Is Buchanan, MI 49107 a buyer’s or seller’s market?

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

Buchanan is a seller’s market. With about 3.7 months of supply and 26% 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 supply3.7Under 4 months = seller’s market

Sold above original list25.9%Share of sales, last 3 months

Median sale-to-list96.9%Sold price ÷ list price

Median days on market49Listing to accepted offer

Median price per sq ft$144▼ −14.2% vs. last year

Run the numbers for 49107

Prefilled for 49107Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49107Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baroda 49101Seller’s market $164 /sq ft Benton Harbor 49022Balanced $149 /sq ft Berrien Center 49102Buyer’s market $148 /sq ft Berrien Springs 49103Balanced $185 /sq ft Browse all markets →

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