Is Ravenna, MI 49451 a buyer’s or seller’s market?

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

Ravenna is a seller’s market. With about 0.9 months of supply and 36% 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 supply0.9Under 4 months = seller’s market

Sold above original list35.7%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market15Listing to accepted offer

Median price per sq ft$163▲ +8.6% vs. last year

Run the numbers for 49451

Prefilled for 49451Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49451Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bailey 49303Buyer’s market $190 /sq ft Casnovia 49318Buyer’s market $90 /sq ft Fruitport 49415Seller’s market $213 /sq ft Holton 49425Seller’s market $180 /sq ft Browse all markets →

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