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Is Freeland, MI 48623 a buyer’s or seller’s market?

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

Freeland is a seller’s market. With about 2.7 months of supply and 28% 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.

Competition score67/ 100

More competitive than 70% of U.S. ZIP codes, and #242 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list27.6%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$165▲ +3.9% vs. last year

Run the numbers for 48623

Prefilled for 48623Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48623Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →

More tools for 48623

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