Is Onsted, MI 49265 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Onsted is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score43/ 100

More competitive than 42% of U.S. ZIP codes, and #402 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 supply4.8Under 4 months = seller’s market
Sold above original list27.3%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$159▼ −26.2% vs. last year

The Onsted housing market right now

In the three months ending August 31, 2026, 27% of homes in Onsted, MI 49265 sold above their list price, the typical home went under contract in 44 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (36 days then) and the median sale price fell 15% to $287,376. Overall, Onsted is more competitive than a year ago, so tougher for buyers.

Within Lenawee County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Onsted ranks #402 of 510 MI ZIP codes with enough sales (score 43 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 Onsted is

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Questions about Onsted real estate

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

A balanced market: there were 4.8 months of supply in Onsted, MI 49265 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 Onsted?

The typical home went under contract in 44 days in the latest three months.

Do homes in Onsted sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Onsted?

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 Onsted?

The median sale price was $287,376 in the three months ending August 31, 2026, about $159 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