Is Williamsburg, MI 49690 a buyer’s or seller’s market?
Williamsburg is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 26% of U.S. ZIP codes, and #458 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 Williamsburg housing market right now
In the three months ending August 31, 2026, 18% of homes in Williamsburg, MI 49690 sold above their list price, the typical home went under contract in 51 days and there were 6.4 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 34 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (80 days then) and the median sale price rose 48% to $709,593. Overall, Williamsburg is more competitive than a year ago, so tougher for buyers.
Within Grand Traverse County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Williamsburg ranks #458 of 510 MI ZIP codes with enough sales (score 30 out of 100).
Nearby, Grawn 49637 (30% sold over asking) and Kingsley 49649 (24% sold over asking) are even more competitive.
Run the numbers for 49690
Nearby markets
Buckley 49620Buyer’s market $224 /sq ftGrawn 49637Balanced $275 /sq ftKingsley 49649Buyer’s market $193 /sq ftTraverse City 49685Seller’s market $261 /sq ft Browse all markets →Towns like Williamsburg nearby
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Questions about Williamsburg real estate
Is Williamsburg a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Williamsburg, MI 49690 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 Williamsburg?
The typical home went under contract in 51 days in the latest three months.
Do homes in Williamsburg sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Williamsburg?
About 0.89% of a home’s value a year in Grand Traverse County, or roughly $3,560 on a $400,000 home.
What is the median home price in Williamsburg?
The median sale price was $709,593 in the three months ending August 31, 2026, about $306 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