Is Mass City, MI 49948 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mass City is a seller’s market. With about 1.1 months of supply and 17% 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.

Months of supply1.1Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$118▲ +25.7% vs. last year

The Mass City housing market right now

In the three months ending August 31, 2026, 17% of homes in Mass City, MI 49948 sold above their list price, the typical home went under contract in 69 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 50%, homes sold more slowly (15 days then) and the median sale price rose 106% to $174,824. Overall, Mass City is less competitive than a year ago, which gives buyers more room.

Within Ontonagon County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at White Pine 49971 (0% sold over asking) or Greenland 49929 (0% sold over asking), while Bergland 49910 (50% sold over asking) is even more competitive.

Nearby markets

Bergland 49910Seller’s market $345 /sq ftBruce Crossing 49912Buyer’s market $73 /sq ftEwen 49925Seller’s market $193 /sq ftGreenland 49929 $87 /sq ft Browse all markets →

Where Mass City is

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Questions about Mass City real estate

Is Mass City a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Mass City, MI 49948 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 Mass City?

The typical home went under contract in 69 days in the latest three months.

Do homes in Mass City sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What are property taxes in Mass City?

About 1.16% of a home’s value a year in Ontonagon County, or roughly $4,640 on a $400,000 home.

What is the median home price in Mass City?

The median sale price was $174,824 in the three months ending August 31, 2026, about $118 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