Is Gregory, MI 48137 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gregory is a seller’s market. With about 1.1 months of supply and 27% 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.

Competition score68/ 100

More competitive than 72% of U.S. ZIP codes, and #231 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

Months of supply1.1Under 4 months = seller’s market
Sold above original list26.9%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$228▲ +1.8% vs. last year

The Gregory housing market right now

In the three months ending August 31, 2026, 27% of homes in Gregory, MI 48137 sold above their list price, the typical home went under contract in 35 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (26% then), homes sold faster (42 days then) and the median sale price rose 1% to $384,833. Overall, Gregory is about as competitive as it was a year ago.

Within Livingston County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Gregory ranks #231 of 510 MI ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Cohoctah 48816 (0% sold over asking) or Lakeland 48143 (0% sold over asking), while Howell 48855 (51% sold over asking) and Brighton 48116 (42% sold over asking) are even more competitive.

Nearby markets

Brighton 48114Seller’s market $213 /sq ftBrighton 48116Seller’s market $216 /sq ftCohoctah 48816 $160 /sq ftFenton 48430Seller’s market $210 /sq ft Browse all markets →

Where Gregory is

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Questions about Gregory real estate

Is Gregory a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Gregory, MI 48137 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 Gregory?

The typical home went under contract in 35 days in the latest three months.

Do homes in Gregory sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Gregory?

About 0.97% of a home’s value a year in Livingston County, or roughly $3,880 on a $400,000 home.

What is the median home price in Gregory?

The median sale price was $384,833 in the three months ending August 31, 2026, about $228 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