Is Northport, MI 49670 a buyer’s or seller’s market?
Northport is a seller’s market. With about 3.5 months of supply and 12% 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.
More competitive than 39% of U.S. ZIP codes, and #416 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 Northport housing market right now
In the three months ending August 31, 2026, 12% of homes in Northport, MI 49670 sold above their list price, the typical home went under contract in 28 days and there were 3.5 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 fell from 31%, homes sold faster (57 days then) and the median sale price fell 15% to $739,680. Overall, Northport is less competitive than a year ago, which gives buyers more room.
Within Leelanau County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Northport ranks #416 of 510 MI ZIP codes with enough sales (score 40 out of 100).
Nearby, Glen Arbor 49636 (33% sold over asking) and Suttons Bay 49682 (32% sold over asking) are even more competitive.
Run the numbers for 49670
Nearby markets
Cedar 49621Buyer’s market $278 /sq ftEmpire 49630Balanced $336 /sq ftGlen Arbor 49636Balanced $1,296 /sq ftLake Leelanau 49653Seller’s market $386 /sq ft Browse all markets →Towns like Northport nearby
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Questions about Northport real estate
Is Northport a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Northport, MI 49670 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 Northport?
The typical home went under contract in 28 days in the latest three months.
Do homes in Northport sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Northport?
About 0.68% of a home’s value a year in Leelanau County, or roughly $2,720 on a $400,000 home.
What is the median home price in Northport?
The median sale price was $739,680 in the three months ending August 31, 2026, about $483 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