Is Montague, MI 49437 a buyer’s or seller’s market?
Montague is a seller’s market. With about 1.9 months of supply and 21% 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 61% of U.S. ZIP codes, and #307 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 Montague housing market right now
In the three months ending August 31, 2026, 21% of homes in Montague, MI 49437 sold above their list price, the typical home went under contract in 10 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold about as fast and the median sale price rose 11% to $344,851. Overall, Montague is less competitive than a year ago, which gives buyers more room.
Within Muskegon County, homes here sell faster than in 75% 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, Montague ranks #307 of 510 MI ZIP codes with enough sales (score 59 out of 100).
Nearby, Bailey 49303 (100% sold over asking) and Casnovia 49318 (100% sold over asking) are even more competitive.
Run the numbers for 49437
Nearby markets
Bailey 49303Buyer’s market $190 /sq ftCasnovia 49318Buyer’s market $90 /sq ftFruitport 49415Seller’s market $213 /sq ftHolton 49425Seller’s market $180 /sq ft Browse all markets →Towns like Montague nearby
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Questions about Montague real estate
Is Montague a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Montague, MI 49437 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 Montague?
The typical home went under contract in 10 days in the latest three months.
Do homes in Montague sell over asking?
21% 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 Montague?
About 1.18% of a home’s value a year in Muskegon County, or roughly $4,720 on a $400,000 home.
What is the median home price in Montague?
The median sale price was $344,851 in the three months ending August 31, 2026, about $219 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