Is Brown City, MI 48416 a buyer’s or seller’s market?
Brown City is a seller’s market. With about 2.5 months of supply and 31% 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.
The Brown City housing market right now
In the three months ending August 31, 2026, 31% of homes in Brown City, MI 48416 sold above their list price, the typical home went under contract in 13 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (35 days then) and the median sale price fell 26% to $189,818. Overall, Brown City is more competitive than a year ago, so tougher for buyers.
Within Sanilac County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 71%.
Nearby, buyers who want less competition could look at Ubly 48475 (0% sold over asking) or Snover 48472 (0% sold over asking), while Applegate 48401 (50% sold over asking) and Melvin 48454 (50% sold over asking) are even more competitive.
Run the numbers for 48416
Nearby markets
Applegate 48401Buyer’s market $183 /sq ftCarsonville 48419Balanced $242 /sq ftCroswell 48422Seller’s market $119 /sq ftDecker 48426 — /sq ft Browse all markets →Towns like Brown City nearby
Find towns like Brown City in other states →Where Brown City is
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Questions about Brown City real estate
Is Brown City a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Brown City, MI 48416 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 Brown City?
The typical home went under contract in 13 days in the latest three months.
Do homes in Brown City sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Brown City?
About 0.90% of a home’s value a year in Sanilac County, or roughly $3,600 on a $400,000 home.
What is the median home price in Brown City?
The median sale price was $189,818 in the three months ending August 31, 2026, about $116 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