Is Caro, MI 48723 a buyer’s or seller’s market?

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

Caro is a seller’s market. With about 2.7 months of supply and 38% 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 list38.4%Share of sales, last 3 months

Median sale-to-list98.3%Sold price ÷ list price

Median days on market23Listing to accepted offer

Median price per sq ft$133▲ +17.4% vs. last year

Run the numbers for 48723

Prefilled for 48723Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48723Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Akron 48701Balanced $108 /sq ft Cass City 48726Seller’s market $137 /sq ft Deford 48729Buyer’s market $132 /sq ft Fairgrove 48733Seller’s market $72 /sq ft Browse all markets →

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