Is Watervliet, MI 49098 a buyer’s or seller’s market?
Watervliet is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 54% of U.S. ZIP codes, and #345 of 506 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Watervliet housing market right now
In the three months ending August 31, 2026, 27% of homes in Watervliet, MI 49098 sold above their list price, the typical home went under contract in 35 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (38 days then) and the median sale price fell 21% to $243,894. Overall, Watervliet is more competitive than a year ago, so tougher for buyers.
Within Berrien County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Sodus 49126 (0% sold over asking) or Sawyer 49125 (0% sold over asking), while Harbert 49115 (33% sold over asking) and Three Oaks 49128 (33% sold over asking) are even more competitive.
Run the numbers for 49098
Nearby markets
Baroda 49101Seller’s market $164 /sq ftBenton Harbor 49022Balanced $149 /sq ftBerrien Center 49102Buyer’s market $148 /sq ftBerrien Springs 49103Balanced $185 /sq ft Browse all markets →Towns like Watervliet nearby
Find towns like Watervliet in other states →Where Watervliet is
Loading map…
Questions about Watervliet real estate
Is Watervliet a buyer’s or seller’s market?
A buyer’s market: there were 6.7 months of supply in Watervliet, MI 49098 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 Watervliet?
The typical home went under contract in 35 days in the latest three months.
Do homes in Watervliet sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Watervliet?
About 1.08% of a home’s value a year in Berrien County, or roughly $4,320 on a $400,000 home.
What is the median home price in Watervliet?
The median sale price was $243,894 in the three months ending August 31, 2026, about $184 per square foot.
Local agents
See all agents in 49098 →No sponsored agents in 49098 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 49098
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology