Is Ithaca, MI 48847 a buyer’s or seller’s market?
Ithaca is a seller’s market. With about 3.2 months of supply and 17% 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.
Competition score43/ 100
More competitive than 43% of U.S. ZIP codes, and #396 of 506 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
Months of supply3.2Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$123▲ +16.1% vs. last year
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Nearby markets
Alma 48801Seller’s market $112 /sq ftAshley 48806Seller’s market $112 /sq ftBannister 48807Seller’s market $137 /sq ftBreckenridge 48615Seller’s market $120 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology