Is Frederic, MI 49733 a buyer’s or seller’s market?

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

Frederic is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score26/ 100

More competitive than 21% of U.S. ZIP codes, and #473 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

Months of supply4.1Under 4 months = seller’s market
Sold above original list13.3%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$118▼ −27.7% vs. last year

The Frederic housing market right now

In the three months ending August 31, 2026, 13% of homes in Frederic, MI 49733 sold above their list price, the typical home went under contract in 48 days and there were 4.1 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 15 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (30 days then) and the median sale price fell 36% to $214,907. Overall, Frederic is less competitive than a year ago, which gives buyers more room.

On our competition score, Frederic ranks #473 of 510 MI ZIP codes with enough sales (score 26 out of 100).

Nearby markets

Grayling 49738Balanced $145 /sq ft Browse all markets →

Where Frederic is

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Questions about Frederic real estate

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

A balanced market: there were 4.1 months of supply in Frederic, MI 49733 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 Frederic?

The typical home went under contract in 48 days in the latest three months.

Do homes in Frederic sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.

What are property taxes in Frederic?

About 1.06% of a home’s value a year in Crawford County, or roughly $4,240 on a $400,000 home.

What is the median home price in Frederic?

The median sale price was $214,907 in the three months ending August 31, 2026, about $118 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