Is Fort Gratiot, MI 48059 a buyer’s or seller’s market?
Fort Gratiot is a seller’s market. With about 2.8 months of supply and 33% 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.
More competitive than 63% of U.S. ZIP codes, and #294 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fort Gratiot housing market right now
In the three months ending August 31, 2026, 33% of homes in Fort Gratiot, MI 48059 sold above their list price, the typical home went under contract in 20 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 57 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (14 days then) and the median sale price rose 5% to $284,877. Overall, Fort Gratiot is about as competitive as it was a year ago.
Within St. Clair County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Fort Gratiot ranks #294 of 510 MI ZIP codes with enough sales (score 61 out of 100).
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 48059
Nearby markets
Algonac 48001Seller’s market $207 /sq ftAllenton 48002Seller’s market $214 /sq ftAvoca 48006Seller’s market $169 /sq ftCapac 48014Seller’s market $180 /sq ft Browse all markets →Towns like Fort Gratiot nearby
Find towns like Fort Gratiot in other states →Where Fort Gratiot is
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Questions about Fort Gratiot real estate
Is Fort Gratiot a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Fort Gratiot, MI 48059 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 Fort Gratiot?
The typical home went under contract in 20 days in the latest three months.
Do homes in Fort Gratiot sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Fort Gratiot?
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 Fort Gratiot?
The median sale price was $284,877 in the three months ending August 31, 2026, about $166 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology