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Featured local agent — Dowagiac, MI
Sarah Mitchell
Compass Real Estate · Dowagiac, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dowagiac, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,900median sale price
How is the Dowagiac, MI housing market right now?
The median home sale price in Dowagiac, MI is $200,900, down 8.3% year-over-year. Homes sell in an average of 95 days with 13 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dowagiac a buyer's or seller's market?
Dowagiac, MI is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 95 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
95
Average pace
Active listings
13
4.3 months supply
Sale-to-list
98.3%
Below asking
What does the Dowagiac housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,900 |
| Median list price | $122,250 |
| Year-over-year price change | -8.3% |
| Average days on market | 95 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $107/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 23.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Dowagiac by property type?
How the Dowagiac, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,900 | $107/sq ft | 3 | 95 days |
| Condo / Co-op | $265,000 | $132/sq ft | 1 | 241 days |
Source: Redfin · Updated monthly
The Dowagiac housing market is currently classified as a leaning buyer's with a median sale price of $200,900. Prices have fallen 8.3% compared to last year, with homes spending an average of 95 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in Dowagiac
There are currently 13 homes listed for sale in Dowagiac, Michigan. The median listing price is $122K.
Active listings
13
Homes on market
Median list price
$122K
Avg. days on market
95
Days until sale
New this week
6
Newly listed
Who lives in Dowagiac?
Population
5,677
Median income
$38,433/yr
Median age
37.3 years
Owner-occupied
50.3%
College grads
12.1%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Dowagiac?
Zillow home value
$233,944
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in Dowagiac?
Dowagiac is a community of approximately 6K residents with a median age of 37.3 years.The median household income is $38,433, which represents a working-class community with solid middle-income opportunities. 12.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.3%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dowagiac offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dowagiac?
7 schools tracked · 1,729 students
The largest public schools serving Dowagiac, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Union High School
Grades 9-12 · 530 students
Dowagiac Middle School
Grades 6-8 · 379 students
Justus Gage Elementary School
Grades PK-5 · 283 students
Kincheloe Elementary School
Grades K-5 · 224 students
Patrick Hamilton Elementary
Grades K-5 · 220 students
Pathfinders Alternative Ed
Grades 6-12 · 50 students
North Pointe Center
Grades K-12 · 43 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dowagiac, MI?
Want a head-to-head view? Compare Dowagiac side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Dowagiac?
The median home sale price in Dowagiac is $200,900, down 8.3% from last year.
How long do homes stay on market in Dowagiac?
Homes typically spend 95 days on market before going under contract.
What is the median income in Dowagiac?
The median household income is $38,433 per year.
Is Dowagiac a buyer's or seller's market?
With 4.3 months of supply, Dowagiac is currently a leaning buyer's.
What is the Zillow home value estimate for Dowagiac?
The Zillow Home Value Index (ZHVI) for Dowagiac is $233,944, representing the typical home value in the area.
What is the median condo price in Dowagiac?
The median condo/co-op sale price in Dowagiac, MI is $265,000, compared to $200,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Dowagiac?
The median single-family home price in Dowagiac, MI is $200,900 (about $107 per square foot).
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