Is Portland, MI 48875 a buyer’s or seller’s market?
Portland is a seller’s market. With about 1.2 months of supply and 34% 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 supply1.2Under 4 months = seller’s market
Sold above original list34.4%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$178▲ +11.5% vs. last year
Run the numbers for 48875
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