Is Imlay City, MI 48444 a buyer’s or seller’s market?

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

Imlay City is a seller’s market. With about 3.1 months of supply and 25% 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 score55/ 100

More competitive than 57% of U.S. ZIP codes, and #322 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 supply3.1Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$145▼ −16.3% vs. last year

The Imlay City housing market right now

In the three months ending August 31, 2026, 25% of homes in Imlay City, MI 48444 sold above their list price, the typical home went under contract in 46 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold more slowly (15 days then) and the median sale price rose 7% to $322,361. Overall, Imlay City is less competitive than a year ago, which gives buyers more room.

Within Lapeer County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 70%. On our competition score, Imlay City ranks #322 of 510 MI ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Silverwood 48760 (0% sold over asking) or Otter Lake 48464 (10% sold over asking), while Clifford 48727 (67% sold over asking) and North Branch 48461 (45% sold over asking) are even more competitive.

Nearby markets

Almont 48003Seller’s market $222 /sq ftAttica 48412Seller’s market $195 /sq ftClifford 48727Seller’s market $157 /sq ftColumbiaville 48421Seller’s market $165 /sq ft Browse all markets →

Where Imlay City is

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Questions about Imlay City real estate

Is Imlay City a buyer’s or seller’s market?

A seller’s market: there were 3.1 months of supply in Imlay City, MI 48444 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 Imlay City?

The typical home went under contract in 46 days in the latest three months.

Do homes in Imlay City sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Imlay City?

About 0.92% of a home’s value a year in Lapeer County, or roughly $3,680 on a $400,000 home.

What is the median home price in Imlay City?

The median sale price was $322,361 in the three months ending August 31, 2026, about $145 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