Is Mason, MI 48854 a buyer’s or seller’s market?

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

Mason is a seller’s market. With about 2.1 months of supply and 37% 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 score79/ 100

More competitive than 84% of U.S. ZIP codes, and #97 of 510 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 August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list36.5%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$164▲ +7.4% vs. last year

The Mason housing market right now

In the three months ending August 31, 2026, 37% of homes in Mason, MI 48854 sold above their list price, the typical home went under contract in 20 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (37% then), homes sold faster (31 days then) and the median sale price rose 9% to $304,868. Overall, Mason is more competitive than a year ago, so tougher for buyers.

Within Ingham County, homes here sell faster than in 93% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Mason ranks #97 of 510 MI ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Okemos 48864 (26% sold over asking) or Leslie 49251 (27% sold over asking), while Onondaga 49264 (63% sold over asking) and Holt 48842 (61% sold over asking) are even more competitive.

Nearby markets

Dansville 48819Seller’s market $156 /sq ftEast Lansing 48823Seller’s market $173 /sq ftHaslett 48840Seller’s market $184 /sq ftHolt 48842Seller’s market $153 /sq ft Browse all markets →

Questions about Mason real estate

Is Mason a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Mason, MI 48854 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mason?

The typical home went under contract in 20 days in the latest three months.

Do homes in Mason sell over asking?

37% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.

What are property taxes in Mason?

About 1.83% of a home’s value a year in Ingham County, or roughly $7,320 on a $400,000 home.

What is the median home price in Mason?

The median sale price was $304,868 in the three months ending August 31, 2026, about $164 per square foot.

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