Is Owendale, MI 48754 a buyer’s or seller’s market?
Owendale 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 Owendale housing market right now
In the three months ending August 31, 2026, 0% of homes in Owendale, MI 48754 sold above their list price, the typical home went under contract in 86 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 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (42 days then) and the median sale price rose 39% to $219,905. Overall, Owendale is less competitive than a year ago, which gives buyers more room.
Within Huron County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Port Hope 48468 (33% sold over asking) and Pigeon 48755 (33% sold over asking) are even more competitive.
Run the numbers for 48754
Nearby markets
Bad Axe 48413Seller’s market $115 /sq ftBay Port 48720 — /sq ftCaseville 48725Seller’s market $188 /sq ftElkton 48731Seller’s market $106 /sq ft Browse all markets →Towns like Owendale nearby
Find towns like Owendale in other states →Where Owendale is
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Questions about Owendale real estate
Is Owendale a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Owendale, MI 48754 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 Owendale?
The typical home went under contract in 86 days in the latest three months.
Do homes in Owendale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 88.4% of the list price.
What are property taxes in Owendale?
About 1.19% of a home’s value a year in Huron County, or roughly $4,760 on a $400,000 home.
What is the median home price in Owendale?
The median sale price was $219,905 in the three months ending August 31, 2026, about $191 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