Is Bancroft, MI 48414 a buyer’s or seller’s market?
Bancroft is a seller’s market. With about 3.7 months of supply and 83% 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 supply3.7Under 4 months = seller’s market
Sold above original list83.3%Share of sales, last 3 months
Median sale-to-list104.1%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$186▼ −0.3% vs. last year
Run the numbers for 48414
Nearby markets
Byron 48418Seller’s market $177 /sq ftCorunna 48817Seller’s market $108 /sq ftDurand 48429Seller’s market $145 /sq ftHenderson 48841 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology