Is Harrisville, MI 48740 a buyer’s or seller’s market?
Harrisville 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.
The Harrisville housing market right now
In the three months ending August 31, 2026, 0% of homes in Harrisville, MI 48740 sold above their list price, the typical home went under contract in 46 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 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (38 days then) and the median sale price fell 19% to $299,870. Overall, Harrisville is less competitive than a year ago, which gives buyers more room.
Within Alcona County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Barton City 48705 (33% sold over asking) and Spruce 48762 (14% sold over asking) are even more competitive.
Run the numbers for 48740
Nearby markets
Barton City 48705Balanced $153 /sq ftBlack River 48721Seller’s market $152 /sq ftCurran 48728Buyer’s market $173 /sq ftGlennie 48737Buyer’s market $96 /sq ft Browse all markets →Towns like Harrisville nearby
Find towns like Harrisville in other states →Where Harrisville is
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Questions about Harrisville real estate
Is Harrisville a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Harrisville, MI 48740 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 Harrisville?
The typical home went under contract in 46 days in the latest three months.
Do homes in Harrisville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Harrisville?
About 0.82% of a home’s value a year in Alcona County, or roughly $3,280 on a $400,000 home.
What is the median home price in Harrisville?
The median sale price was $299,870 in the three months ending August 31, 2026, about $133 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