Is Channing, MI 49815 a buyer’s or seller’s market?

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

Channing is a seller’s market. With about 3.2 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market354Listing to accepted offer
Median price per sq ft$213▼ −7.9% vs. last year

The Channing housing market right now

In the three months ending August 31, 2026, 0% of homes in Channing, MI 49815 sold above their list price, the typical home went under contract in 354 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 (104 days then) and the median sale price fell 28% to $349,849. Overall, Channing is less competitive than a year ago, which gives buyers more room.

Within Dickinson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Quinnesec 49876 (50% sold over asking) and Kingsford 49802 (39% sold over asking) are even more competitive.

Nearby markets

Felch 49831Balanced $103 /sq ftFoster City 49834Seller’s market $177 /sq ftIron Mountain 49801Seller’s market $125 /sq ftKingsford 49802Seller’s market $116 /sq ft Browse all markets →

Where Channing is

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Questions about Channing real estate

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

A seller’s market: there were 3.2 months of supply in Channing, MI 49815 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 Channing?

The typical home went under contract in 354 days in the latest three months.

Do homes in Channing sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Channing?

About 1.27% of a home’s value a year in Dickinson County, or roughly $5,080 on a $400,000 home.

What is the median home price in Channing?

The median sale price was $349,849 in the three months ending August 31, 2026, about $213 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