Is Saint Ignace, MI 49781 a buyer’s or seller’s market?

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

Saint Ignace is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.6Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$176▲ +12.5% vs. last year

The Saint Ignace housing market right now

In the three months ending August 31, 2026, 8% of homes in Saint Ignace, MI 49781 sold above their list price, the typical home went under contract in 54 days and there were 6.6 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 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (45 days then) and the median sale price rose 57% to $344,851. Overall, Saint Ignace is less competitive than a year ago, which gives buyers more room.

Within Mackinac County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 78%.

Nearby, buyers who want less competition could look at Gould City 49838 (0% sold over asking) or Engadine 49827 (0% sold over asking), while Hessel 49745 (20% sold over asking) and Curtis 49820 (17% sold over asking) are even more competitive.

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 Saint Ignace is

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Questions about Saint Ignace real estate

Is Saint Ignace a buyer’s or seller’s market?

A buyer’s market: there were 6.6 months of supply in Saint Ignace, MI 49781 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 Saint Ignace?

The typical home went under contract in 54 days in the latest three months.

Do homes in Saint Ignace sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Saint Ignace?

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 Saint Ignace?

The median sale price was $344,851 in the three months ending August 31, 2026, about $176 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