Is Central Lake, MI 49622 a buyer’s or seller’s market?
Central Lake is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.7Under 4 months = seller’s market
Sold above original list5.3%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$278▼ −0.8% vs. last year
Run the numbers for 49622
Nearby markets
Alba 49611 — /sq ftAlden 49612Buyer’s market $317 /sq ftBellaire 49615Seller’s market $251 /sq ftEast Jordan 49727Buyer’s market $205 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology