Is Keego Harbor, MI 48320 a buyer’s or seller’s market?
Keego Harbor is a seller’s market. With about 1.6 months of supply and 17% 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 52% of U.S. ZIP codes, and #345 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 Keego Harbor housing market right now
In the three months ending August 31, 2026, 17% of homes in Keego Harbor, MI 48320 sold above their list price, the typical home went under contract in 37 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold more slowly (25 days then) and the median sale price fell 2% to $282,378. Overall, Keego Harbor is about as competitive as it was a year ago.
Within Oakland County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 97%. On our competition score, Keego Harbor ranks #345 of 510 MI ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.
Run the numbers for 48320
Nearby markets
Auburn Hills 48326Seller’s market $187 /sq ftBerkley 48072Seller’s market $227 /sq ftBirmingham 48009Seller’s market $377 /sq ftBloomfield Hills 48301Seller’s market $271 /sq ft Browse all markets →Towns like Keego Harbor nearby
Find towns like Keego Harbor in other states →Where Keego Harbor is
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Questions about Keego Harbor real estate
Is Keego Harbor a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Keego Harbor, MI 48320 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 Keego Harbor?
The typical home went under contract in 37 days in the latest three months.
Do homes in Keego Harbor sell over asking?
17% 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 Keego Harbor?
About 1.27% of a home’s value a year in Oakland County, or roughly $5,080 on a $400,000 home.
What is the median home price in Keego Harbor?
The median sale price was $282,378 in the three months ending August 31, 2026, about $192 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