Is Paradise, MI 49768 a buyer’s or seller’s market?
Paradise is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Paradise housing market right now
In the three months ending August 31, 2026, 0% of homes in Paradise, MI 49768 sold above their list price, the typical home went under contract in 30 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (50 days then) and the median sale price fell 13% to $349,849. Overall, Paradise is more competitive than a year ago, so tougher for buyers.
Within Chippewa County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Trout Lake 49793 (50% sold over asking) and Sault Sainte Marie 49783 (6% sold over asking) are even more competitive.
Run the numbers for 49768
Nearby markets
Barbeau 49710Seller’s market $145 /sq ftBrimley 49715Buyer’s market $237 /sq ftDafter 49724Buyer’s market $192 /sq ftDe Tour Village 49725Balanced $323 /sq ft Browse all markets →Where Paradise is
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Questions about Paradise real estate
Is Paradise a buyer’s or seller’s market?
A buyer’s market: there were 6.7 months of supply in Paradise, MI 49768 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 Paradise?
The typical home went under contract in 30 days in the latest three months.
Do homes in Paradise sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Paradise?
About 1.26% of a home’s value a year in Chippewa County, or roughly $5,040 on a $400,000 home.
What is the median home price in Paradise?
The median sale price was $349,849 in the three months ending August 31, 2026, about $366 per square foot.
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More tools for 49768
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology