Is Allenton, MI 48002 a buyer’s or seller’s market?
Allenton is a seller’s market. With about 1.9 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Allenton housing market right now
In the three months ending August 31, 2026, 40% of homes in Allenton, MI 48002 sold above their list price, the typical home went under contract in 19 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (27 days then) and the median sale price rose 3% to $364,842. Overall, Allenton is more competitive than a year ago, so tougher for buyers.
Within St. Clair County, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Jeddo 48032 (0% sold over asking) or Harsens Island 48028 (0% sold over asking), while Casco 48064 (70% sold over asking) and Emmett 48022 (50% sold over asking) are even more competitive.
Run the numbers for 48002
Nearby markets
Algonac 48001Seller’s market $207 /sq ftAvoca 48006Seller’s market $169 /sq ftCapac 48014Seller’s market $180 /sq ftCasco 48064Seller’s market $222 /sq ft Browse all markets →Towns like Allenton nearby
Find towns like Allenton in other states →Where Allenton is
Loading map…
Questions about Allenton real estate
Is Allenton a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Allenton, MI 48002 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Allenton?
The typical home went under contract in 19 days in the latest three months.
Do homes in Allenton sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Allenton?
About 1.14% of a home’s value a year in St. Clair County, or roughly $4,560 on a $400,000 home.
What is the median home price in Allenton?
The median sale price was $364,842 in the three months ending August 31, 2026, about $214 per square foot.
Local agents
See all agents in 48002 →No sponsored agents in 48002 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 48002
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology