Is Munger, MI 48747 a buyer’s or seller’s market?
Munger is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Munger housing market right now
In the three months ending August 31, 2026, 0% of homes in Munger, MI 48747 sold above their list price, the typical home went under contract in 60 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 20%, homes sold more slowly (30 days then) and the median sale price rose 6% to $163,679. Overall, Munger is less competitive than a year ago, which gives buyers more room.
Within Bay County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Kawkawlin 48631 (67% sold over asking) and Auburn 48611 (44% sold over asking) are even more competitive.
Run the numbers for 48747
Nearby markets
Auburn 48611Seller’s market $165 /sq ftBay City 48706Seller’s market $129 /sq ftBay City 48708Seller’s market $104 /sq ftBentley 48613 — /sq ft Browse all markets →Towns like Munger nearby
Find towns like Munger in other states →Where Munger is
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Questions about Munger real estate
Is Munger a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Munger, MI 48747 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 Munger?
The typical home went under contract in 60 days in the latest three months.
Do homes in Munger sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.7% of the list price.
What are property taxes in Munger?
About 1.49% of a home’s value a year in Bay County, or roughly $5,960 on a $400,000 home.
What is the median home price in Munger?
The median sale price was $163,679 in the three months ending August 31, 2026, about $109 per square foot.
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More tools for 48747
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology