49253 — Lenawee County, Michigan Market Snapshot
Housing market data for zip code 49253 in Lenawee County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$1,100,000
Days to Sell
54
Homes Sold
11
Inventory
26
Sale-to-List
96.2%
New Listings
29
Price/SqFt
$420
Pending Sales
23
Jumbo Loan Likely Needed
The median home in 49253 at $1,100,000 exceeds the 2026 conforming loan limit of $832,750 by $267,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
49253's market is balanced with homes taking an average of 54 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 49253 sells for 3.8% below asking price (96.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 49253 at $1,100,000 exceeds the 2026 conforming loan limit of $832,750 by $267,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 49253 are set at the county level.
2026 Loan Limits — Lenawee County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49253
To purchase the median home at $1,100,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $8,578.
Monthly Payment
$8,578
Income Required
$367,622
Principal & Interest
$6,778/mo
Down Payment (5%)
$55,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49253.
Estimated Monthly Payment
$6,958
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 49253.
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