Active Listings
3
⇩ 62.5% vs 8 last year
Population: 561 · Density: 1.2/mi² · Median household income: $62,083
Typical home value: $199,033 · Homeownership: 97.3%
Data as of January 2026. Source: Realtor.com.
The MICHIGAMME, MI real estate market (49861) currently shows 3 active listings. Homes are averaging 153 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 153 days on market compared to 132 days last year.
The median listing price has fallen 11.5% year-over-year, from $649,900 to $575,000.
Whether you are buying or selling in MICHIGAMME, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49861 | Michigamme, MI 49861 | 0.0 mi | 3 | $2,494,899 | $575,000 | $831,633 |
| 49946 | Lanse, MI 49946 | 12.9 mi | 9 | $1,975,050 | $199,900 | $219,450 |
| 49879 | Republic, MI 49879 | 16.5 mi | 7 | $2,152,150 | $252,450 | $307,450 |
| 49970 | Watton, MI 49970 | 21.0 mi | 1 | $0 | $0 | $0 |
| 49849 | Ishpeming, MI 49849 | 21.5 mi | 24 | $7,627,992 | $259,000 | $317,833 |
| 49908 | Baraga, MI 49908 | 22.9 mi | 2 | $194,900 | $97,450 | $97,450 |
| 49815 | Channing, MI 49815 | 28.7 mi | 5 | $1,111,625 | $204,950 | $222,325 |
| 49920 | Crystal Falls, MI 49920 | 30.8 mi | 23 | $4,398,681 | $164,500 | $191,247 |
| 49855 | Marquette, MI 49855 | 33.3 mi | 49 | $32,073,685 | $559,000 | $654,565 |
| 49902 | Alpha, MI 49902 | 37.9 mi | 4 | $701,068 | $149,900 | $175,267 |
| 49967 | Trout Creek, MI 49967 | 38.3 mi | 2 | $338,000 | $169,000 | $169,000 |
| 49921 | Dodgeville, MI 49921 | 40.7 mi | 1 | $255,000 | $255,000 | $255,000 |
| 49948 | Mass City, MI 49948 | 41.4 mi | 2 | $450,000 | $225,000 | $225,000 |
As of January 2026, there are 3 active listings in MICHIGAMME, MI (zip code 49861), compared to 8 the prior year.
The median listing price in MICHIGAMME, MI 49861 is $575,000 as of January 2026, a 11.5% decrease from $649,900 the prior year.
Homes in MICHIGAMME, MI 49861 spend an average of 153 days on the market before going under contract, compared to 132 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MICHIGAMME, MI 49861 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 153 days on market compared to 132 days last year.
With SELL123.com's maximum 3% commission, sellers in MICHIGAMME, MI 49861 save an estimated $11,500 compared to a typical 5% commission on the median listing price of $575,000. 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.