Is Fairview, MI 48621 a buyer’s or seller’s market?
Fairview is a buyer’s market. With about 9.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Fairview housing market right now
In the three months ending August 31, 2026, 50% of homes in Fairview, MI 48621 sold above their list price, the typical home went under contract in 27 days and there were 9.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 40%, homes sold faster (37 days then) and the median sale price fell 37% to $180,922. Overall, Fairview is more competitive than a year ago, so tougher for buyers.
Within Oscoda County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Mio 48647 (17% sold over asking) or Lewiston 49756 (20% sold over asking).
Run the numbers for 48621
Nearby markets
Comins 48619Buyer’s market $81 /sq ftLewiston 49756Seller’s market $178 /sq ftLuzerne 48636Seller’s market $135 /sq ftMio 48647Buyer’s market $121 /sq ft Browse all markets →Towns like Fairview nearby
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Questions about Fairview real estate
Is Fairview a buyer’s or seller’s market?
A buyer’s market: there were 9.1 months of supply in Fairview, MI 48621 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 Fairview?
The typical home went under contract in 27 days in the latest three months.
Do homes in Fairview sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Fairview?
About 0.94% of a home’s value a year in Oscoda County, or roughly $3,760 on a $400,000 home.
What is the median home price in Fairview?
The median sale price was $180,922 in the three months ending August 31, 2026, about $134 per square foot.
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More tools for 48621
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology