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Is Cedarville, MI 49719 a buyer’s or seller’s market?

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

Cedarville is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$294▲ +5.3% vs. last year

The Cedarville housing market right now

In the three months ending August 31, 2026, 0% of homes in Cedarville, MI 49719 sold above their list price, the typical home went under contract in 76 days and there were 4.2 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. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (49 days then) and the median sale price rose 23% to $394,329. Overall, Cedarville is less competitive than a year ago, which gives buyers more room.

Within Mackinac County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Hessel 49745 (20% sold over asking) and Curtis 49820 (17% sold over asking) are even more competitive.

Run the numbers for 49719

Prefilled for 49719Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49719Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Curtis 49820Seller’s market $271 /sq ftEngadine 49827Buyer’s market $178 /sq ftGould City 49838Buyer’s market $228 /sq ftHessel 49745Balanced $254 /sq ft Browse all markets →

Towns like Cedarville nearby

Find towns like Cedarville in other states →
Drummond Island, MI49726 · 29 miles away60% similarpricier homes ($47K more) · 8 min longer commute Rudyard, MI49780 · 28 miles away55% similarcheaper homes ($71K less) · younger residents Levering, MI49755 · 33 miles away51% similarcheaper homes ($38K less) · younger residents Brimley, MI49715 · 32 miles away50% similarcheaper homes ($63K less) · larger

Where Cedarville is

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Questions about Cedarville real estate

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

A balanced market: there were 4.2 months of supply in Cedarville, MI 49719 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 Cedarville?

The typical home went under contract in 76 days in the latest three months.

Do homes in Cedarville sell over asking?

0% of homes sold above their original list price.

What are property taxes in Cedarville?

About 1.07% of a home’s value a year in Mackinac County, or roughly $4,280 on a $400,000 home.

What is the median home price in Cedarville?

The median sale price was $394,329 in the three months ending August 31, 2026, about $294 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