Is Benzonia, MI 49616 a buyer’s or seller’s market?

The Benzonia housing market right now

In the three months ending August 31, 2026, 40% of homes in Benzonia, MI 49616 sold above their list price, the typical home went under contract in 59 days and there were 4.5 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. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (54 days then) and the median sale price rose 10% to $299,870. Overall, Benzonia is more competitive than a year ago, so tougher for buyers.

Within Benzie County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 71%.

Nearby, buyers who want less competition could look at Elberta 49628 (0% sold over asking) or Interlochen 49643 (8% sold over asking), while Lake Ann 49650 (59% sold over asking) and Thompsonville 49683 (45% sold over asking) are even more competitive.