Is Muskegon, MI 49440 a buyer’s or seller’s market?

The Muskegon housing market right now

In the three months ending August 31, 2026, 60% of homes in Muskegon, MI 49440 sold above their list price, the typical home went under contract in 43 days and there were 5.1 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. With only 5 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 50%, homes sold more slowly (11 days then) and the median sale price fell 23% to $199,913. Overall, Muskegon is about as competitive as it was a year ago.

Within Muskegon County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 83%.

Nearby, buyers who want less competition could look at Montague 49437 (21% sold over asking) or Whitehall 49461 (22% sold over asking), while Bailey 49303 (100% sold over asking) and Casnovia 49318 (100% sold over asking) are even more competitive.