Is Durand, MI 48429 a buyer’s or seller’s market?

The Durand housing market right now

In the three months ending August 31, 2026, 59% of homes in Durand, MI 48429 sold above their list price, the typical home went under contract in 13 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (20 days then) and the median sale price rose 17% to $194,916. Overall, Durand is more competitive than a year ago, so tougher for buyers.

Within Shiawassee County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Durand ranks #20 of 510 MI ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at New Lothrop 48460 (0% sold over asking) or Lennon 48449 (17% sold over asking), while Bancroft 48414 (83% sold over asking) and Morrice 48857 (80% sold over asking) are even more competitive.