Is Lennon, MI 48449 a buyer’s or seller’s market?
Lennon is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.9Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$156▼ −0.1% vs. last year
Run the numbers for 48449
Nearby markets
Bancroft 48414Seller’s market $186 /sq ftByron 48418Seller’s market $177 /sq ftCorunna 48817Seller’s market $108 /sq ftDurand 48429Seller’s market $145 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology