Is Deerton, MI 49822 a buyer’s or seller’s market?
Deerton 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.
The Deerton housing market right now
In the three months ending August 31, 2026, 0% of homes in Deerton, MI 49822 sold above their list price, the typical home went under contract in 59 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 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (72 days then) and the median sale price rose 69% to $162,929. Overall, Deerton is less competitive than a year ago, which gives buyers more room.
Within Alger County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Trenary 49891 (67% sold over asking) and Chatham 49816 (50% sold over asking) are even more competitive.
Run the numbers for 49822
Nearby markets
Au Train 49806Buyer’s market $335 /sq ftChatham 49816Seller’s market $291 /sq ftEben Junction 49825 — /sq ftGrand Marais 49839Balanced $443 /sq ft Browse all markets →Where Deerton is
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Questions about Deerton real estate
Is Deerton a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Deerton, MI 49822 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 Deerton?
The typical home went under contract in 59 days in the latest three months.
Do homes in Deerton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 83.6% of the list price.
What are property taxes in Deerton?
About 0.94% of a home’s value a year in Alger County, or roughly $3,760 on a $400,000 home.
What is the median home price in Deerton?
The median sale price was $162,929 in the three months ending August 31, 2026, about $173 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