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Elberta, MI real estate

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Elberta real estate Market Report.

Information and statistics on the latest trends in the Elberta real estate market. *

Quarterly Pricing Trends for Elberta

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Elberta Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $250K Median sale price in Apr 2022 - Jun 2022: $25K Median sale price in Jul 2022 - Sep 2022: $265K Median sale price in Oct 2022 - Dec 2022: $35K Median sale price in Jan 2023 - Mar 2023: $182K Median sale price in Apr 2023 - Jun 2023: $48K Median sale price in Jul 2023 - Sep 2023: $261K Median sale price in Jan 2024 - Mar 2024: $182K Median sale price in Jul 2024 - Sep 2024: $198K Median sale price in Jan 2025 - Mar 2025: $346K Median sale price in Jul 2025 - Sep 2025: $349K Median sale price in Jan 2026 - Mar 2026: $109K Median sale price in Apr 2026 - Jun 2026: $330K Median sale price in Jul 2026 - Sep 2026: $340K Median list price in Oct 2021 - Dec 2021: $135K Median list price in Jan 2022 - Mar 2022: $450K Median list price in Apr 2022 - Jun 2022: $283K Median list price in Jul 2022 - Sep 2022: $265K Median list price in Oct 2022 - Dec 2022: $160K Median list price in Jan 2023 - Mar 2023: $45K Median list price in Apr 2023 - Jun 2023: $200K Median list price in Jul 2023 - Sep 2023: $495K Median list price in Oct 2023 - Dec 2023: $180K Median list price in Jul 2024 - Sep 2024: $193K Median list price in Oct 2024 - Dec 2024: $450K Median list price in Jan 2025 - Mar 2025: $325K Median list price in Apr 2025 - Jun 2025: $349K Median list price in Jul 2025 - Sep 2025: $300K Median list price in Oct 2025 - Dec 2025: $189K Median list price in Jan 2026 - Mar 2026: $204K Median list price in Jul 2026 - Sep 2026: $346K Oct 2021 - Dec 2021 Median sale price $250K Median list price $135K Jan 2022 - Mar 2022 Median sale price Unknown Median list price $450K Apr 2022 - Jun 2022 Median sale price $25K Median list price $283K Jul 2022 - Sep 2022 Median sale price $265K Median list price $265K Oct 2022 - Dec 2022 Median sale price $35K Median list price $160K Jan 2023 - Mar 2023 Median sale price $182K Median list price $45K Apr 2023 - Jun 2023 Median sale price $48K Median list price $200K Jul 2023 - Sep 2023 Median sale price $261K Median list price $495K Oct 2023 - Dec 2023 Median sale price Unknown Median list price $180K Jan 2024 - Mar 2024 Median sale price $182K Median list price Unknown Apr 2024 - Jun 2024 Median sale price Unknown Median list price Unknown Jul 2024 - Sep 2024 Median sale price $198K Median list price $193K Oct 2024 - Dec 2024 Median sale price Unknown Median list price $450K Jan 2025 - Mar 2025 Median sale price $346K Median list price $325K Apr 2025 - Jun 2025 Median sale price Unknown Median list price $349K Jul 2025 - Sep 2025 Median sale price $349K Median list price $300K Oct 2025 - Dec 2025 Median sale price Unknown Median list price $189K Jan 2026 - Mar 2026 Median sale price $109K Median list price $204K Apr 2026 - Jun 2026 Median sale price $330K Median list price Unknown Jul 2026 - Sep 2026 Median sale price $340K Median list price $346K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
10
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Elberta currently leans toward sellers, with the market gauge indicating a seller's market. With only 5 active listings and 4 homes sold in this rolling three-month window, limited inventory is helping keep conditions tight.

Prices are holding relatively steady, as the typical home value of about $340,000 is down slightly, a few percent lower than a year ago, even as the median list price is up more than 15 percent year over year. Properties are also moving faster than they did last year, with the median time on market dropping to 22 days, a decline of about 17 percent.

Momentum has picked up notably in recent months, shown by homes sold and pending sales both climbing more than 25 percent compared with a year earlier. Buyers are securing small discounts with an average sale-to-list ratio just under 98 percent, and no recent sales closing above list price, so both buyers and sellers can benefit from working with an experienced Elberta agent that Agent Pronto can help them find.



Learn more about what Elberta has to offer.

Elberta offers residents a warm, close-knit community with easy access to Lake Michigan beaches, vibrant local farms and markets, and ample outdoor and cultural activities that enrich everyday life.

Elberta sits along the north shore of Betsie Bay, offering small-town living with easy access to Lake Michigan and nearby Frankfort. Everyday needs are close at hand, with local shops and eateries along M-22, quick trips across the bay, and regional services in Benzie County. Seasonal visitors and year-round residents share the same appeal: water, woods, and a quieter pace that still connects you to what you need.

Outdoor access is a major draw. Residents enjoy the walkable Elberta Waterfront Park with its playground, picnic areas, and bay views, while Elberta Beach provides a straightforward route to Lake Michigan sunsets and swimming. The nearby Betsie Valley Trail links Elberta to Frankfort and beyond for biking, walking, and winter sports, adding real day-to-day recreation options.

Families appreciate proximity to Frankfort-Elberta Area Schools, and public services are anchored by the Village of Elberta government offices and local utilities. Dining in neighboring Frankfort and broader coastal amenities up and down M-22 round out practical livability for full-time residents and second-home owners alike.

Because Elberta’s market can shift with tourism, lake proximity, and seasonal demand, having an agent who truly understands local streets, shoreline nuances, and zoning rules can prevent costly surprises. Agent Pronto connects buyers and sellers with Elberta specialists who know the area’s dynamics, helping make each move more informed and less stressful.

Find your Elberta real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Considering the situation we were in to sell the house, Tom and Karah did an EXCELLENT job understanding my needs and wanting the best for the buyer as well. I hope to use them in the future for buying a home. You SHOULD!!!”

Terri M · Beaverton, MI

Photo of Tom Webb
Dwelling Place Inc
“Dylan is amazing to work with! He sold our home quickly and was very attentive through the entire process. He is top notch and we highly recommend you reach out to him for all your real estate needs!”

Jennifer Tallquist ·

Photo of Dylan Zuniga
Five Star Real Estate
“I couldn’t have asked for a better agent as a first time homebuyer! Kevin was knowledgeable and had amazing recommendations of outside services I needed in the process. He was always quick to respond to any questions and without having anything to compare him to, I’m certain he went above and beyond to make this experience great for me!”

Brittney Bode ·

Photo of Betsy Kirkby
ERA Real Estate ERA Greater North Properties
“Lexa Ferrill was truly nothing short of spectacular during our home buying journey. The entire process was smooth and stress-free thanks to her expertise and dedication. She was always available to address any questions or concerns we had along the way. We couldn't be happier with our new home and would absolutely recommend Lexa to anyone looking to buy or sell in the area.”

jeaniemhoward ·

Photo of Lexa Ferrill
Real Estate One
“Working with Chelsea was great, the overall homebuying experience was pretty easy. I would reccomend Chelsea to other first time veteran home buyers. We felt she put us first as buyers instead of just another sale. Thanks Chelsea!”

Dylan Smith ·

Photo of Chelsea Bryant
Real Broker, LLC
“I would highly recommend working with Sarah if you’re looking to buy a home! She was very knowledgeable and explained every step of the process to me, putting me at ease as a first time homebuyer. Due to a sudden change in my living situation I needed to find a home on a short timeline. Sarah was more than accommodating, spending several days touring multiple homes with me until I found the right one. She was very knowledgeable about the closing process, helping me place an offer which was quickly accepted while still being well within my budget in a very competitive housing market. She was always available to answer questions or calm my nerves when I was stressed about things. I’m absolutely in love with my new home and can’t thank Sarah enough for her assistance in helping me purchase it.”

Colette Pressell ·

Photo of Sarah Jones
Key Realty Dennis Moore
“Rob did an excellent job helping us sell our house. He took the time to understand our needs and desired timeline. He thoroughly analyzed comparable home sales in our area and helped us set an appropriate price. He helped us prepare the house for showing and then conducted an effective marketing campaign including postings to marketplace sites, individual showings, open houses, etc. Once we received an appropriate offer, Rob managed the entire post sale / closing process. Rob was always available to answer questions and follow up on various details. We are totally pleased with Rob's work on our behalf!”

Mike Ritter ·

Photo of Rob Conat
Exp Realty Grand Rapids
“We decided to move to Holland Michigan to be closer to our family. Our son in law is in commercial real estate . I asked him if anyone in his office could recommend a residential agent and that is how we meet Lauri. Lauri was the perfect choice. Lauri was very professional and had a really great knowledge of of the area. We looked at numerous properties. Lauri only gave her opinion when we asked and she never pressured us to make a decision. in the end Lauri found us the perfect property and connected us with a great builder.”

bobgeier31 ·

Photo of Michigan Homes and Cottages Team
Coldwell Banker Woodland Schmidt
“Absolutely the best agent we’ve ever worked with (over 15 homes). She counseled us on the pros & cons of each area in the greater Traverse City area. We were ultimately outbid on two, then a bad inspection on one, Jen counseled us in each instance. Knows her stuff business-wise, fought for us during a negotiation, goes above and beyond every time, and…she’s cool.”

Rick L ·

Photo of Jen Edson-Rife
Five Star Real Estate
“I had such an amazing homebuying experience with Taylor! He answered my million questions, shared his expertise, and was patient as I considered my options. We toured many different houses this past year and narrowed down our search. Then presto we found the perfect place for me and Kovu right here in TC. Thank you for helping me purchase my dream home Taylor!”

hartmantravels ·

Photo of Taylor Brown
Real Estate One
“Becky showed me several homes and was so encouraging throughout the entire process! Even though it is a difficult market to buy in right now, I had her support and knowledge the whole time!”

dhanegra ·

Photo of Meghan Heritage
BlueWest Properties
“Shelley was wonderful to work with. I highly recommend her! ”

Joanne S. · Interlochen, MI

Photo of Shelly Brunette
Real Estate One

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Elberta. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.