Is Port Hope, MI 48468 a buyer’s or seller’s market?
Port Hope is a seller’s market. With about 3.2 months of supply and 33% 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 supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$136▼ −34.6% vs. last year
Run the numbers for 48468
Nearby markets
Bad Axe 48413Seller’s market $115 /sq ftBay Port 48720 — /sq ftCaseville 48725Seller’s market $188 /sq ftElkton 48731Seller’s market $106 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology