Is Chesaning, MI 48616 a buyer’s or seller’s market?
Chesaning is a seller’s market. With about 2.7 months of supply and 11% 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 supply2.7Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$132▲ +3.0% vs. last year
Run the numbers for 48616
Nearby markets
Birch Run 48415Seller’s market $162 /sq ftBrant 48614 $122 /sq ftBridgeport 48722Seller’s market $131 /sq ftBurt 48417Seller’s market $111 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology