Is Douglas, MI 49406 a buyer’s or seller’s market?
Douglas is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 25% of U.S. ZIP codes, and #459 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
The Douglas housing market right now
In the three months ending August 31, 2026, 0% of homes in Douglas, MI 49406 sold above their list price, the typical home went under contract in 24 days and there were 4 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 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (39 days then) and the median sale price rose 56% to $764,669. Overall, Douglas is less competitive than a year ago, which gives buyers more room.
Within Allegan County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Douglas ranks #459 of 510 MI ZIP codes with enough sales (score 29 out of 100).
Nearby, Dorr 49323 (64% sold over asking) and Martin 49070 (50% sold over asking) are even more competitive.
Run the numbers for 49406
Nearby markets
Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftFennville 49408Seller’s market $264 /sq ftHamilton 49419Seller’s market $241 /sq ft Browse all markets →Towns like Douglas nearby
Find towns like Douglas in other states →Where Douglas is
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Questions about Douglas real estate
Is Douglas a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Douglas, MI 49406 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 Douglas?
The typical home went under contract in 24 days in the latest three months.
Do homes in Douglas sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Douglas?
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 Douglas?
The median sale price was $764,669 in the three months ending August 31, 2026, about $426 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