Is North Branch, MI 48461 a buyer’s or seller’s market?
North Branch is a seller’s market. With about 2 months of supply and 45% 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 81% of U.S. ZIP codes, and #141 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 North Branch housing market right now
In the three months ending August 31, 2026, 45% of homes in North Branch, MI 48461 sold above their list price, the typical home went under contract in 22 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (43% then), homes sold faster (29 days then) and the median sale price rose 2% to $275,631. Overall, North Branch is more competitive than a year ago, so tougher for buyers.
Within Lapeer County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 90%. On our competition score, North Branch ranks #141 of 510 MI ZIP codes with enough sales (score 76 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) is even more competitive.
Run the numbers for 48461
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 →Towns like North Branch nearby
Find towns like North Branch in other states →Where North Branch is
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Questions about North Branch real estate
Is North Branch a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in North Branch, MI 48461 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 North Branch?
The typical home went under contract in 22 days in the latest three months.
Do homes in North Branch sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in North Branch?
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 North Branch?
The median sale price was $275,631 in the three months ending August 31, 2026, about $168 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