Is Concord, MI 49237 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Concord is a seller’s market. With about 1.3 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score61/ 100

More competitive than 63% of U.S. ZIP codes, and #296 of 510 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 August 31, 2026. See the breakdown

Months of supply1.3Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$139▼ −1.1% vs. last year

The Concord housing market right now

In the three months ending August 31, 2026, 20% of homes in Concord, MI 49237 sold above their list price, the typical home went under contract in 39 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (58 days then) and the median sale price fell 21% to $259,888. Overall, Concord is more competitive than a year ago, so tougher for buyers.

Within Jackson County, homes here sell faster than in 76% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Concord ranks #296 of 510 MI ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Napoleon 49261 (0% sold over asking) or Horton 49246 (8% sold over asking), while Spring Arbor 49283 (63% sold over asking) and Munith 49259 (50% sold over asking) are even more competitive.

Nearby markets

Brooklyn 49230Seller’s market $183 /sq ftCement City 49233Seller’s market $196 /sq ftClarklake 49234Balanced $355 /sq ftGrass Lake 49240Seller’s market $193 /sq ft Browse all markets →

Where Concord is

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Questions about Concord real estate

Is Concord a buyer’s or seller’s market?

A seller’s market: there were 1.3 months of supply in Concord, MI 49237 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 Concord?

The typical home went under contract in 39 days in the latest three months.

Do homes in Concord sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in Concord?

About 1.26% of a home’s value a year in Jackson County, or roughly $5,040 on a $400,000 home.

What is the median home price in Concord?

The median sale price was $259,888 in the three months ending August 31, 2026, about $139 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology