Is Luzerne, MI 48636 a buyer’s or seller’s market?
Luzerne is a seller’s market. With about 2.9 months of supply and 30% 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 supply2.9Under 4 months = seller’s market
Sold above original list30%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$135▲ +5.3% vs. last year
Run the numbers for 48636
Nearby markets
Comins 48619Buyer’s market $81 /sq ftFairview 48621Buyer’s market $134 /sq ftLewiston 49756Seller’s market $178 /sq ftMio 48647Buyer’s market $121 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology