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MULLIKEN, MI 48861

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

Market Analysis

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

The MULLIKEN, MI real estate market (48861) currently shows 2 active listings, with 1 pending sales. Homes are averaging 175 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 175 days on market compared to 25 days last year.

The median listing price has risen 58.1% year-over-year, from $319,450 to $505,000.

Whether you are buying or selling in MULLIKEN, 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: 1,839  ·  Density: 27.1/mi²  ·  Median household income: $87,426

Typical home value: $173,132  ·  Homeownership: 94.3%

Market Overview

Active Listings
2
⇩ 66.7% vs 6 last year
Pending
1
50% pending ratio
Median Price
$505,000
⇧ 58.1% vs $319,450 last year
Average Price
$505,000
⇧ 12.7% vs $447,933 last year
Days on Market
175
⇧ 600% vs 25 days last year

Price Per Square Foot

Median $/sqft
$120
⇩ 21.6% vs $153/sqft last year
Median Home Size
4,216 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 6 last year
  • Days on market: 175 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $505,000 (+58.1% YoY)
  • Average: $505,000 (+12.7% 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 20.0 miles — 509 listings ($122,095,564 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48861Mulliken, MI 488610.0 mi6$2,073,798$311,900$345,633
48837Grand Ledge, MI 488377.7 mi41$14,061,319$289,000$342,959
48875Portland, MI 488758.9 mi19$7,004,350$362,500$368,650
48876Potterville, MI 4887610.8 mi5$1,687,250$349,900$337,450
48813Charlotte, MI 4881311.1 mi45$12,886,875$294,500$286,375
48917Lansing, MI 4891714.1 mi67$18,729,850$272,500$279,550
48821Dimondale, MI 4882115.0 mi13$5,546,021$343,000$426,617
48906Lansing, MI 4890617.1 mi80$14,783,520$149,500$184,794
48911Lansing, MI 4891117.9 mi74$17,571,078$199,900$237,447
48815Clarksville, MI 4881518.7 mi1$220,000$220,000$220,000
48846Ionia, MI 4884619.1 mi29$9,087,527$272,400$313,363
48873Pewamo, MI 4887319.8 mi1$109,000$109,000$109,000
48910Lansing, MI 4891020.0 mi128$18,334,976$135,000$143,242

Frequently Asked Questions

How many homes are for sale in MULLIKEN, MI 48861?

As of February 2026, there are 2 active listings in MULLIKEN, MI (zip code 48861), compared to 6 the prior year.

What is the median home price in MULLIKEN, MI 48861?

The median listing price in MULLIKEN, MI 48861 is $505,000 as of February 2026, a 58.1% increase from $319,450 the prior year.

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

Homes in MULLIKEN, MI 48861 spend an average of 175 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in MULLIKEN, MI 48861?

Based on current inventory and days-on-market data as of February 2026, MULLIKEN, MI 48861 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 175 days on market compared to 25 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MULLIKEN, MI 48861 save an estimated $10,100 compared to a typical 5% commission on the median listing price of $505,000. 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.