Herron, MI 49744 housing market
Data through Sep 2026 · Seller's market · leverage 7
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Buyer Leverage Score
7
Sep 2026
Months of Supply
1.6 months
Aug 2026
Days on Market
69 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
101.3%
Aug 2026
Expected Disaster Loss
$84
Dec 2025
What this means
- Supply. Listings are 48% below the 2017-19 norm and rising (+100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (7/100; U.S.: 54): homes typically sell at or above asking (101.3% of list); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $84 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Alpena County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Alpena, MI 49707 | $194.2K | +7.8% | 40 |
| Ossineke, MI 49766 | $213.1K | +8.5% | 42 |
| Lachine, MI 49753 | $224.4K | +8.5% | 54 |