Is Jerome, MI 49249 a buyer’s or seller’s market?

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

Jerome is a seller’s market. With about 2.6 months of supply and 7% 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 supply2.6Under 4 months = seller’s market

Sold above original list6.7%Share of sales, last 3 months

Median sale-to-list95.2%Sold price ÷ list price

Median days on market71Listing to accepted offer

Median price per sq ft$196▼ −2.4% vs. last year

Run the numbers for 49249

Prefilled for 49249Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49249Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allen 49227 — /sq ft Camden 49232Buyer’s market $206 /sq ft Hillsdale 49242Balanced $147 /sq ft Jonesville 49250Seller’s market $147 /sq ft Browse all markets →

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