Is Hemlock, MI 48626 a buyer’s or seller’s market?

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

Hemlock is a seller’s market. With about 1.5 months of supply and 53% 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 score90/ 100

More competitive than 95% of U.S. ZIP codes, and #15 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 supply1.5Under 4 months = seller’s market
Sold above original list53.3%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$127▼ −11.6% vs. last year

The Hemlock housing market right now

In the three months ending August 31, 2026, 53% of homes in Hemlock, MI 48626 sold above their list price, the typical home went under contract in 11 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (17 days then) and the median sale price fell 17% to $229,901. Overall, Hemlock is more competitive than a year ago, so tougher for buyers.

Within Saginaw County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 94%. On our competition score, Hemlock ranks #15 of 510 MI ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Carrollton 48724 (0% sold over asking) or Frankenmuth 48734 (9% sold over asking), while Saginaw 48607 (100% sold over asking) is even more competitive.

Nearby markets

Birch Run 48415Seller’s market $162 /sq ftBrant 48614 $122 /sq ftBridgeport 48722Seller’s market $131 /sq ftBurt 48417Seller’s market $111 /sq ft Browse all markets →

Where Hemlock is

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Questions about Hemlock real estate

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

A seller’s market: there were 1.5 months of supply in Hemlock, MI 48626 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 Hemlock?

The typical home went under contract in 11 days in the latest three months.

Do homes in Hemlock sell over asking?

53% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Hemlock?

About 1.49% of a home’s value a year in Saginaw County, or roughly $5,960 on a $400,000 home.

What is the median home price in Hemlock?

The median sale price was $229,901 in the three months ending August 31, 2026, about $127 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