Is Cedar, MI 49621 a buyer’s or seller’s market?
Cedar is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply6.2Under 4 months = seller’s market
Sold above original list11.8%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$278▼ −1.8% vs. last year
Run the numbers for 49621
Nearby markets
Empire 49630Balanced $336 /sq ftGlen Arbor 49636Balanced $1,296 /sq ftLake Leelanau 49653Seller’s market $386 /sq ftLeland 49654Balanced $674 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology