Is White Pine, MI 49971 a buyer’s or seller’s market?
White Pine is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The White Pine housing market right now
In the three months ending August 31, 2026, 0% of homes in White Pine, MI 49971 sold above their list price, the typical home went under contract in 154 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 100%, homes sold more slowly (21 days then) and the median sale price rose 182% to $279,079. Overall, White Pine is less competitive than a year ago, which gives buyers more room.
Within Ontonagon County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Bergland 49910 (50% sold over asking) and Ontonagon 49953 (18% sold over asking) are even more competitive.
Run the numbers for 49971
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 White Pine is
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Questions about White Pine real estate
Is White Pine a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in White Pine, MI 49971 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 White Pine?
The typical home went under contract in 154 days in the latest three months.
Do homes in White Pine sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.4% of the list price.
What are property taxes in White Pine?
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 White Pine?
The median sale price was $279,079 in the three months ending August 31, 2026, about $97 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