Luna Pier, MI Home Values & Market Trends
Real estate market trends reflect that there have been 32 transactions over the past year in Luna Pier. The median value for residential home transactions that occurred over the previous year is $202,184. The number of current listings in Luna Pier is 35, and the percentage of properties for sale in the city is 35.00%. Luna Pier, MI currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 35 properties for sale.
Luna Pier, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 48157 | $ 202,184 $ 178/sqft |
Housing Market Summary for Luna Pier, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $179.9K | $177.4K | -1.36% |
| Median Sold Price | $192.9K | $191.8K | -0.55% |
| Homes For Sale | 23 | 33 | 43.48% |
| Homes Sold | 11 | 17 | 54.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Luna Pier, MI
Browse Homes in Luna Pier, MI
Luna Pier home values range from $46,754 to $616,794. The median estimated value of a home in Luna Pier is $202,184. The median list price of a home is 177,450, and the total count of properties in the city is 54.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Luna Pier, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Luna Pier, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Luna Pier, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Luna Pier, MI. There is 1 zips within Luna Pier, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48157 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Luna Pier, MI. Auction homes and other auction properties account for 1.85% of all properties in Luna Pier, MI. There is 1 zips within Luna Pier, MI; of that zips, the median estimated home value for homes going to auction ranges from $358,285 in 48157 to the lowest value of $358,285 in 48157.
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Guide for Luna Pier, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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