Is Hopkins, MI 49328 a buyer’s or seller’s market?
Hopkins is a seller’s market. With about 2.7 months of supply and 43% 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 Hopkins housing market right now
In the three months ending August 31, 2026, 43% of homes in Hopkins, MI 49328 sold above their list price, the typical home went under contract in 40 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 75%, homes sold more slowly (7 days then) and the median sale price rose 3% to $299,870. Overall, Hopkins is less competitive than a year ago, which gives buyers more room.
Within Allegan County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at Pullman 49450 (0% sold over asking) or Douglas 49406 (0% sold over asking), while Dorr 49323 (64% sold over asking) and Martin 49070 (50% sold over asking) are even more competitive.
Run the numbers for 49328
Nearby markets
Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftDouglas 49406Balanced $426 /sq ftFennville 49408Seller’s market $264 /sq ft Browse all markets →Towns like Hopkins nearby
Find towns like Hopkins in other states →Where Hopkins is
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Questions about Hopkins real estate
Is Hopkins a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Hopkins, MI 49328 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 Hopkins?
The typical home went under contract in 40 days in the latest three months.
Do homes in Hopkins sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Hopkins?
About 1.08% of a home’s value a year in Allegan County, or roughly $4,320 on a $400,000 home.
What is the median home price in Hopkins?
The median sale price was $299,870 in the three months ending August 31, 2026, about $217 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