Is National City, MI 48748 a buyer’s or seller’s market?

The National City housing market right now

In the three months ending August 31, 2026, 13% of homes in National City, MI 48748 sold above their list price, the typical home went under contract in 42 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (62 days then) and the median sale price rose 40% to $202,412. Overall, National City is about as competitive as it was a year ago.

Within Iosco County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, National City ranks #411 of 510 MI ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Whittemore 48770 (0% sold over asking) or Tawas City 48763 (0% sold over asking), while Oscoda 48750 (19% sold over asking) is even more competitive.