Is Carleton, MI 48117 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Carleton is a seller’s market. With about 2.7 months of supply and 58% 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.

Competition score89/ 100

More competitive than 93% of U.S. ZIP codes, and #21 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list58.3%Share of sales, last 3 months
Median sale-to-list103%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$185▼ −0.8% vs. last year

Nearby markets

Dundee 48131Seller’s market $164 /sq ftErie 48133Balanced $172 /sq ftIda 48140Seller’s market $151 /sq ftLa Salle 48145Seller’s market $187 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology