Is Empire, MI 49630 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Empire is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.1Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$336▼ −4.8% vs. last year

Nearby markets

Cedar 49621Buyer’s market $278 /sq ftGlen Arbor 49636Balanced $1,296 /sq ftLake Leelanau 49653Seller’s market $386 /sq ftLeland 49654Balanced $674 /sq ft Browse all markets →

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