The Buchanan housing market is somewhat competitive. The median sale price of a home in Buchanan was $157K last month, down 36.6% since last year. The median sale price per square foot in Buchanan is $102, down 8.9% since last year.
What is the housing market like in Buchanan today?
In June 2025, Buchanan home prices were down 36.6% compared to last year, selling for a median price of $157K. There were 4 homes sold in June this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$157,000
-36.6% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Buchanan, MI
$157,000
-36.6%
United States
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How hot is the Buchanan housing market?
Buchanan is somewhat competitive. Homes sell in 40 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 40 days.
Hot homes
can sell for about 2% above list price and go pending in around 19 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Buchanan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Buchanan.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Buchanan has a moderate risk of flooding. 132 properties in Buchanan are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Buchanan. Flood risk is increasing slower than the national average.
47% of properties are at risk of wildfire over the next 30 years
Fire Factor
Buchanan has a moderate risk of wildfire. There are 963 properties in Buchanan that have some risk of being affected by wildfire over the next 30 years. This represents 47% of all properties in Buchanan.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Buchanan has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Buchanan is most at risk from hurricanes. 2,038 properties in Buchanan have some risk of being in a severe wind event within the next 30 years.