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Lakewood Silver Creek Estates

MARQUETTE, MI 49855

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

Neighborhoods in ZIP 49855

Lakewood · Silver Creek Estates

Market Analysis

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

The MARQUETTE, MI real estate market (49855) currently shows 48 active listings, with 21 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 70 days last year.

The median listing price has risen 12.9% year-over-year, from $544,000 to $614,000.

Whether you are buying or selling in MARQUETTE, 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: 33,075  ·  Density: 61.7/mi²  ·  Median household income: $62,168

Typical home value: $235,114  ·  Homeownership: 60.0%

Market Overview

Active Listings
48
⇧ 2.1% vs 47 last year
Pending
21
44% pending ratio
Median Price
$614,000
⇧ 12.9% vs $544,000 last year
Average Price
$680,336
⇧ 7.9% vs $630,438 last year
Days on Market
42
⇩ 40% vs 70 days last year

Price Per Square Foot

Median $/sqft
$296
⇧ 11.7% vs $265/sqft last year
Median Home Size
1,900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 47 last year
  • Days on market: 42 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $614,000 (+12.9% YoY)
  • Average: $680,336 (+7.9% 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 46.9 miles — 129 listings ($64,628,006 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49855Marquette, MI 498550.0 mi42$29,497,482$593,000$702,321
49871Palmer, MI 4987110.4 mi3$797,850$265,950$265,950
49841Gwinn, MI 4984120.4 mi16$4,575,936$209,000$285,996
49814Champion, MI 4981423.1 mi12$3,609,996$347,500$300,833
49825Eben Junction, MI 4982526.7 mi3$1,475,001$425,000$491,667
49891Trenary, MI 4989130.9 mi2$260,000$130,000$130,000
49861Michigamme, MI 4986133.3 mi5$6,868,625$1,062,500$1,373,725
49879Republic, MI 4987933.5 mi8$2,465,488$269,900$308,186
49962Skanee, MI 4996236.7 mi3$1,416,000$472,000$472,000
49862Munising, MI 4986237.7 mi19$8,417,589$280,500$443,031
49872Perkins, MI 4987242.0 mi2$334,900$167,450$167,450
49834Foster City, MI 4983442.9 mi3$1,248,801$329,900$416,267
49895Wetmore, MI 4989546.9 mi11$3,660,338$297,125$332,758

Frequently Asked Questions

How many homes are for sale in MARQUETTE, MI 49855?

As of March 2026, there are 48 active listings in MARQUETTE, MI (zip code 49855), compared to 47 the prior year.

What is the median home price in MARQUETTE, MI 49855?

The median listing price in MARQUETTE, MI 49855 is $614,000 as of March 2026, a 12.9% increase from $544,000 the prior year.

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

Homes in MARQUETTE, MI 49855 spend an average of 42 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in MARQUETTE, MI 49855?

Based on current inventory and days-on-market data as of March 2026, MARQUETTE, MI 49855 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 70 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MARQUETTE, MI 49855 save an estimated $12,280 compared to a typical 5% commission on the median listing price of $614,000. 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.