Is Gladstone, MI 49837 a buyer’s or seller’s market?

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

Gladstone is a seller’s market. With about 2.8 months of supply and 44% 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.

Competition score70/ 100

More competitive than 74% of U.S. ZIP codes, and #211 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.8Under 4 months = seller’s market
Sold above original list44.1%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$150▲ +17.6% vs. last year

The Gladstone housing market right now

In the three months ending August 31, 2026, 44% of homes in Gladstone, MI 49837 sold above their list price, the typical home went under contract in 42 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold more slowly (33 days then) and the median sale price rose 9% to $206,910. Overall, Gladstone is more competitive than a year ago, so tougher for buyers.

Within Delta County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, Gladstone ranks #211 of 510 MI ZIP codes with enough sales (score 70 out of 100).

Nearby, buyers who want less competition could look at Perkins 49872 (0% sold over asking) or Nahma 49864 (0% sold over asking), while Wells 49894 (50% sold over asking) is even more competitive.

Nearby markets

Bark River 49807Seller’s market $135 /sq ftCooks 49817Seller’s market $130 /sq ftEscanaba 49829Seller’s market $123 /sq ftGarden 49835Buyer’s market $294 /sq ft Browse all markets →

Where Gladstone is

Loading map…

Questions about Gladstone real estate

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

A seller’s market: there were 2.8 months of supply in Gladstone, MI 49837 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 Gladstone?

The typical home went under contract in 42 days in the latest three months.

Do homes in Gladstone sell over asking?

44% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Gladstone?

About 1.13% of a home’s value a year in Delta County, or roughly $4,520 on a $400,000 home.

What is the median home price in Gladstone?

The median sale price was $206,910 in the three months ending August 31, 2026, about $150 per square foot.

No sponsored agents in 49837 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 49837

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology