Is Cassopolis, MI 49031 a buyer’s or seller’s market?

The Cassopolis housing market right now

In the three months ending August 31, 2026, 25% of homes in Cassopolis, MI 49031 sold above their list price, the typical home went under contract in 37 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (39 days then) and the median sale price rose 13% to $263,336. Overall, Cassopolis is more competitive than a year ago, so tougher for buyers.

Within Cass County, homes here sell faster than in 83% 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, Cassopolis ranks #367 of 510 MI ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Jones 49061 (0% sold over asking) or Dowagiac 49047 (9% sold over asking).