Is Marlette, MI 48453 a buyer’s or seller’s market?

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

Marlette is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.8Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$145▲ +55.4% vs. last year

The Marlette housing market right now

In the three months ending August 31, 2026, 14% of homes in Marlette, MI 48453 sold above their list price, the typical home went under contract in 36 days and there were 7.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (21 days then) and the median sale price rose 7% to $183,920. Overall, Marlette is about as competitive as it was a year ago.

Within Sanilac County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%.

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.

Nearby markets

Applegate 48401Buyer’s market $183 /sq ftBrown City 48416Seller’s market $116 /sq ftCarsonville 48419Balanced $242 /sq ftCroswell 48422Seller’s market $119 /sq ft Browse all markets →

Where Marlette is

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Questions about Marlette real estate

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

A buyer’s market: there were 7.8 months of supply in Marlette, MI 48453 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 Marlette?

The typical home went under contract in 36 days in the latest three months.

Do homes in Marlette sell over asking?

14% 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 Marlette?

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 Marlette?

The median sale price was $183,920 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