Is Nahma, MI 49864 a buyer’s or seller’s market?
Nahma is a seller’s market. With about 2.4 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 Nahma housing market right now
In the three months ending August 31, 2026, 0% of homes in Nahma, MI 49864 sold above their list price, the typical home went under contract in 8 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 faster (301 days then) and the median sale price rose 63% to $56,975. Overall, Nahma is more competitive than a year ago, so tougher for buyers.
Within Delta County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Wells 49894 (50% sold over asking) and Gladstone 49837 (44% sold over asking) are even more competitive.
Run the numbers for 49864
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 Nahma is
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Questions about Nahma real estate
Is Nahma a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Nahma, MI 49864 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 Nahma?
The typical home went under contract in 8 days in the latest three months.
Do homes in Nahma sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.1% of the list price.
What are property taxes in Nahma?
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 Nahma?
The median sale price was $56,975 in the three months ending August 31, 2026, about $42 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