Elberta, MI 49628 housing market
Data through Sep 2026 · Seller's market · leverage 1
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Buyer Leverage Score
1
Sep 2026
Months of Supply
0.8 months
Aug 2026
Days on Market
13 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
97.8%
Aug 2026
Expected Disaster Loss
$80
Dec 2025
What this means
- Supply. Listings are 81% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (1/100; U.S.: 54): homes sell for about 2.2% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $80 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Benzie County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Interlochen, MI 49643 | $370.7K | +3.9% | 46 |
| Beulah, MI 49617 | $439.2K | +6.2% | 33 |
| Lake Ann, MI 49650 | $412.1K | +4.3% | 19 |
| Frankfort, MI 49635 | $521.3K | +7.0% | 53 |
| Thompsonville, MI 49683 | $309.2K | +5.5% | 32 |
| Benzonia, MI 49616 | $336.7K | +6.2% | 44 |
| Honor, MI 49640 | $432.5K | +8.6% | 27 |