Is Crystal Falls, MI 49920 a buyer’s or seller’s market?
Crystal Falls is a buyer’s market. With about 9.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 7% of U.S. ZIP codes, and #503 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Crystal Falls housing market right now
In the three months ending August 31, 2026, 11% of homes in Crystal Falls, MI 49920 sold above their list price, the typical home went under contract in 70 days and there were 9.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (58 days then) and the median sale price rose 57% to $269,883. Overall, Crystal Falls is less competitive than a year ago, which gives buyers more room.
Within Iron County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Crystal Falls ranks #503 of 510 MI ZIP codes with enough sales (score 13 out of 100).
Nearby, buyers who want less competition could look at Gaastra 49927 (0% sold over asking) or Amasa 49903 (0% sold over asking), while Caspian 49915 (17% sold over asking) is even more competitive.
Run the numbers for 49920
Nearby markets
Alpha 49902Balanced $31 /sq ftAmasa 49903 $411 /sq ftCaspian 49915Seller’s market $101 /sq ftGaastra 49927Seller’s market $130 /sq ft Browse all markets →Towns like Crystal Falls nearby
Find towns like Crystal Falls in other states →Where Crystal Falls is
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Questions about Crystal Falls real estate
Is Crystal Falls a buyer’s or seller’s market?
A buyer’s market: there were 9.2 months of supply in Crystal Falls, MI 49920 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 Crystal Falls?
The typical home went under contract in 70 days in the latest three months.
Do homes in Crystal Falls sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Crystal Falls?
About 1.34% of a home’s value a year in Iron County, or roughly $5,360 on a $400,000 home.
What is the median home price in Crystal Falls?
The median sale price was $269,883 in the three months ending August 31, 2026, about $207 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