Is Twin Lake, MI 49457 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Twin Lake is a seller’s market. With about 2.9 months of supply and 24% 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.

Competition score64/ 100

More competitive than 67% of U.S. ZIP codes, and #268 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

Months of supply2.9Under 4 months = seller’s market
Sold above original list23.8%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$210▲ +1.3% vs. last year

The Twin Lake housing market right now

In the three months ending August 31, 2026, 24% of homes in Twin Lake, MI 49457 sold above their list price, the typical home went under contract in 16 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (13 days then) and the median sale price rose 4% to $326,359. Overall, Twin Lake is about as competitive as it was a year ago.

Within Muskegon County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Twin Lake ranks #268 of 510 MI ZIP codes with enough sales (score 64 out of 100).

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

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 →

Where Twin Lake is

Loading map…

Questions about Twin Lake real estate

Is Twin Lake a buyer’s or seller’s market?

A seller’s market: there were 2.9 months of supply in Twin Lake, MI 49457 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 Twin Lake?

The typical home went under contract in 16 days in the latest three months.

Do homes in Twin Lake sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Twin Lake?

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 Twin Lake?

The median sale price was $326,359 in the three months ending August 31, 2026, about $210 per square foot.

No sponsored agents in 49457 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 49457

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology