Is Fair Haven, MI 48023 a buyer’s or seller’s market?

The Fair Haven housing market right now

In the three months ending August 31, 2026, 33% of homes in Fair Haven, MI 48023 sold above their list price, the typical home went under contract in 53 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (42 days then) and the median sale price rose 27% to $394,829. Overall, Fair Haven is more competitive than a year ago, so tougher for buyers.

Within St. Clair County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in 75%.

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.