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Is Brutus, MI 49716 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Brutus 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$439▲ +8.8% vs. last year

The Brutus housing market right now

In the three months ending August 31, 2026, 100% of homes in Brutus, MI 49716 sold above their list price, the typical home went under contract in 19 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. With only 1 sale, 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 50%, homes sold faster (32 days then) and the median sale price rose 51% to $796,655. Overall, Brutus is more competitive than a year ago, so tougher for buyers.

Within Emmet County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Pellston 49769 (0% sold over asking) or Carp Lake 49718 (0% sold over asking).

Run the numbers for 49716

Prefilled for 49716Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49716Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alanson 49706Seller’s market $235 /sq ftCarp Lake 49718Buyer’s market $261 /sq ftHarbor Springs 49740Seller’s market $312 /sq ftLevering 49755Balanced $339 /sq ft Browse all markets →

Towns like Brutus nearby

Find towns like Brutus in other states →
Ellsworth, MI49729 · 35 miles away66% similarcheaper homes ($64K less) · older homes Elmira, MI49730 · 31 miles away59% similarcheaper homes ($100K less) · larger Central Lake, MI49622 · 39 miles away59% similarlower income ($30K less) · cheaper homes ($73K less) Levering, MI49755 · 9 miles away57% similarlower income ($34K less) · cheaper homes ($118K less)

Where Brutus is

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Questions about Brutus real estate

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

A buyer’s market: there were 6.4 months of supply in Brutus, MI 49716 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 Brutus?

The typical home went under contract in 19 days in the latest three months.

Do homes in Brutus sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Brutus?

About 0.83% of a home’s value a year in Emmet County, or roughly $3,320 on a $400,000 home.

What is the median home price in Brutus?

The median sale price was $796,655 in the three months ending August 31, 2026, about $439 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