Is Hersey, MI 49639 a buyer’s or seller’s market?
Hersey is a seller’s market. With about 3.2 months of supply and 33% 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 Hersey housing market right now
In the three months ending August 31, 2026, 33% of homes in Hersey, MI 49639 sold above their list price, the typical home went under contract in 35 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. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (16 days then) and the median sale price rose 20% to $221,154. Overall, Hersey is about as competitive as it was a year ago.
Within Osceola County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%.
Nearby, buyers who want less competition could look at Sears 49679 (0% sold over asking) or Marion 49665 (23% sold over asking), while Leroy 49655 (50% sold over asking) is even more competitive.
Run the numbers for 49639
Nearby markets
Evart 49631Seller’s market $148 /sq ftLeroy 49655Balanced $151 /sq ftMarion 49665Balanced $152 /sq ftReed City 49677Seller’s market $126 /sq ft Browse all markets →Towns like Hersey nearby
Find towns like Hersey in other states →Where Hersey is
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Questions about Hersey real estate
Is Hersey a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Hersey, MI 49639 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 Hersey?
The typical home went under contract in 35 days in the latest three months.
Do homes in Hersey sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Hersey?
About 1.02% of a home’s value a year in Osceola County, or roughly $4,080 on a $400,000 home.
What is the median home price in Hersey?
The median sale price was $221,154 in the three months ending August 31, 2026, about $160 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