Is Manitou Beach, MI 49253 a buyer’s or seller’s market?

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

Manitou Beach is a seller’s market. With about 3.7 months of supply and 15% 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 score29/ 100

More competitive than 24% of U.S. ZIP codes, and #462 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 supply3.7Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$400▲ +41.7% vs. last year

The Manitou Beach housing market right now

In the three months ending August 31, 2026, 15% of homes in Manitou Beach, MI 49253 sold above their list price, the typical home went under contract in 58 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 21 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (31 days then) and the median sale price rose 117% to $753,449. Overall, Manitou Beach is about as competitive as it was a year ago.

Within Lenawee County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Manitou Beach ranks #462 of 510 MI ZIP codes with enough sales (score 29 out of 100).

Nearby, buyers who want less competition could look at Jasper 49248 (0% sold over asking) or Tipton 49287 (10% sold over asking), while Clayton 49235 (100% sold over asking) and Sand Creek 49279 (100% sold over asking) are even more competitive.

Nearby markets

Addison 49220Buyer’s market $190 /sq ftAdrian 49221Seller’s market $134 /sq ftBlissfield 49228Seller’s market $179 /sq ftBritton 49229Seller’s market $236 /sq ft Browse all markets →

Where Manitou Beach is

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Questions about Manitou Beach real estate

Is Manitou Beach a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Manitou Beach, MI 49253 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 Manitou Beach?

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

Do homes in Manitou Beach sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Manitou Beach?

About 1.27% of a home’s value a year in Lenawee County, or roughly $5,080 on a $400,000 home.

What is the median home price in Manitou Beach?

The median sale price was $753,449 in the three months ending August 31, 2026, about $400 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