Is Trenary, MI 49891 a buyer’s or seller’s market?
Trenary is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Trenary housing market right now
In the three months ending August 31, 2026, 67% of homes in Trenary, MI 49891 sold above their list price, the typical home went under contract in 71 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 about as fast and the median sale price rose 22% to $209,909. Overall, Trenary is more competitive than a year ago, so tougher for buyers.
Within Alger County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Shingleton 49884 (0% sold over asking) or Grand Marais 49839 (0% sold over asking).
Run the numbers for 49891
Nearby markets
Au Train 49806Buyer’s market $335 /sq ftChatham 49816Seller’s market $291 /sq ftDeerton 49822Seller’s market $173 /sq ftEben Junction 49825 — /sq ft Browse all markets →Where Trenary is
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Questions about Trenary real estate
Is Trenary a buyer’s or seller’s market?
A buyer’s market: there were 8.5 months of supply in Trenary, MI 49891 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 Trenary?
The typical home went under contract in 71 days in the latest three months.
Do homes in Trenary sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Trenary?
About 0.94% of a home’s value a year in Alger County, or roughly $3,760 on a $400,000 home.
What is the median home price in Trenary?
The median sale price was $209,909 in the three months ending August 31, 2026, about $163 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