Is Paw Paw, MI 49079 a buyer’s or seller’s market?

The Paw Paw housing market right now

In the three months ending August 31, 2026, 30% of homes in Paw Paw, MI 49079 sold above their list price, the typical home went under contract in 11 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 58 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold about as fast and the median sale price fell 3% to $287,326. Overall, Paw Paw is about as competitive as it was a year ago.

Within Van Buren County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 82%. On our competition score, Paw Paw ranks #200 of 510 MI ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Grand Junction 49056 (0% sold over asking) or Bloomingdale 49026 (0% sold over asking), while Hartford 49057 (36% sold over asking) and Lawton 49065 (35% sold over asking) are even more competitive.