Is Howell, MI 48855 a buyer’s or seller’s market?
Howell is a seller’s market. With about 1.8 months of supply and 51% 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 88% of U.S. ZIP codes, and #62 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 Howell housing market right now
In the three months ending August 31, 2026, 51% of homes in Howell, MI 48855 sold above their list price, the typical home went under contract in 28 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 82 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold about as fast and the median sale price rose 12% to $409,323. Overall, Howell is more competitive than a year ago, so tougher for buyers.
Within Livingston County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Howell ranks #62 of 510 MI ZIP codes with enough sales (score 83 out of 100).
Nearby, buyers who want less competition could look at Cohoctah 48816 (0% sold over asking) or Lakeland 48143 (0% sold over asking).
Run the numbers for 48855
Nearby markets
Brighton 48114Seller’s market $213 /sq ftBrighton 48116Seller’s market $216 /sq ftCohoctah 48816 $160 /sq ftFenton 48430Seller’s market $210 /sq ft Browse all markets →Towns like Howell nearby
Find towns like Howell in other states →Where Howell is
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Questions about Howell real estate
Is Howell a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Howell, MI 48855 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 Howell?
The typical home went under contract in 28 days in the latest three months.
Do homes in Howell sell over asking?
51% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Howell?
About 0.97% of a home’s value a year in Livingston County, or roughly $3,880 on a $400,000 home.
What is the median home price in Howell?
The median sale price was $409,323 in the three months ending August 31, 2026, about $192 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