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ALLOUEZ, MI 49805

Real Estate Market Report  ·  Keweenaw County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The ALLOUEZ, MI real estate market (49805) currently shows 5 active listings. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 67 days on market compared to 55 days last year.

The median listing price has fallen 28.7% year-over-year, from $1,100,000 to $784,471.

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 Context

Market Context

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

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

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
0
0% pending ratio
Median Price
$784,471
⇩ 28.7% vs $1,100,000 last year
Average Price
$720,107
⇩ 34.5% vs $1,100,000 last year
Days on Market
67
⇧ 21.8% vs 55 days last year

Price Per Square Foot

Median $/sqft
$256
⇩ 58.6% vs $618/sqft last year
Median Home Size
2,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 67 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $784,471 (-28.7% YoY)
  • Average: $720,107 (-34.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 65.0 miles — 51 listings ($24,113,146 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 mi1$101,950$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 mi16$6,414,400$359,000$400,900
49963South Range, MI 4996323.9 mi1$200,000$200,000$200,000
49918Copper Harbor, MI 4991827.5 mi2$1,409,000$704,500$704,500
49962Skanee, MI 4996238.2 mi3$1,416,000$472,000$472,000
49908Baraga, MI 4990842.1 mi3$351,375$111,225$117,125
49808Big Bay, MI 4980844.2 mi3$2,949,900$1,380,000$983,300
49861Michigamme, MI 4986154.4 mi5$6,868,625$1,062,500$1,373,725
49814Champion, MI 4981459.4 mi12$3,609,996$347,500$300,833
49967Trout Creek, MI 4996765.0 mi2$338,000$169,000$169,000

Frequently Asked Questions

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

As of July 2026, there are 5 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 $784,471 as of July 2026, a 28.7% decrease from $1,100,000 the prior year.

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

Homes in ALLOUEZ, MI 49805 spend an average of 67 days on the market before going under contract, compared to 55 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 July 2026, ALLOUEZ, MI 49805 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 55 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 $15,689 compared to a typical 5% commission on the median listing price of $784,471. 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.