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Is Prescott, MI 48756 a buyer’s or seller’s market?

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

Prescott is a buyer’s market. With about 10.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.9Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$127▲ +23.8% vs. last year

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Nearby markets

Lupton 48635Seller’s market $128 /sq ftRose City 48654Seller’s market $145 /sq ftSouth Branch 48761Seller’s market $182 /sq ftWest Branch 48661Seller’s market $158 /sq ft Browse all markets →

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