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NEGAUNEE, MI 49866

Real Estate Market Report  ·  Marquette County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEGAUNEE, MI real estate market (49866) currently shows 18 active listings, with 8 pending sales. Homes are averaging 44 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 44 days on market compared to 68 days last year.

The median listing price has risen 8.4% year-over-year, from $327,400 to $354,900.

Whether you are buying or selling in NEGAUNEE, 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: 8,233  ·  Density: 15.8/mi²  ·  Median household income: $75,854

Typical home value: $174,996  ·  Homeownership: 85.3%

Market Overview

Active Listings
18
⇩ 5.3% vs 19 last year
Pending
8
44% pending ratio
Median Price
$354,900
⇧ 8.4% vs $327,400 last year
Average Price
$311,661
⇩ 10% vs $346,364 last year
Days on Market
44
⇩ 35.3% vs 68 days last year

Price Per Square Foot

Median $/sqft
$193
⇧ 12.2% vs $172/sqft last year
Median Home Size
1,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 19 last year
  • Days on market: 44 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $354,900 (+8.4% YoY)
  • Average: $311,661 (-10% 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 45.2 miles — 109 listings ($35,894,644 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49866Negaunee, MI 498660.0 mi16$5,526,176$409,900$345,386
49849Ishpeming, MI 4984910.1 mi24$9,662,136$328,000$402,589
49814Champion, MI 4981413.4 mi12$3,609,996$347,500$300,833
49841Gwinn, MI 4984120.8 mi16$4,575,936$209,000$285,996
49879Republic, MI 4987924.7 mi8$2,465,488$269,900$308,186
49962Skanee, MI 4996229.4 mi3$1,416,000$472,000$472,000
49946Lanse, MI 4994634.0 mi5$1,438,335$385,000$287,667
49825Eben Junction, MI 4982534.9 mi3$1,475,001$425,000$491,667
49919Covington, MI 4991936.9 mi5$2,035,125$367,250$407,025
49891Trenary, MI 4989137.4 mi2$260,000$130,000$130,000
49816Chatham, MI 4981641.1 mi4$1,666,268$414,150$416,567
49903Amasa, MI 4990342.0 mi8$1,412,808$139,900$176,601
49908Baraga, MI 4990845.2 mi3$351,375$111,225$117,125

Frequently Asked Questions

How many homes are for sale in NEGAUNEE, MI 49866?

As of March 2026, there are 18 active listings in NEGAUNEE, MI (zip code 49866), compared to 19 the prior year.

What is the median home price in NEGAUNEE, MI 49866?

The median listing price in NEGAUNEE, MI 49866 is $354,900 as of March 2026, a 8.4% increase from $327,400 the prior year.

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

Homes in NEGAUNEE, MI 49866 spend an average of 44 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in NEGAUNEE, MI 49866?

Based on current inventory and days-on-market data as of March 2026, NEGAUNEE, MI 49866 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 44 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEGAUNEE, MI 49866 save an estimated $7,098 compared to a typical 5% commission on the median listing price of $354,900. 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.