Is Farwell, MI 48622 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Farwell is a seller’s market. With about 3.8 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 supply3.8Under 4 months = seller’s market

Sold above original list30.8%Share of sales, last 3 months

Median sale-to-list98.7%Sold price ÷ list price

Median days on market43Listing to accepted offer

Median price per sq ft$135▲ +6.0% vs. last year

Run the numbers for 48622

Prefilled for 48622Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48622Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clare 48617Seller’s market $148 /sq ft Harrison 48625Seller’s market $135 /sq ft Lake 48632Balanced $158 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology