Is Seney, MI 49883 a buyer’s or seller’s market?
Seney is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Seney housing market right now
In the three months ending August 31, 2026, 0% of homes in Seney, MI 49883 sold above their list price, the typical home went under contract in 75 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (46 days then) and the median sale price rose 69% to $219,905. Overall, Seney is less competitive than a year ago, which gives buyers more room.
Nearby, Manistique 49854 (38% sold over asking) and Gulliver 49840 (20% sold over asking) are even more competitive.
Run the numbers for 49883
Nearby markets
Germfask 49836Seller’s market $254 /sq ftGulliver 49840Buyer’s market $209 /sq ftManistique 49854Balanced $109 /sq ft Browse all markets →Where Seney is
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Questions about Seney real estate
Is Seney a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Seney, MI 49883 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 Seney?
The typical home went under contract in 75 days in the latest three months.
Do homes in Seney sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Seney?
About 0.99% of a home’s value a year in Schoolcraft County, or roughly $3,960 on a $400,000 home.
What is the median home price in Seney?
The median sale price was $219,905 in the three months ending August 31, 2026, about $262 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