Is North Adams, MI 49262 a buyer’s or seller’s market?
North Adams is a seller’s market. With about 0.5 months of supply and 33% 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.
The North Adams housing market right now
In the three months ending August 31, 2026, 33% of homes in North Adams, MI 49262 sold above their list price, the typical home went under contract in 50 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (77 days then) and the median sale price rose 41% to $247,443. Overall, North Adams is more competitive than a year ago, so tougher for buyers.
Within Hillsdale County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Waldron 49288 (0% sold over asking) or Pittsford 49271 (0% sold over asking).
Run the numbers for 49262
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 →Towns like North Adams nearby
Find towns like North Adams in other states →Where North Adams is
Loading map…
Questions about North Adams real estate
Is North Adams a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in North Adams, MI 49262 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 North Adams?
The typical home went under contract in 50 days in the latest three months.
Do homes in North Adams sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in North Adams?
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 North Adams?
The median sale price was $247,443 in the three months ending August 31, 2026, about $139 per square foot.
Local agents
See all agents in 49262 →No sponsored agents in 49262 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 49262
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology