County Road I-39-Rapid River Bridge · Photo: Yooperann · CC BY-SA 3.061 homes sold in Masonville Township in the last year, at a typical $237K
Redfin reports Masonville Township’s sales by ZIP code, so these figures are for ZIP 49878, which takes in Masonville Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Masonville Township homes are listed.
Every place Masonville Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Masonville Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Masonville Township’s sales, at a typical $237K
61 homes sold in the year to May 2026.
typical sale · 61 sold in 12 months
- Per square foot
- $191MI $172
- Days to sell
- 47
- Sold over asking
- 32%
About as many homes sell as usual, at 2.5 times the 2016 price
61 sales in the last year, against 87 in 2021 and a low of 41 in 2013. The typical sale went from $97K in 2016 to $237K.
Source: Redfin Data Center, MLS sales; for ZIP 49878, which takes in Masonville Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Masonville Township
Check a listing against what Masonville Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Masonville Township are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of home sales in ZIP 49878 since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 61 sales.
If you’re buying in Masonville Township
- Shop in June. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Bid near asking. Buyers paid 99.7% of the list price on average; 32% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 47 days.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 12 a month), but September is the most competitive: 17% of September sales close over asking. February has the least competition (6%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Michigan as a whole
| Masonville Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 3% | 12% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 4% | 5% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 93.7% | 96.5% | 98.4% |
| Days to sellMedian days from listing to contract | 47 | 117 | 68 | 33 |
17 homes for sale on a typical day
That’s 1.2 times the 2023 low (14), 64% fewer than in 2017–19 and well under 2015’s 65.
Source: Redfin Data Center, ZIP code tracker; for ZIP 49878, which takes in Masonville Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Masonville Township home costs about $1,452 a month
Price: Masonville Township’s typical sale, last 12 months. Property tax at Masonville Township’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Masonville Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $237K home, about $2,590 a year.
Taxes vs. neighborsSchools
The schools grade for Masonville Township, from test results, graduation and how much students grow.
Schools in Masonville TownshipTypical commute
The average one-way trip to work for people who live in Masonville Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Gladstone and Escanaba sell for less a square foot
The busier markets within 25 miles of Masonville Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Escanaba | 138 | $164K | $118 | 28% | 50 |
| Masonville Township (ZIP 49878) | 61 | $237K | $191 | 32% | 47 |
| Gladstone | 51 | $201K | $124 | 24% | 49 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Masonville Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Masonville Township. People who follow the town see it, and so do people comparing Masonville Township with their own town. No commission, no listing fee.
Questions about buying a home in Masonville Township
What do homes sell for in Masonville Township, MI?
61 homes sold in the year to May 2026 at a typical $237K, $191 a square foot.
Is Masonville Township a buyer’s or seller’s market?
A balanced market: 20 homes were for sale in May 2026 and 5 sold, about 4 months of supply. Buyers paid 99.7% of asking on average.
When is the best time to buy in Masonville Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Masonville Township?
About 1.1% of a home’s value a year. On a $237K home that’s near $2,590.
Where can I see homes for sale in Masonville Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Masonville Township’s MLS listings; the search links above open each one filtered to Masonville Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49878, which takes in Masonville Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).