Buchanan Real Estate
35 active listings · 121 sold in the past 12mo
$399,000
Median List Price
121
Sold (past 12mo)
70
Avg Days on Market
-1.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Buchanan Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Buchanan and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(35)
View all with filters →
For Sale
1/65
$2,995,000
2122 Grange Road, Buchanan, MI 49107
8 bd8 ba7,943 sqft68.48 ac
Single Family
For Sale
1/85
$2,550,000
13741 S Indian Springs Road, Buchanan, MI 49107
3 bd4 ba5,530 sqft4.08 ac
Single Family
For Sale
1/65
$1,949,000
2099 E Clear Lake Road, Buchanan, MI 49107
4 bd4 ba4,273 sqft49 ac
Single Family
For Sale
1/86
$989,000
1055 Mount Tabor Road, Buchanan, MI 49107
2 bd2 ba2,520 sqft0.50 ac
Single Family
For Sale
1/39
$985,000
24 Camp Madron Road, Buchanan, MI 49107
3 bd4 ba3,214 sqft0.50 ac
Single Family
For Sale
1/30
$749,000
15891 Lakeview Drive, Buchanan, MI 49107
3 bd3 ba2,100 sqft0.41 ac
Single Family
For Sale
1/39
$674,900
3181 Chamberlain Road, Buchanan, MI 49107
4 bd3 ba2,771 sqft4.25 ac
Single Family
For Sale
1/33
$645,000
14823 N Main Street, Buchanan, MI 49107
3 bd2 ba1,400 sqft2.56 ac
Single Family
For Sale
1/26
$599,900
3297 W Front Street, Buchanan, MI 49107
5 bd3 ba3,462 sqft5.53 ac
Single Family
For Sale
1/30
$540,000
3045 Little Glendora Road, Buchanan, MI 49107
5 bd3 ba2,885 sqft6 ac
Single Family
For Sale
1/39
$499,999
2912 Niles Buchanan Road, Buchanan, MI 49107
6 bd3 ba1,881 sqft10.10 ac
Single Family
For Sale
1/29
$484,000
2311 E Glendora Road, Buchanan, MI 49107
3 bd2 ba2,176 sqft10.38 ac
Single Family
For Sale
1/49
$469,000
2917 White Oaks Ridge, Buchanan, MI 49107
3 bd2 ba1,580 sqft0.69 ac
Single Family
For Sale
1/36
$465,000
6460 E Galien Buchanan Road, Buchanan, MI 49107
3 bd2 ba2,232 sqft5.45 ac
Single Family
For Sale
1/72
$459,900
14021 Pardee Road, Buchanan, MI 49107
3 bd2 ba1,848 sqft1 ac
Single Family
For Sale
1/39
$400,000
3262 W Wagner Road, Buchanan, MI 49107
3 bd3 ba1,853 sqft14.64 ac
Single Family
For Sale
1/16
$399,000
4935 Curran Road, Buchanan, MI 49107
3 bd1 ba1,627 sqft20 ac
Single Family
For Sale
1/52
$399,000
5770 W US Highway 12, Buchanan, MI 49107
3 bd1 ba1,152 sqft11 ac
Single Family
Under Contract
1/35
$360,000
703 Ottawa Court, Buchanan, MI 49107
4 bd4 ba2,074 sqft0.28 ac
Single Family
For Sale
1/27
$349,000
16172 Brookwood Drive, Buchanan, MI 49107
4 bd3 ba2,208 sqft0.43 ac
Single Family
Under Contract
1/26
$340,000
4270 Chamberlain Road, Buchanan, MI 49107
4 bd3 ba3,184 sqft0.91 ac
Single Family
Under Contract
1/40
$289,000
15684 Madron Lake Road, Buchanan, MI 49107
4 bd2 ba2,508 sqft4.35 ac
Single Family
Under Contract
1/29
$279,000
4448 E River Road, Buchanan, MI 49107
5 bd3 ba2,814 sqft1.71 ac
Mfg Home
Under Contract
1/20
$269,900
3720 Chamberlain Road, Buchanan, MI 49107
3 bd2 ba2,096 sqft1.14 ac
Single Family
Recently Sold(121)
Frequently Asked Questions about Buchanan
Are there homes available in Buchanan right now?
Buchanan currently has 35 homes listed for sale. The median asking price is $399,000.
How much do homes cost in Buchanan?
The median sale price in Buchanan is $399,000, based on 121 closed sales over the past 12 months.
How long do homes stay on the market in Buchanan?
Homes in Buchanan sell in an average of 70 days, based on 121 sales over the past 12 months.
What schools are in Buchanan?
Buchanan is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Buchanan may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Buchanan?
With 3.5 months of inventory, Buchanan is currently a balanced market. This is based on 35 active listings and 121 sales in the past 12 months.
What are property taxes like in Buchanan?
Michigan property taxes in Buchanan are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
Is housing demand growing in Buchanan?
Per U.S. Census ACS data, Buchanan has a -1.8% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.42 to 2.39, while population declined 3.1%. This secondary indicator suggests demographic housing demand has remained relatively stable.