Is Vassar, MI 48768 a buyer’s or seller’s market?
Vassar is a seller’s market. With about 1.7 months of supply and 25% 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 72% of U.S. ZIP codes, and #229 of 510 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 August 31, 2026. See the breakdown
The Vassar housing market right now
In the three months ending August 31, 2026, 25% of homes in Vassar, MI 48768 sold above their list price, the typical home went under contract in 21 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (35 days then) and the median sale price rose 5% to $224,853. Overall, Vassar is more competitive than a year ago, so tougher for buyers.
Within Tuscola County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Vassar ranks #229 of 510 MI ZIP codes with enough sales (score 68 out of 100).
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 48768
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 Vassar nearby
Find towns like Vassar in other states →Where Vassar is
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Questions about Vassar real estate
Is Vassar a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Vassar, MI 48768 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 Vassar?
The typical home went under contract in 21 days in the latest three months.
Do homes in Vassar sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Vassar?
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 Vassar?
The median sale price was $224,853 in the three months ending August 31, 2026, about $134 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