Is Gaylord, MI 49735 a buyer’s or seller’s market?
Gaylord is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 39% of U.S. ZIP codes, and #418 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 Gaylord housing market right now
In the three months ending August 31, 2026, 22% of homes in Gaylord, MI 49735 sold above their list price, the typical home went under contract in 46 days and there were 4.4 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 105 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (49 days then) and the median sale price fell 14% to $284,877. Overall, Gaylord is more competitive than a year ago, so tougher for buyers.
On our competition score, Gaylord ranks #418 of 510 MI ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Johannesburg 49751 (0% sold over asking) or Vanderbilt 49795 (10% sold over asking).
Run the numbers for 49735
Nearby markets
Johannesburg 49751Buyer’s market $162 /sq ftVanderbilt 49795Balanced $163 /sq ft Browse all markets →Towns like Gaylord nearby
Find towns like Gaylord in other states →Where Gaylord is
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Questions about Gaylord real estate
Is Gaylord a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Gaylord, MI 49735 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 Gaylord?
The typical home went under contract in 46 days in the latest three months.
Do homes in Gaylord sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Gaylord?
About 0.80% of a home’s value a year in Otsego County, or roughly $3,200 on a $400,000 home.
What is the median home price in Gaylord?
The median sale price was $284,877 in the three months ending August 31, 2026, about $145 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