Is Allenton, MI 48002 a buyer’s or seller’s market?
Allenton is a seller’s market. With about 1.9 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.9Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$214▲ +5.4% vs. last year
Run the numbers for 48002
Nearby markets
Algonac 48001Seller’s market $207 /sq ftAvoca 48006Seller’s market $169 /sq ftCapac 48014Seller’s market $180 /sq ftCasco 48064Seller’s market $222 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology