Is Henderson, MI 48841 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Henderson is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Henderson housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Shiawassee County, MI

Population	729
Median income	$60,156
Average income	$77,555
Median home value	$164,000
Median rent	$915/month
Owner-occupied	84% of homes
Median year built	1949

Natural hazard riskTornadoes (relatively high), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 48841; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 48841

Prefilled for 48841Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48841Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bancroft 48414Seller’s market $186 /sq ft Byron 48418Seller’s market $177 /sq ft Corunna 48817Seller’s market $108 /sq ft Durand 48429Seller’s market $145 /sq ft Browse all markets →

Where Henderson is

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Questions about Henderson real estate

What are property taxes in Henderson?

About 1.31% of a home’s value a year in Shiawassee County, or roughly $5,240 on a $400,000 home.

Local agents

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More tools for 48841

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Shiawassee County property taxes Shiawassee County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology