Is Au Gres, MI 48703 a buyer’s or seller’s market?
Au Gres is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 9% of U.S. ZIP codes, and #496 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 Au Gres housing market right now
In the three months ending August 31, 2026, 11% of homes in Au Gres, MI 48703 sold above their list price, the typical home went under contract in 57 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold more slowly (44 days then) and the median sale price rose 60% to $339,853. Overall, Au Gres is more competitive than a year ago, so tougher for buyers.
Within Arenac County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Au Gres ranks #496 of 510 MI ZIP codes with enough sales (score 16 out of 100).
Nearby, buyers who want less competition could look at Twining 48766 (0% sold over asking) or Turner 48765 (0% sold over asking).
Run the numbers for 48703
Nearby markets
Omer 48749Balanced $456 /sq ftStandish 48658Balanced $135 /sq ftSterling 48659Seller’s market $137 /sq ftTurner 48765Balanced $92 /sq ft Browse all markets →Towns like Au Gres nearby
Find towns like Au Gres in other states →Where Au Gres is
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Questions about Au Gres real estate
Is Au Gres a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Au Gres, MI 48703 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 Au Gres?
The typical home went under contract in 57 days in the latest three months.
Do homes in Au Gres sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.
What are property taxes in Au Gres?
About 1.13% of a home’s value a year in Arenac County, or roughly $4,520 on a $400,000 home.
What is the median home price in Au Gres?
The median sale price was $339,853 in the three months ending August 31, 2026, about $160 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