Is Mackinac Island, MI 49757 a buyer’s or seller’s market?
Mackinac 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.
The Mackinac Island housing market right now
In the three months ending August 31, 2026, 0% of homes in Mackinac Island, MI 49757 sold above their list price and the typical home went under contract in 142 days. With only 2 sales, these figures can swing a lot from month to month.
Within Mackinac County, homes here sell more slowly than in 89% 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 49757
Nearby markets
Cedarville 49719Balanced $294 /sq ftCurtis 49820Seller’s market $271 /sq ftEngadine 49827Buyer’s market $178 /sq ftGould City 49838Buyer’s market $228 /sq ft Browse all markets →Where Mackinac Island is
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Questions about Mackinac Island real estate
How fast do homes sell in Mackinac Island?
The typical home went under contract in 142 days in the latest three months.
Do homes in Mackinac Island sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Mackinac Island?
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 Mackinac Island?
The median sale price was $486,789 in the three months ending August 31, 2026, about $406 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