Is Drummond Island, MI 49726 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Drummond Island housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Chippewa County, MI

Population	1,155
Median income	$67,232
Average income	$77,355
Median home value	$273,200
Median rent	$408/month
Owner-occupied	94% of homes
Median year built	1992

Natural hazard riskLow for the hazards we track

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49726; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49726

Prefilled for 49726Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49726Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barbeau 49710Seller’s market $145 /sq ft Brimley 49715Buyer’s market $237 /sq ft Dafter 49724Buyer’s market $192 /sq ft De Tour Village 49725Balanced $323 /sq ft Browse all markets →

Towns like Drummond Island nearby

Find towns like Drummond Island in other states →

Cedarville, MI49719 · 29 miles away60% similarcheaper homes ($47K less) · 8 min shorter commute Pickford, MI49774 · 32 miles away39% similarcheaper homes ($106K less) · larger Dafter, MI49724 · 38 miles away37% similarcheaper homes ($107K less) · younger residents Sault Sainte Marie, MI49783 · 39 miles away12% similarcheaper homes ($114K less) · larger

Where Drummond Island is

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Questions about Drummond Island real estate

What are property taxes in Drummond Island?

About 1.26% of a home’s value a year in Chippewa County, or roughly $5,040 on a $400,000 home.

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More tools for 49726

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Chippewa County property taxes Chippewa County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology