Is Foster City, MI 49834 a buyer’s or seller’s market?

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

Foster City is a seller’s market. With about 0.5 months of supply and 14% 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 supply0.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list102.5%Sold price ÷ list price
Median days on market113Listing to accepted offer
Median price per sq ft$177▲ +6.9% vs. last year

The Foster City housing market right now

In the three months ending August 31, 2026, 14% of homes in Foster City, MI 49834 sold above their list price, the typical home went under contract in 113 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (143 days then) and the median sale price rose 49% to $159,931. Overall, Foster City is more competitive than a year ago, so tougher for buyers.

Within Dickinson County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Vulcan 49892 (0% sold over asking) or Sagola 49881 (0% sold over asking), while Quinnesec 49876 (50% sold over asking) and Kingsford 49802 (39% sold over asking) are even more competitive.

Nearby markets

Channing 49815Seller’s market $213 /sq ftFelch 49831Balanced $103 /sq ftIron Mountain 49801Seller’s market $125 /sq ftKingsford 49802Seller’s market $116 /sq ft Browse all markets →

Where Foster City is

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Questions about Foster City real estate

Is Foster City a buyer’s or seller’s market?

A seller’s market: there were 0.5 months of supply in Foster City, MI 49834 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 Foster City?

The typical home went under contract in 113 days in the latest three months.

Do homes in Foster City sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 102.5% of the list price.

What are property taxes in Foster City?

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 Foster City?

The median sale price was $159,931 in the three months ending August 31, 2026, about $177 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