Is Laingsburg, MI 48848 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Laingsburg is a seller’s market. With about 2.8 months of supply and 48% 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.

Competition score82/ 100

More competitive than 88% of U.S. ZIP codes, and #67 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

Months of supply2.8Under 4 months = seller’s market
Sold above original list47.8%Share of sales, last 3 months
Median sale-to-list102.4%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$177▲ +0.0% vs. last year

The Laingsburg housing market right now

In the three months ending August 31, 2026, 48% of homes in Laingsburg, MI 48848 sold above their list price, the typical home went under contract in 20 days and there were 2.8 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 rose from 38%, homes sold faster (32 days then) and the median sale price fell 2% to $309,866. Overall, Laingsburg is more competitive than a year ago, so tougher for buyers.

Within Shiawassee County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Laingsburg ranks #67 of 510 MI ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at New Lothrop 48460 (0% sold over asking) or Lennon 48449 (17% sold over asking), while Bancroft 48414 (83% sold over asking) and Morrice 48857 (80% sold over asking) are even more competitive.

Nearby markets

Bancroft 48414Seller’s market $186 /sq ftByron 48418Seller’s market $177 /sq ftCorunna 48817Seller’s market $108 /sq ftDurand 48429Seller’s market $145 /sq ft Browse all markets →

Where Laingsburg is

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Questions about Laingsburg real estate

Is Laingsburg a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Laingsburg, MI 48848 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 Laingsburg?

The typical home went under contract in 20 days in the latest three months.

Do homes in Laingsburg sell over asking?

48% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.

What are property taxes in Laingsburg?

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

What is the median home price in Laingsburg?

The median sale price was $309,866 in the three months ending August 31, 2026, about $177 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