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DRUMMOND ISLAND, MI 49726

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

Market Analysis

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

The DRUMMOND ISLAND, MI real estate market (49726) currently shows 16 active listings, with 2 pending sales. Homes are averaging 207 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 207 days on market compared to 132 days last year.

The median listing price has fallen 2.2% year-over-year, from $335,000 to $327,500.

Whether you are buying or selling in DRUMMOND ISLAND, 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: 1,001  ·  Density: 3.0/mi²  ·  Median household income: $60,573

Typical home value: $223,850  ·  Homeownership: 93.2%

Market Overview

Active Listings
16
⇧ 100% vs 8 last year
Pending
2
13% pending ratio
Median Price
$327,500
⇩ 2.2% vs $335,000 last year
Average Price
$468,486
⇩ 18.8% vs $576,600 last year
Days on Market
207
⇧ 56.8% vs 132 days last year

Price Per Square Foot

Median $/sqft
$191
⇧ 4.9% vs $182/sqft last year
Median Home Size
1,644 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 8 last year
  • Days on market: 207 now vs 132 last year

Median & Average Pricing

Year over Year
  • Median: $327,500 (-2.2% YoY)
  • Average: $468,486 (-18.8% 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 58.9 miles — 133 listings ($53,903,656 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49726Drummond Island, MI 497260.0 mi15$7,031,685$327,500$468,779
49736Goetzville, MI 4973623.8 mi3$1,424,496$144,500$474,832
49710Barbeau, MI 4971031.4 mi3$547,350$182,450$182,450
49783Sault Sainte Marie, MI 4978341.0 mi57$16,029,426$229,000$281,218
49724Dafter, MI 4972441.3 mi1$260,000$260,000$260,000
49788Kincheloe, MI 4978842.5 mi10$1,801,710$174,500$180,171
49779Rogers City, MI 4977943.0 mi7$2,413,775$322,000$344,825
49757Mackinac Island, MI 4975747.4 mi5$5,604,000$995,000$1,120,800
49777Presque Isle, MI 4977750.3 mi13$10,140,182$645,000$780,014
49743Hawks, MI 4974351.7 mi2$295,800$147,900$147,900
49781Saint Ignace, MI 4978153.6 mi8$3,099,800$375,000$387,475
49701Mackinaw City, MI 4970154.9 mi8$4,875,432$380,000$609,429
49718Carp Lake, MI 4971858.9 mi1$380,000$380,000$380,000

Frequently Asked Questions

How many homes are for sale in DRUMMOND ISLAND, MI 49726?

As of February 2026, there are 16 active listings in DRUMMOND ISLAND, MI (zip code 49726), compared to 8 the prior year.

What is the median home price in DRUMMOND ISLAND, MI 49726?

The median listing price in DRUMMOND ISLAND, MI 49726 is $327,500 as of February 2026, a 2.2% decrease from $335,000 the prior year.

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

Homes in DRUMMOND ISLAND, MI 49726 spend an average of 207 days on the market before going under contract, compared to 132 days the prior year.

Is it a seller's or buyer's market in DRUMMOND ISLAND, MI 49726?

Based on current inventory and days-on-market data as of February 2026, DRUMMOND ISLAND, MI 49726 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 207 days on market compared to 132 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DRUMMOND ISLAND, MI 49726 save an estimated $6,550 compared to a typical 5% commission on the median listing price of $327,500. 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.