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County Overview

Gogebic County, MI

Aggregate real estate market report across county ZIPs
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Gogebic County, MI real estate market currently shows 75 active listings, with 19 pending sales. Homes are averaging 125 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 125 days on market compared to 141 days last year.

The median listing price has risen 28.2% year-over-year, from $195,000 to $249,975.

Whether you are buying or selling in Gogebic County, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,738  ·  Density: 15.0/mi²  ·  Median household income: $46,471

Typical home value: $90,846  ·  Homeownership: 82.9%

Included Areas

Bessemer: 49911

Ironwood: 49938

Marenisco: 49947

Ramsay: 49959

Wakefield: 49968

Watersmeet: 49969

Area Map

Market Overview

Active Listings
75
⇧ 19% vs 63 last year
Pending
19
25% pending ratio
Median Price
$249,975
⇧ 28.2% vs $195,000 last year
Average Price
$685,237
⇧ 129.1% vs $299,058 last year
Days on Market
125
⇩ 11.3% vs 141 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 1.5% vs $132/sqft last year
Median Home Size
1,442 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 47% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %