138 homes sold in Tobacco Township in the last year, at a typical $200K
Redfin reports Tobacco Township’s sales by ZIP code, so these figures are for ZIP 48612, which takes in Tobacco Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Tobacco Township homes are listed.
Every place Tobacco 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 Tobacco 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 0% of Tobacco Township’s sales, at a typical — (year to May 2026)
138 homes sold in the year to September 2026.
About as many homes sell as usual, at 2.2 times the 2016 price
138 sales in the last year, against 218 in 2021 and a low of 98 in 2020. The typical sale went from $91K in 2016 to $200K.
Source: Redfin Data Center, MLS sales; for ZIP 48612, which takes in Tobacco 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Tobacco Township are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of home sales in ZIP 48612 since 2012 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 September 2026, 138 sales.
If you’re buying in Tobacco Township
- Shop in May. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 94.9% of the list price on average; 14% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 53 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 24 a month), but August is the most competitive: 18% of August sales close over asking. May and June offer nearly as much choice with fewer homes bid up (13%). January has the least competition (12%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Michigan
| Tobacco Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 14% | 20% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 3% | 21% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 94.9% | 94% | 96.4% | 98.1% |
| Days to sellMedian days from listing to contract | 53 | 93 | 58 | 36 |
42 homes for sale on a typical day
That’s 1.3 times the 2023 low (32), 35% fewer than in 2017–19 and well under 2012’s 120.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48612, which takes in Tobacco Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Tobacco Township home costs about $1,244 a month
Price: Tobacco Township’s typical sale, last 12 months. Property tax at Tobacco Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Tobacco 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 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $200K home, about $2,410 a year.
Taxes vs. neighborsSchools
The schools grade for Tobacco Township, from test results, graduation and how much students grow.
Schools in Tobacco TownshipTypical commute
The average one-way trip to work for people who live in Tobacco 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.
Gladwin, Clare and Pinconning sell for less a square foot
The busier markets within 25 miles of Tobacco 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 | |
|---|---|---|---|---|---|
| Midland | 293 | $252K | $151 | 33% | 22 |
| Tobacco Township (ZIP 48612) | 138 | $200K | $152 | 14% | 53 |
| Gladwin | 51 | $181K | $135 | 14% | 40 |
| Clare | 34 | $165K | $122 | 9% | 40 |
| Pinconning | 21 | $143K | $103 | 31% | 88 |
| Beaverton | 21 | $184K | $148 | 25% | 43 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Tobacco Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Tobacco Township. People who follow the town see it, and so do people comparing Tobacco Township with their own town. No commission, no listing fee.
Questions about buying a home in Tobacco Township
What do homes sell for in Tobacco Township, MI?
138 homes sold in the year to September 2026 at a typical $200K, $152 a square foot.
Is Tobacco Township a buyer’s or seller’s market?
A seller’s market: 43 homes were for sale in September 2026 and 13 sold, about 3.1 months of supply. Buyers paid 94.9% of asking on average.
When is the best time to buy in Tobacco Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Tobacco Township?
About 1.2% of a home’s value a year. On a $200K home that’s near $2,410.
Where can I see homes for sale in Tobacco Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Tobacco Township’s MLS listings; the search links above open each one filtered to Tobacco Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48612, which takes in Tobacco 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).