Is Grand Marais, MI 49839 a buyer’s or seller’s market?
Grand Marais is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$443▲ +102.8% vs. last year
Run the numbers for 49839
Nearby markets
Au Train 49806Buyer’s market $335 /sq ftChatham 49816Seller’s market $291 /sq ftDeerton 49822Seller’s market $173 /sq ftEben Junction 49825 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology