Is Olivet, MI 49076 a buyer’s or seller’s market?

The Olivet housing market right now

In the three months ending August 31, 2026, 44% of homes in Olivet, MI 49076 sold above their list price, the typical home went under contract in 37 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. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold about as fast and the median sale price fell 19% to $249,792. Overall, Olivet is more competitive than a year ago, so tougher for buyers.

Within Eaton County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Mulliken 48861 (0% sold over asking) or Bellevue 49021 (30% sold over asking), while Dimondale 48821 (60% sold over asking) and Sunfield 48890 (50% sold over asking) are even more competitive.