Is Jonesville, MI 49250 a buyer’s or seller’s market?

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

Jonesville is a seller’s market. With about 3 months of supply and 24% 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 score39/ 100

More competitive than 37% of U.S. ZIP codes, and #423 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 supply3Under 4 months = seller’s market
Sold above original list23.5%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$147▲ +18.8% vs. last year

The Jonesville housing market right now

In the three months ending August 31, 2026, 24% of homes in Jonesville, MI 49250 sold above their list price, the typical home went under contract in 58 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (50 days then) and the median sale price fell 16% to $219,905. Overall, Jonesville is more competitive than a year ago, so tougher for buyers.

Within Hillsdale County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Jonesville ranks #423 of 510 MI ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Waldron 49288 (0% sold over asking) or Pittsford 49271 (0% sold over asking), while North Adams 49262 (33% sold over asking) and Litchfield 49252 (29% sold over asking) are even more competitive.

Nearby markets

Allen 49227 — /sq ftCamden 49232Buyer’s market $206 /sq ftHillsdale 49242Balanced $147 /sq ftJerome 49249Seller’s market $196 /sq ft Browse all markets →

Where Jonesville is

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Questions about Jonesville real estate

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

A seller’s market: there were 3 months of supply in Jonesville, MI 49250 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 Jonesville?

The typical home went under contract in 58 days in the latest three months.

Do homes in Jonesville sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Jonesville?

About 0.99% of a home’s value a year in Hillsdale County, or roughly $3,960 on a $400,000 home.

What is the median home price in Jonesville?

The median sale price was $219,905 in the three months ending August 31, 2026, about $147 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