Is Perronville, MI 49873 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Perronville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list75.5%Sold price ÷ list price
Median days on market174Listing to accepted offer
Median price per sq ft$69▼ −66.7% vs. last year

The Perronville housing market right now

In the three months ending August 31, 2026, 0% of homes in Perronville, MI 49873 sold above their list price and the typical home went under contract in 174 days. 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 was about the same (0% then), homes sold more slowly (68 days then) and the median sale price fell 52% to $59,974. Overall, Perronville is less competitive than a year ago, which gives buyers more room.

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

Nearby, Hermansville 49847 (50% sold over asking) and Stephenson 49887 (50% sold over asking) are even more competitive.

Nearby markets

Carney 49812 — /sq ftDaggett 49821Seller’s market $162 /sq ftHermansville 49847Seller’s market $200 /sq ftIngalls 49848Seller’s market $154 /sq ft Browse all markets →

Where Perronville is

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Questions about Perronville real estate

How fast do homes sell in Perronville?

The typical home went under contract in 174 days in the latest three months.

Do homes in Perronville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 75.5% of the list price.

What are property taxes in Perronville?

About 1.01% of a home’s value a year in Menominee County, or roughly $4,040 on a $400,000 home.

What is the median home price in Perronville?

The median sale price was $59,974 in the three months ending August 31, 2026, about $69 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