Market Intelligence · MI / Muskegon

Muskegon, MI 49440 Housing Market

Homes in Muskegon, MI 49440 have a typical value of $348,530, down 1.0% over the past year. The median list price stands at $593,000, with homes staying on the market for a median of 115 days.

Updated September 2026Median value$349K

The median home value in Muskegon, MI 49440 is $349K as of September 2026, down 1.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 49440 range

$321K to $376K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.0% over 12 months

Typical home value in 49440 over the last 12 months: $352K in Sep 2025 to $349K in Sep 2026 (-1.0%).

Sep 2025$352K

Sep 2026$349K

The numbers

What is the 49440 housing market like?

Typical home value

$349K

Down1.0%YoY

Median list price

$593K

Down3.1%MoM

Days on market

115

Up15.0%MoM

Homes for sale

7

Up16.7%MoM

Price cuts

0.0%

New listings

2

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

49440 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 49440 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 49440 fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in 49440?

Zillow's forecast does not call for a drop: it expects typical home values in 49440 to rise 3.1% by September 2027, after a 1.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 49440 home prices compare?

  • 49440$348,530
  • Muskegon$258,047
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Muskegon: 5 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The gap between typical home value and median list price reflects the current inventory composition in 49440. There are 7 homes for sale as of September 2026, with 2 new listings added recently. None of the active listings have received price cuts. The 115-day median time on market suggests deliberate buyer behavior in a market where property values have declined slightly. Sellers should expect a careful sales process.

Monthly payment

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20% · $69,706

Common questions

What people ask us.

What is the typical home value in 49440?

The typical home value in Muskegon, MI 49440 is $348,530, having declined 1.0% over the past year as of September 2026.

How long do homes typically stay on the market here?

Homes in 49440 have a median of 115 days on market as of September 2026.

How many homes are currently for sale?

There are 7 homes for sale in 49440 as of September 2026, with 2 new listings added recently.

Discover

Nearby ZIP markets.

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Guides for sellers.