933915.9 mi3$1,560,000$520,000$520,000
48846Ionia, MI 4884617.0 mi29$9,087,527$272,400$313,363
49306Belmont, MI 4930617.4 mi13$7,691,229$548,999$591,633
48850Lakeview, MI 4885017.6 mi11$4,795,527$249,900$435,957
49329Howard City, MI 4932919.2 mi17$6,329,763$275,000$372,339
48818Crystal, MI 4881819.4 mi4$677,700$164,850$169,425

Frequently Asked Questions

How many homes are for sale in GREENVILLE, MI 48838?

As of February 2026, there are 39 active listings in GREENVILLE, MI (zip code 48838), compared to 40 the prior year.

What is the median home price in GREENVILLE, MI 48838?

The median listing price in GREENVILLE, MI 48838 is $337,450 as of February 2026, a 22.3% increase from $275,950 the prior year.

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

Homes in GREENVILLE, MI 48838 spend an average of 40 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in GREENVILLE, MI 48838?

Based on current inventory and days-on-market data as of February 2026, GREENVILLE, MI 48838 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 40 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GREENVILLE, MI 48838 save an estimated $6,749 compared to a typical 5% commission on the median listing price of $337,450. 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.