Is Fennville, MI 49408 a buyer’s or seller’s market?
Fennville is a seller’s market. With about 2.6 months of supply and 15% 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.
More competitive than 46% of U.S. ZIP codes, and #388 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 Fennville housing market right now
In the three months ending August 31, 2026, 15% of homes in Fennville, MI 49408 sold above their list price, the typical home went under contract in 32 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (26 days then) and the median sale price rose 22% to $568,754. Overall, Fennville is less competitive than a year ago, which gives buyers more room.
Within Allegan County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Fennville ranks #388 of 510 MI ZIP codes with enough sales (score 45 out of 100).
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 49408
Nearby markets
Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftDouglas 49406Balanced $426 /sq ftHamilton 49419Seller’s market $241 /sq ft Browse all markets →Towns like Fennville nearby
Find towns like Fennville in other states →Where Fennville is
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Questions about Fennville real estate
Is Fennville a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Fennville, MI 49408 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 Fennville?
The typical home went under contract in 32 days in the latest three months.
Do homes in Fennville sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Fennville?
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 Fennville?
The median sale price was $568,754 in the three months ending August 31, 2026, about $264 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