Is Mayville, MI 48744 a buyer’s or seller’s market?
Mayville is a seller’s market. With about 2 months of supply and 27% 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.
More competitive than 50% of U.S. ZIP codes, and #364 of 506 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 July 31, 2026. See the breakdown
The Mayville housing market right now
In the three months ending August 31, 2026, 27% of homes in Mayville, MI 48744 sold above their list price, the typical home went under contract in 52 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (30 days then) and the median sale price rose 35% to $252,891. Overall, Mayville is less competitive than a year ago, which gives buyers more room.
Within Tuscola County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Kingston 48741 (0% sold over asking) or Deford 48729 (0% sold over asking), while Fostoria 48435 (50% sold over asking) and Caro 48723 (38% sold over asking) are even more competitive.
Run the numbers for 48744
Nearby markets
Akron 48701Balanced $108 /sq ftCaro 48723Seller’s market $133 /sq ftCass City 48726Seller’s market $137 /sq ftDeford 48729Buyer’s market $132 /sq ft Browse all markets →Towns like Mayville nearby
Find towns like Mayville in other states →Where Mayville is
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Questions about Mayville real estate
Is Mayville a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Mayville, MI 48744 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 Mayville?
The typical home went under contract in 52 days in the latest three months.
Do homes in Mayville sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Mayville?
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 Mayville?
The median sale price was $252,891 in the three months ending August 31, 2026, about $162 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