Is Burr Oak, MI 49030 a buyer’s or seller’s market?
Burr Oak is a seller’s market. With about 3.2 months of supply and 0% 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.
The Burr Oak housing market right now
In the three months ending August 31, 2026, 0% of homes in Burr Oak, MI 49030 sold above their list price, the typical home went under contract in 34 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 62% to $124,946. Overall, Burr Oak is about as competitive as it was a year ago.
Within St. Joseph County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Constantine 49042 (33% sold over asking) and Sturgis 49091 (22% sold over asking) are even more competitive.
Run the numbers for 49030
Nearby markets
Centreville 49032Seller’s market $151 /sq ftColon 49040Seller’s market $176 /sq ftConstantine 49042Seller’s market $147 /sq ftLeonidas 49066 — /sq ft Browse all markets →Towns like Burr Oak nearby
Find towns like Burr Oak in other states →Where Burr Oak is
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Questions about Burr Oak real estate
Is Burr Oak a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Burr Oak, MI 49030 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 Burr Oak?
The typical home went under contract in 34 days in the latest three months.
Do homes in Burr Oak sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Burr Oak?
About 1.10% of a home’s value a year in St. Joseph County, or roughly $4,400 on a $400,000 home.
What is the median home price in Burr Oak?
The median sale price was $124,946 in the three months ending August 31, 2026, about $118 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