Is Mancelona, MI 49659 a buyer’s or seller’s market?

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

Mancelona is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market

Sold above original list14.3%Share of sales, last 3 months

Median sale-to-list96.1%Sold price ÷ list price

Median days on market58Listing to accepted offer

Median price per sq ft$170▲ +0.3% vs. last year

Run the numbers for 49659

Prefilled for 49659Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49659Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alba 49611 — /sq ft Alden 49612Buyer’s market $317 /sq ft Bellaire 49615Seller’s market $251 /sq ft Central Lake 49622Balanced $278 /sq ft Browse all markets →

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