Is Trout Creek, MI 49967 a buyer’s or seller’s market?
Trout Creek is a seller’s market. With about 2.7 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 Trout Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Trout Creek, MI 49967 sold above their list price, the typical home went under contract in 20 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (357 days then) and the median sale price rose 327% to $234,798. Overall, Trout Creek is more competitive than a year ago, so tougher for buyers.
Within Houghton County, homes here sell faster than in 93% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Hubbell 49934 (67% sold over asking) and Dodgeville 49921 (50% sold over asking) are even more competitive.
Run the numbers for 49967
Nearby markets
Atlantic Mine 49905Seller’s market $122 /sq ftCalumet 49913Buyer’s market $97 /sq ftChassell 49916Balanced $226 /sq ftDodgeville 49921Seller’s market $167 /sq ft Browse all markets →Where Trout Creek is
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Questions about Trout Creek real estate
Is Trout Creek a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Trout Creek, MI 49967 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 Trout Creek?
The typical home went under contract in 20 days in the latest three months.
Do homes in Trout Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Trout Creek?
About 1.16% of a home’s value a year in Houghton County, or roughly $4,640 on a $400,000 home.
What is the median home price in Trout Creek?
The median sale price was $234,798 in the three months ending August 31, 2026, about $216 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