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Featured local agent — Eagle River, MI
Sarah Mitchell
Compass Real Estate · Eagle River, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Eagle River, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$520,000median sale price
How is the Eagle River, MI housing market right now?
The median home sale price in Eagle River, MI is $520,000. Homes sell in an average of 24 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Eagle River a buyer's or seller's market?
Eagle River, MI is currently a balanced market and homes selling in about 24 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
24
Average pace
Active listings
—
Sale-to-list
98.1%
Below asking
What does the Eagle River housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $520,000 |
| Average days on market | 24 days |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $107/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Eagle River by property type?
How the Eagle River, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $520,000 | $107/sq ft | 1 | 24 days |
Source: Redfin · Updated monthly
The Eagle River housing market is currently classified as a balanced market with a median sale price of $520,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 24 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Eagle River
Explore homes currently listed for sale in Eagle River, Michigan across major real estate platforms.
Who lives in Eagle River?
Population
77
Median income
$61,250/yr
Median age
70.9 years
Owner-occupied
94.6%
College grads
46.1%
Avg commute
31.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Eagle River?
Eagle River is a community of approximately 0K residents with a median age of 70.9 years.The median household income is $61,250, which represents a working-class community with solid middle-income opportunities. 46.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 94.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Eagle River offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Eagle River, MI?
Want a head-to-head view? Compare Eagle River side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Eagle River?
The median home sale price in Eagle River is $520,000, down 0.0% from last year.
How long do homes stay on market in Eagle River?
Homes typically spend 24 days on market before going under contract.
What is the median income in Eagle River?
The median household income is $61,250 per year.
How much does a single-family home cost in Eagle River?
The median single-family home price in Eagle River, MI is $520,000 (about $107 per square foot).
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