Buchanan, MI
Housing market overview · Updated weekly
$225,000median sale price
Homes sold
5
Last 12 weeks
Days on market
97
Average pace
Active listings
13
2.6 months supply
Sale-to-list
99.5%
Below asking
The Buchanan housing market is currently classified as a balanced market with a median sale price of $225,000. Prices have risen 19.1% compared to last year, with homes spending an average of 97 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Buchanan
There are currently 13 homes listed for sale in Buchanan, Michigan. The median listing price is $141K.
Active listings
13
Homes on market
Median list price
$141K
Avg. days on market
97
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Buchanan?
The median home sale price in Buchanan is $225,000, up 19.1% from last year.
How long do homes stay on market in Buchanan?
Homes typically spend 97 days on market before going under contract.
Is Buchanan a buyer's or seller's market?
With 2.6 months of supply, Buchanan is currently a balanced market.
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