Is Garden City, MI 48135 a buyer’s or seller’s market?
Garden City is a seller’s market. With about 1.2 months of supply and 44% 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 91% of U.S. ZIP codes, and #40 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 Garden City housing market right now
In the three months ending August 31, 2026, 44% of homes in Garden City, MI 48135 sold above their list price, the typical home went under contract in 17 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 134 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (43% then), homes sold more slowly (13 days then) and the median sale price rose 1% to $224,353. Overall, Garden City is about as competitive as it was a year ago.
Within Wayne County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Garden City ranks #40 of 510 MI ZIP codes with enough sales (score 86 out of 100).
Nearby, buyers who want less competition could look at Dearborn 48120 (0% sold over asking) or Detroit 48201 (5% sold over asking), while Dearborn 48128 (72% sold over asking) and Livonia 48154 (59% sold over asking) are even more competitive.
Run the numbers for 48135
Nearby markets
Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftCanton 48188Seller’s market $192 /sq ft Browse all markets →Towns like Garden City nearby
Find towns like Garden City in other states →Where Garden City is
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Questions about Garden City real estate
Is Garden City a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Garden City, MI 48135 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 Garden City?
The typical home went under contract in 17 days in the latest three months.
Do homes in Garden City sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Garden City?
About 1.63% of a home’s value a year in Wayne County, or roughly $6,520 on a $400,000 home.
What is the median home price in Garden City?
The median sale price was $224,353 in the three months ending August 31, 2026, about $171 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