Is Elsie, MI 48831 a buyer’s or seller’s market?

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

Elsie is a seller’s market. With about 1.8 months of supply and 33% 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 supply1.8Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list98.9%Sold price ÷ list price

Median days on market64Listing to accepted offer

Median price per sq ft$149▲ +43.7% vs. last year

Run the numbers for 48831

Prefilled for 48831Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48831Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bath 48808Balanced $208 /sq ft Dewitt 48820Seller’s market $181 /sq ft Eagle 48822Seller’s market $176 /sq ft Fowler 48835Seller’s market $158 /sq ft Browse all markets →

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