Michigan foreclosures and housing market
How foreclosure works in Michigan, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in Michigan?
A seller's market.
Listings spent about 52 days on the market, and 21% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in Michigan
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in Michigan yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for Michigan.
The closest place we track is Florida, with 1 property.
The Michigan market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
Michigan market score
- Homes for sale
- 30,292
- US: 1,179,101
- Typical days on market
- 52
- US: 66
- Listings with a price cut
- 21%
- US: 21%
- Homes for sale vs pre-pandemic
- −28%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 1Emmet County82 days on market · 15% with a price cut · 360 for sale
- 2Charlevoix County68 days on market · 17% with a price cut · 231 for sale
- 18Menominee County57 days on market · 22% with a price cut · 93 for sale
- 22Gogebic County80 days on market · 19% with a price cut · 97 for sale
- 23Arenac County80 days on market · 17% with a price cut · 84 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 96Ionia County44 days on market · 21% with a price cut · 104 for sale
- 93Eaton County40 days on market · 19% with a price cut · 187 for sale
- 92Midland County44 days on market · 26% with a price cut · 209 for sale
- 92Dickinson County52 days on market · 15% with a price cut · 75 for sale
- 89Livingston County41 days on market · 22% with a price cut · 506 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in Michigan
Most Michigan foreclosures are non-judicial.
- Main steps and notices
- The sale is published once a week for four weeks and posted on the property within 15 days of the first notice.
- The notice states the amount due and how long the redemption period is.
- The borrower can stay in the home during the redemption period but must allow the buyer to inspect it.
- Catching up before the sale
- State law does not require a right to reinstate.
- After the sale
- After the sale, the borrower has six months to redeem if they owed more than two-thirds of the original loan, one year if two-thirds or less, and 30 days if the home was abandoned.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- Michigan Compiled Laws § 600.3201 et seq.
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in Michigan and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
Michigan questions
Is foreclosure in Michigan judicial or non-judicial?
Most Michigan foreclosures are non-judicial.
Can a homeowner get the home back after a foreclosure sale in Michigan?
After the sale, the borrower has six months to redeem if they owed more than two-thirds of the original loan, one year if two-thirds or less, and 30 days if the home was abandoned.
Can a borrower in Michigan catch up on the loan before the sale?
State law does not require a right to reinstate.
Is Michigan a buyer's or seller's market right now?
A seller's market. Michigan scores 74 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 52 days on the market, and 21% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.