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ISHPEMING, MI 49849

Real Estate Market Report  ·  Marquette County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The ISHPEMING, MI real estate market (49849) currently shows 58 active listings, with 27 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 45 days last year.

The median listing price has fallen 5.8% year-over-year, from $236,700 to $223,000.

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Market Context

Market Context

Population: 12,069  ·  Density: 19.3/mi²  ·  Median household income: $65,429

Typical home value: $137,674  ·  Homeownership: 82.0%

Market Overview

Active Listings
58
⇧ 93.3% vs 30 last year
Pending
27
47% pending ratio
Median Price
$223,000
⇩ 5.8% vs $236,700 last year
Average Price
$238,865
⇩ 26.4% vs $324,682 last year
Days on Market
31
⇩ 31.1% vs 45 days last year

Price Per Square Foot

Median $/sqft
$155
⇩ 20.5% vs $195/sqft last year
Median Home Size
1,478 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 30 last year
  • Days on market: 31 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $223,000 (-5.8% YoY)
  • Average: $238,865 (-26.4% 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
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 39.0 miles — 150 listings ($68,897,240 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49849Ishpeming, MI 498490.0 mi24$9,662,136$328,000$402,589
49871Palmer, MI 4987111.2 mi3$797,850$265,950$265,950
49879Republic, MI 4987916.1 mi8$2,465,488$269,900$308,186
49855Marquette, MI 4985517.7 mi42$29,497,482$593,000$702,321
49861Michigamme, MI 4986121.4 mi5$6,868,625$1,062,500$1,373,725
49808Big Bay, MI 4980827.3 mi3$2,949,900$1,380,000$983,300
49920Crystal Falls, MI 4992032.1 mi20$3,430,900$149,900$171,545
49962Skanee, MI 4996232.7 mi3$1,416,000$472,000$472,000
49946Lanse, MI 4994633.8 mi5$1,438,335$385,000$287,667
49822Deerton, MI 4982235.3 mi2$1,575,000$787,500$787,500
49801Iron Mountain, MI 4980136.8 mi29$7,831,856$176,850$270,064
49891Trenary, MI 4989137.7 mi2$260,000$130,000$130,000
49902Alpha, MI 4990239.0 mi4$703,668$149,900$175,917

Frequently Asked Questions

How many homes are for sale in ISHPEMING, MI 49849?

As of September 2026, there are 58 active listings in ISHPEMING, MI (zip code 49849), compared to 30 the prior year.

What is the median home price in ISHPEMING, MI 49849?

The median listing price in ISHPEMING, MI 49849 is $223,000 as of September 2026, a 5.8% decrease from $236,700 the prior year.

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

Homes in ISHPEMING, MI 49849 spend an average of 31 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in ISHPEMING, MI 49849?

Based on current inventory and days-on-market data as of September 2026, ISHPEMING, MI 49849 is currently a Balanced Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ISHPEMING, MI 49849 save an estimated $4,460 compared to a typical 5% commission on the median listing price of $223,000. 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.