Is Allegan, MI 49010 a buyer’s or seller’s market?

The Allegan housing market right now

In the three months ending August 31, 2026, 31% of homes in Allegan, MI 49010 sold above their list price, the typical home went under contract in 17 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 92 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (11 days then) and the median sale price rose 5% to $301,869. Overall, Allegan is less competitive than a year ago, which gives buyers more room.

Within Allegan County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Allegan ranks #180 of 510 MI ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Pullman 49450 (0% sold over asking) or Douglas 49406 (0% sold over asking), while Dorr 49323 (64% sold over asking) and Martin 49070 (50% sold over asking) are even more competitive.