Is Kalkaska, MI 49646 a buyer’s or seller’s market?
Kalkaska is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 25% of U.S. ZIP codes, and #460 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
The Kalkaska housing market right now
In the three months ending August 31, 2026, 20% of homes in Kalkaska, MI 49646 sold above their list price, the typical home went under contract in 49 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 51 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (54 days then) and the median sale price rose 9% to $272,382. Overall, Kalkaska is more competitive than a year ago, so tougher for buyers.
On our competition score, Kalkaska ranks #460 of 510 MI ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Rapid City 49676 (0% sold over asking) or South Boardman 49680 (17% sold over asking), while Fife Lake 49633 (44% sold over asking) is even more competitive.
Run the numbers for 49646
Nearby markets
Fife Lake 49633Balanced $225 /sq ftRapid City 49676Buyer’s market $290 /sq ftSouth Boardman 49680Balanced $193 /sq ft Browse all markets →Towns like Kalkaska nearby
Find towns like Kalkaska in other states →Where Kalkaska is
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Questions about Kalkaska real estate
Is Kalkaska a buyer’s or seller’s market?
A buyer’s market: there were 6.8 months of supply in Kalkaska, MI 49646 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 Kalkaska?
The typical home went under contract in 49 days in the latest three months.
Do homes in Kalkaska sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Kalkaska?
About 0.87% of a home’s value a year in Kalkaska County, or roughly $3,480 on a $400,000 home.
What is the median home price in Kalkaska?
The median sale price was $272,382 in the three months ending August 31, 2026, about $206 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