Is Vulcan, MI 49892 a buyer’s or seller’s market?
Vulcan is a buyer’s market. With about 14.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Vulcan housing market right now
In the three months ending August 31, 2026, 0% of homes in Vulcan, MI 49892 sold above their list price, the typical home went under contract in 55 days and there were 14.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (109 days then) and the median sale price fell 52% to $147,161. Overall, Vulcan is less competitive than a year ago, which gives buyers more room.
Within Dickinson County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Quinnesec 49876 (50% sold over asking) and Kingsford 49802 (39% sold over asking) are even more competitive.
Run the numbers for 49892
Nearby markets
Channing 49815Seller’s market $213 /sq ftFelch 49831Balanced $103 /sq ftFoster City 49834Seller’s market $177 /sq ftIron Mountain 49801Seller’s market $125 /sq ft Browse all markets →Towns like Vulcan nearby
Find towns like Vulcan in other states →Where Vulcan is
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Questions about Vulcan real estate
Is Vulcan a buyer’s or seller’s market?
A buyer’s market: there were 14.4 months of supply in Vulcan, MI 49892 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 Vulcan?
The typical home went under contract in 55 days in the latest three months.
Do homes in Vulcan sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Vulcan?
About 1.27% of a home’s value a year in Dickinson County, or roughly $5,080 on a $400,000 home.
What is the median home price in Vulcan?
The median sale price was $147,161 in the three months ending August 31, 2026, about $116 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