Is Orleans, MI 48865 a buyer’s or seller’s market?
Orleans is a seller’s market. With about 2.7 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 supply2.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$161▲ +6.3% vs. last year
Run the numbers for 48865
Nearby markets
Belding 48809Seller’s market $187 /sq ftClarksville 48815Seller’s market $213 /sq ftHubbardston 48845Buyer’s market $164 /sq ftIonia 48846Seller’s market $146 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology