Is Millersburg, MI 49759 a buyer’s or seller’s market?

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

Millersburg 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 score14/ 100

More competitive than 7% of U.S. ZIP codes, and #502 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 list0%Share of sales, last 3 months
Median sale-to-list95.3%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$206▲ +12.2% vs. last year

The Millersburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Millersburg, MI 49759 sold above their list price, the typical home went under contract in 59 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (54 days then) and the median sale price fell 16% to $214,907. Overall, Millersburg is less competitive than a year ago, which gives buyers more room.

Within Presque Isle County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Millersburg ranks #502 of 510 MI ZIP codes with enough sales (score 14 out of 100).

Nearby, Rogers City 49779 (15% sold over asking) and Presque Isle 49777 (11% sold over asking) are even more competitive.

Nearby markets

Hawks 49743Buyer’s market $144 /sq ftOnaway 49765Balanced $154 /sq ftPosen 49776Balanced $326 /sq ftPresque Isle 49777Buyer’s market $196 /sq ft Browse all markets →

Where Millersburg is

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Questions about Millersburg real estate

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

A balanced market: there were 4.1 months of supply in Millersburg, MI 49759 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 Millersburg?

The typical home went under contract in 59 days in the latest three months.

Do homes in Millersburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.

What are property taxes in Millersburg?

About 0.95% of a home’s value a year in Presque Isle County, or roughly $3,800 on a $400,000 home.

What is the median home price in Millersburg?

The median sale price was $214,907 in the three months ending August 31, 2026, about $206 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