Northport, MI 49670 Real Estate Market Report

ZIP Code: 49670
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Northport, MI are 6.4% compared to the 5.9% average seen when typical loans in this area originated in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price is not provided in the available metrics; the median sold price remains the primary indicator of realized market value and transaction momentum, so its absence limits precise valuation commentary for Northport, MI as of May 2026. contextual gap

2. price year-over-year trend: up — reported year-over-year pricing is up, indicating continued price appreciation even as local indicators point to cooling liquidity and longer marketing times.

3. market temperature: neutral coupled with reports of longer days on market suggests a balanced to slightly slower sales velocity; this appears to produce pricing friction where sellers may need to align expectations with recent closed transactions rather than listing price optimism. neutral

4. interest rate pressure: elevated with Current 30-year fixed mortgage rates in Northport, MI at 6.4% versus a 5.9% origin-rate average in early 2026 — elevated financing costs may constrain buyer affordability and temper transaction volume; concurrent median market rent of $2,700 provides a rental fallback for some households but does not negate higher borrowing costs. elevated interest rate pressure

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Notable Properties

The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.