Michigan Buyer's Markets 2025 | 29 Cities with High Inventory

All 29 Buyer's Markets in Michigan

#	City	Months Supply	Median Price	Days on Market	YoY Change
1	Brooklyn	18.0 mo	$165K	58 days	N/A
2	Bridgman	15.0 mo	$370K	63 days	N/A
3	Kalkaska	13.0 mo	$170K	41 days	N/A
4	Manistee Lake	13.0 mo	$820K	35 days	N/A
5	Springfield	13.0 mo	$150K	21 days	N/A
6	Vicksburg	13.0 mo	$326K	22 days	N/A
7	Highland Park	12.3 mo	$93K	119 days	N/A
8	Norway	12.0 mo	$105K	45 days	N/A
9	Frankfort	11.5 mo	$888K	120 days	N/A
10	Detroit Beach	10.0 mo	$135K	32 days	N/A
11	Kincheloe	10.0 mo	$99K	79 days	N/A
12	Manchester	10.0 mo	$193K	225 days	N/A
13	River Rouge	9.0 mo	$122K	10 days	N/A
14	Gibraltar	8.0 mo	$150K	22 days	N/A
15	Kingsley	8.0 mo	$350K	56 days	N/A
16	Marcellus	8.0 mo	$123K	40 days	N/A
17	Rapid City	8.0 mo	$245K	29 days	N/A
18	Stony Point	8.0 mo	$65K	6 days	N/A
19	St. Joseph	7.8 mo	$228K	84 days	N/A
20	Ecorse	7.3 mo	$41K	18 days	N/A
21	Albion	7.0 mo	$207K	59 days	N/A
22	Benton Heights	7.0 mo	$90K	106 days	N/A
23	Lake Isabella	7.0 mo	$207K	32 days	N/A
24	Negaunee	7.0 mo	$225K	197 days	N/A
25	Crystal Mountain	6.5 mo	$290K	79 days	N/A
26	Hillsdale	6.5 mo	$187K	67 days	N/A
27	Mount Morris	6.5 mo	$135K	17 days	N/A
28	Detroit	6.3 mo	$100K	62 days	+13.6%
29	Dowagiac	6.3 mo	$88K	21 days	N/A

Understanding Buyer's Markets in Michigan

Michigan currently has 29 buyer's markets—cities where housing inventory exceeds 6 months. In these markets, buyers typically have more negotiating power, can take their time making decisions, and may be able to purchase below asking price.

What Makes a Good Buyer's Market?

High inventory (6+ months supply): More homes than active buyers
Longer days on market: Sellers are more motivated to negotiate
Sale prices below list: Homes often sell under asking
Price stability or decline: Less upward pressure on prices

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All 29 Buyer's Markets in Michigan

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Understanding Buyer's Markets in Michigan

What Makes a Good Buyer's Market?

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