Is Higgins Lake, MI 48627 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Higgins Lake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Higgins Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Roscommon County, MI

Population	65
Average income	$85,264
Median home value	$165,600
Owner-occupied	100% of homes
Median year built	1973

Natural hazard riskWinter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 48627; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 48627

Prefilled for 48627Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48627Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Houghton Lake 48629Balanced $192 /sq ft Houghton Lake Heights 48630Seller’s market $192 /sq ft Prudenville 48651Seller’s market $176 /sq ft Roscommon 48653Seller’s market $172 /sq ft Browse all markets →

Where Higgins Lake is

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Questions about Higgins Lake real estate

What are property taxes in Higgins Lake?

About 1.01% of a home’s value a year in Roscommon County, or roughly $4,040 on a $400,000 home.

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More tools for 48627

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Roscommon County property taxes Roscommon County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology