Is Gaastra, MI 49927 a buyer’s or seller’s market?
Gaastra is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Gaastra housing market right now
In the three months ending August 31, 2026, 0% of homes in Gaastra, MI 49927 sold above their list price, the typical home went under contract in 46 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Iron County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Caspian 49915 (17% sold over asking) and Crystal Falls 49920 (11% sold over asking) are even more competitive.
Run the numbers for 49927
Nearby markets
Alpha 49902Balanced $31 /sq ftAmasa 49903 $411 /sq ftCaspian 49915Seller’s market $101 /sq ftCrystal Falls 49920Buyer’s market $207 /sq ft Browse all markets →Where Gaastra is
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Questions about Gaastra real estate
Is Gaastra a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Gaastra, MI 49927 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 Gaastra?
The typical home went under contract in 46 days in the latest three months.
Do homes in Gaastra sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.2% of the list price.
What are property taxes in Gaastra?
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 Gaastra?
The median sale price was $164,929 in the three months ending August 31, 2026, about $130 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