Is Pigeon, MI 48755 a buyer’s or seller’s market?
Pigeon is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Pigeon housing market right now
In the three months ending August 31, 2026, 33% of homes in Pigeon, MI 48755 sold above their list price, the typical home went under contract in 27 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (37 days then) and the median sale price fell 31% to $153,933. Overall, Pigeon is more competitive than a year ago, so tougher for buyers.
Within Huron County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Owendale 48754 (0% sold over asking) or Elkton 48731 (0% sold over asking).
Run the numbers for 48755
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 Pigeon nearby
Find towns like Pigeon in other states →Where Pigeon is
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Questions about Pigeon real estate
Is Pigeon a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Pigeon, MI 48755 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 Pigeon?
The typical home went under contract in 27 days in the latest three months.
Do homes in Pigeon sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Pigeon?
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 Pigeon?
The median sale price was $153,933 in the three months ending August 31, 2026, about $155 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