Is Lewiston, MI 49756 a buyer’s or seller’s market?

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

Lewiston is a seller’s market. With about 2.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score44/ 100

More competitive than 43% of U.S. ZIP codes, and #397 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 supply2.8Under 4 months = seller’s market
Sold above original list19.6%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$178▲ +21.3% vs. last year

The Lewiston housing market right now

In the three months ending August 31, 2026, 20% of homes in Lewiston, MI 49756 sold above their list price, the typical home went under contract in 38 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (45 days then) and the median sale price rose 10% to $208,160. Overall, Lewiston is about as competitive as it was a year ago.

Within Oscoda County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Lewiston ranks #397 of 510 MI ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Mio 48647 (17% sold over asking), while Comins 48619 (50% sold over asking) and Fairview 48621 (50% sold over asking) are even more competitive.

Nearby markets

Comins 48619Buyer’s market $81 /sq ftFairview 48621Buyer’s market $134 /sq ftLuzerne 48636Seller’s market $135 /sq ftMio 48647Buyer’s market $121 /sq ft Browse all markets →

Where Lewiston is

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Questions about Lewiston real estate

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

A seller’s market: there were 2.8 months of supply in Lewiston, MI 49756 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 Lewiston?

The typical home went under contract in 38 days in the latest three months.

Do homes in Lewiston sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Lewiston?

About 0.94% of a home’s value a year in Oscoda County, or roughly $3,760 on a $400,000 home.

What is the median home price in Lewiston?

The median sale price was $208,160 in the three months ending August 31, 2026, about $178 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