Is Beaver Island, MI 49782 a buyer’s or seller’s market?
Beaver Island is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Beaver Island housing market right now
In the three months ending August 31, 2026, 67% of homes in Beaver Island, MI 49782 sold above their list price, the typical home went under contract in 26 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Nearby, buyers who want less competition could look at Boyne Falls 49713 (0% sold over asking) or Charlevoix 49720 (14% sold over asking).
Run the numbers for 49782
Nearby markets
Boyne City 49712Seller’s market $318 /sq ftBoyne Falls 49713Buyer’s market $153 /sq ftCharlevoix 49720Seller’s market $435 /sq ftWalloon Lake 49796 — /sq ft Browse all markets →Where Beaver Island is
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Questions about Beaver Island real estate
Is Beaver Island a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Beaver Island, MI 49782 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 Beaver Island?
The typical home went under contract in 26 days in the latest three months.
Do homes in Beaver Island sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 102.3% of the list price.
What are property taxes in Beaver Island?
About 0.90% of a home’s value a year in Charlevoix County, or roughly $3,600 on a $400,000 home.
What is the median home price in Beaver Island?
The median sale price was $524,473 in the three months ending August 31, 2026, about $290 per square foot.
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More tools for 49782
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology