Is Idlewild, MI 49642 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Idlewild is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$133▼ −49.4% vs. last year

The Idlewild housing market right now

In the three months ending August 31, 2026, 17% of homes in Idlewild, MI 49642 sold above their list price, the typical home went under contract in 56 days and there were 5.9 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. With only 6 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 0%, homes sold more slowly (50 days then) and the median sale price fell 19% to $137,391. Overall, Idlewild is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%.

Nearby, buyers who want less competition could look at Chase 49623 (0% sold over asking) or Irons 49644 (4% sold over asking), while Branch 49402 (44% sold over asking) and Luther 49656 (25% sold over asking) are even more competitive.

Nearby markets

Baldwin 49304Balanced $189 /sq ftBranch 49402Seller’s market $239 /sq ftChase 49623Buyer’s market $319 /sq ftIrons 49644Seller’s market $175 /sq ft Browse all markets →

Where Idlewild is

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Questions about Idlewild real estate

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

A balanced market: there were 5.9 months of supply in Idlewild, MI 49642 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 Idlewild?

The typical home went under contract in 56 days in the latest three months.

Do homes in Idlewild sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Idlewild?

About 1.09% of a home’s value a year in Lake County, or roughly $4,360 on a $400,000 home.

What is the median home price in Idlewild?

The median sale price was $137,391 in the three months ending August 31, 2026, about $133 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