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Is Deford, MI 48729 a buyer’s or seller’s market?

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

Deford is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$132

The Deford housing market right now

In the three months ending August 31, 2026, 0% of homes in Deford, MI 48729 sold above their list price, the typical home went under contract in 39 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Tuscola County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Fostoria 48435 (50% sold over asking) and Caro 48723 (38% sold over asking) are even more competitive.

Run the numbers for 48729

Prefilled for 48729Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48729Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Akron 48701Balanced $108 /sq ftCaro 48723Seller’s market $133 /sq ftCass City 48726Seller’s market $137 /sq ftFairgrove 48733Seller’s market $72 /sq ft Browse all markets →

Towns like Deford nearby

Find towns like Deford in other states →
Peck, MI48466 · 23 miles away90% similarcheaper homes ($61K less) Snover, MI48472 · 12 miles away87% similarcheaper homes ($52K less) Croswell, MI48422 · 31 miles away87% similarcheaper homes ($40K less) · larger Ubly, MI48475 · 18 miles away83% similarcheaper homes ($51K less)

Where Deford is

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Questions about Deford real estate

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

A buyer’s market: there were 12.8 months of supply in Deford, MI 48729 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 Deford?

The typical home went under contract in 39 days in the latest three months.

Do homes in Deford sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What are property taxes in Deford?

About 1.21% of a home’s value a year in Tuscola County, or roughly $4,840 on a $400,000 home.

What is the median home price in Deford?

The median sale price was $309,866 in the three months ending August 31, 2026, about $132 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