Is Brown City, MI 48416 a buyer’s or seller’s market?
Brown City is a seller’s market. With about 2.5 months of supply and 31% 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 supply2.5Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$116▼ −14.2% vs. last year
Run the numbers for 48416
Nearby markets
Applegate 48401Buyer’s market $183 /sq ftCarsonville 48419Balanced $242 /sq ftCroswell 48422Seller’s market $119 /sq ftDecker 48426 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology