Is Kincheloe, MI 49788 a buyer’s or seller’s market?
Kincheloe is a seller’s market. With about 3.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Kincheloe housing market right now
In the three months ending August 31, 2026, 0% of homes in Kincheloe, MI 49788 sold above their list price, the typical home went under contract in 160 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (72 days then) and the median sale price rose 11% to $169,827. Overall, Kincheloe is less competitive than a year ago, which gives buyers more room.
Within Chippewa County, homes here sell more slowly than in 92% 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 49788
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 →Towns like Kincheloe nearby
Find towns like Kincheloe in other states →Where Kincheloe is
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Questions about Kincheloe real estate
Is Kincheloe a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Kincheloe, MI 49788 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 Kincheloe?
The typical home went under contract in 160 days in the latest three months.
Do homes in Kincheloe sell over asking?
0% of homes sold above their original list price.
What are property taxes in Kincheloe?
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 Kincheloe?
The median sale price was $169,827 in the three months ending August 31, 2026, about $70 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