Is Bitely, MI 49309 a buyer’s or seller’s market?
Bitely is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Bitely housing market right now
In the three months ending August 31, 2026, 44% of homes in Bitely, MI 49309 sold above their list price, the typical home went under contract in 19 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 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 14%, homes sold faster (41 days then) and the median sale price rose 11% to $199,913. Overall, Bitely is more competitive than a year ago, so tougher for buyers.
Within Newaygo 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 Paris 49338 (0% sold over asking) or Brohman 49312 (0% sold over asking).
Run the numbers for 49309
Nearby markets
Brohman 49312Seller’s market $94 /sq ftFremont 49412Seller’s market $171 /sq ftGrant 49327Seller’s market $174 /sq ftNewaygo 49337Balanced $198 /sq ft Browse all markets →Towns like Bitely nearby
Find towns like Bitely in other states →Where Bitely is
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Questions about Bitely real estate
Is Bitely a buyer’s or seller’s market?
A buyer’s market: there were 6.8 months of supply in Bitely, MI 49309 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 Bitely?
The typical home went under contract in 19 days in the latest three months.
Do homes in Bitely sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Bitely?
About 1.10% of a home’s value a year in Newaygo County, or roughly $4,400 on a $400,000 home.
What is the median home price in Bitely?
The median sale price was $199,913 in the three months ending August 31, 2026, about $214 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