Is Buchanan, MI 49107 a buyer’s or seller’s market?

The Buchanan housing market right now

In the three months ending August 31, 2026, 26% of homes in Buchanan, MI 49107 sold above their list price, the typical home went under contract in 49 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (40 days then) and the median sale price rose 2% to $264,885. Overall, Buchanan is about as competitive as it was a year ago.

Within Berrien County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Buchanan ranks #414 of 510 MI ZIP codes with enough sales (score 41 out of 100).

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.