Is Beulah, MI 49617 a buyer’s or seller’s market?

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

Beulah is a seller’s market. With about 3.1 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 score50/ 100

More competitive than 51% of U.S. ZIP codes, and #354 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 supply3.1Under 4 months = seller’s market
Sold above original list24%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$352▲ +39.0% vs. last year

The Beulah housing market right now

In the three months ending August 31, 2026, 24% of homes in Beulah, MI 49617 sold above their list price, the typical home went under contract in 39 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (25% then), homes sold faster (42 days then) and the median sale price rose 84% to $854,630. Overall, Beulah is about as competitive as it was a year ago.

Within Benzie County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Beulah ranks #354 of 510 MI ZIP codes with enough sales (score 50 out of 100).

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.

Nearby markets

Benzonia 49616Balanced $259 /sq ftElberta 49628Seller’s market $209 /sq ftFrankfort 49635Buyer’s market $263 /sq ftHonor 49640Seller’s market $538 /sq ft Browse all markets →

Where Beulah is

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Questions about Beulah real estate

Is Beulah a buyer’s or seller’s market?

A seller’s market: there were 3.1 months of supply in Beulah, MI 49617 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 Beulah?

The typical home went under contract in 39 days in the latest three months.

Do homes in Beulah sell over asking?

24% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Beulah?

About 0.79% of a home’s value a year in Benzie County, or roughly $3,160 on a $400,000 home.

What is the median home price in Beulah?

The median sale price was $854,630 in the three months ending August 31, 2026, about $352 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