Is Spruce, MI 48762 a buyer’s or seller’s market?

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

Spruce is a seller’s market. With about 2.3 months of supply and 14% 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 supply2.3Under 4 months = seller’s market

Sold above original list14.3%Share of sales, last 3 months

Median sale-to-list98.2%Sold price ÷ list price

Median days on market30Listing to accepted offer

Median price per sq ft$106▼ −23.2% vs. last year

Run the numbers for 48762

Prefilled for 48762Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48762Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barton City 48705Balanced $153 /sq ft Black River 48721Seller’s market $152 /sq ft Curran 48728Buyer’s market $173 /sq ft Glennie 48737Buyer’s market $96 /sq ft Browse all markets →

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