Is Arcadia, MI 49613 a buyer’s or seller’s market?
Arcadia is a seller’s market. With about 3.2 months of supply and 50% 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.
The Arcadia housing market right now
In the three months ending August 31, 2026, 50% of homes in Arcadia, MI 49613 sold above their list price, the typical home went under contract in 43 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 18%, homes sold more slowly (31 days then) and the median sale price rose 13% to $900,610. Overall, Arcadia is more competitive than a year ago, so tougher for buyers.
Within Manistee County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Bear Lake 49614 (8% sold over asking) or Manistee 49660 (9% sold over asking), while Copemish 49625 (100% sold over asking) and Filer City 49634 (100% sold over asking) are even more competitive.
Run the numbers for 49613
Nearby markets
Bear Lake 49614Balanced $201 /sq ftBrethren 49619Buyer’s market $206 /sq ftCopemish 49625Buyer’s market $224 /sq ftEastlake 49626 — /sq ft Browse all markets →Where Arcadia is
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Questions about Arcadia real estate
Is Arcadia a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Arcadia, MI 49613 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 Arcadia?
The typical home went under contract in 43 days in the latest three months.
Do homes in Arcadia sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Arcadia?
About 1.04% of a home’s value a year in Manistee County, or roughly $4,160 on a $400,000 home.
What is the median home price in Arcadia?
The median sale price was $900,610 in the three months ending August 31, 2026, about $439 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