Michigamme, MI—49861
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$203,000
6.5% YoY Growth
Household Income
$66,800
28.8% YoY Growth
Days on Market
151
155.0% Longer YoY
Home Price Forecast
4.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Michigamme, MI
As of Nov '25, the median home price in Michigamme, MI is $203,000, with a year-over-year change of 6.5%. This indicates that home prices in Michigamme, MI are increasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 6.5% |
| Single Family | $202,000 | 6.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |