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ALLOUEZ, MI 49805

Real Estate Market Report  ·  Keweenaw County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$149,000
⇩ 54.4% vs $327,000 last year
Average Price
$149,000
⇩ 54.4% vs $327,000 last year
Days on Market
39
⇩ 63.6% vs 107 days last year

Market Context

Population: 516  ·  Density: 6.2/mi²  ·  Median household income: $46,786

Typical home value: $108,946  ·  Homeownership: 86.7%

Market Analysis

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

The ALLOUEZ, MI real estate market (49805) currently shows 1 active listings. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39 days on market compared to 107 days last year.

The median listing price has fallen 54.4% year-over-year, from $327,000 to $149,000.

Whether you are buying or selling in ALLOUEZ, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 39 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $149,000 (-54.4% YoY)
  • Average: $149,000 (-54.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 62.4 miles — 53 listings ($22,813,246 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49805Allouez, MI 498050.0 mi1$149,000$149,000$149,000
49917Copper City, MI 499174.8 mi2$203,900$101,950$101,950
49950Mohawk, MI 4995012.6 mi1$105,000$105,000$105,000
49934Hubbell, MI 4993412.9 mi1$199,900$199,900$199,900
49931Houghton, MI 4993117.9 mi13$3,742,804$279,000$287,908
49905Atlantic Mine, MI 4990522.7 mi6$3,328,002$540,000$554,667
49918Copper Harbor, MI 4991827.5 mi2$1,414,000$707,000$707,000
49962Skanee, MI 4996238.2 mi3$1,416,000$472,000$472,000
49908Baraga, MI 4990842.1 mi2$194,900$97,450$97,450
49808Big Bay, MI 4980844.2 mi3$3,149,901$1,480,000$1,049,967
49861Michigamme, MI 4986154.4 mi3$2,494,899$575,000$831,633
49919Covington, MI 4991958.0 mi6$2,623,500$386,500$437,250
49953Ontonagon, MI 4995362.4 mi10$3,791,440$175,000$379,144

Frequently Asked Questions

How many homes are for sale in ALLOUEZ, MI 49805?

As of January 2026, there are 1 active listings in ALLOUEZ, MI (zip code 49805), compared to 2 the prior year.

What is the median home price in ALLOUEZ, MI 49805?

The median listing price in ALLOUEZ, MI 49805 is $149,000 as of January 2026, a 54.4% decrease from $327,000 the prior year.

How long do homes stay on the market in ALLOUEZ, MI?

Homes in ALLOUEZ, MI 49805 spend an average of 39 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in ALLOUEZ, MI 49805?

Based on current inventory and days-on-market data as of January 2026, ALLOUEZ, MI 49805 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 107 days last year.

How much can I save on real estate commission in ALLOUEZ, MI?

With SELL123.com's maximum 3% commission, sellers in ALLOUEZ, MI 49805 save an estimated $2,980 compared to a typical 5% commission on the median listing price of $149,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.