Is Lanse, MI 49946 a buyer’s or seller’s market?
Lanse is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lanse housing market right now
In the three months ending August 31, 2026, 30% of homes in Lanse, MI 49946 sold above their list price, the typical home went under contract in 56 days and there were 6.4 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 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (34 days then) and the median sale price rose 24% to $292,373. Overall, Lanse is more competitive than a year ago, so tougher for buyers.
Within Baraga County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Watton 49970 (0% sold over asking) or Covington 49919 (0% sold over asking), while Baraga 49908 (67% sold over asking) and Skanee 49962 (50% sold over asking) are even more competitive.
Run the numbers for 49946
Nearby markets
Baraga 49908Buyer’s market $126 /sq ftCovington 49919Seller’s market $297 /sq ftMichigamme 49861Buyer’s market $275 /sq ftSkanee 49962Buyer’s market $235 /sq ft Browse all markets →Towns like Lanse nearby
Find towns like Lanse in other states →Where Lanse is
Loading map…
Questions about Lanse real estate
Is Lanse a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Lanse, MI 49946 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 Lanse?
The typical home went under contract in 56 days in the latest three months.
Do homes in Lanse sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Lanse?
About 1.22% of a home’s value a year in Baraga County, or roughly $4,880 on a $400,000 home.
What is the median home price in Lanse?
The median sale price was $292,373 in the three months ending August 31, 2026, about $206 per square foot.
Local agents
See all agents in 49946 →No sponsored agents in 49946 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 49946
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology