Active Listings
3
⇧ 200% vs 1 last year
Population: 499 · Density: 11.5/mi² · Median household income: $56,250
Typical home value: $65,235 · Homeownership: 87.5%
Data as of January 2026. Source: Realtor.com.
The PALMER, MI real estate market (49871) currently shows 3 active listings, with 1 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 86 days on market compared to 27 days last year.
The median listing price has risen 127.2% year-over-year, from $119,900 to $272,450.
Whether you are buying or selling in PALMER, 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 $ |
|---|---|---|---|---|---|---|
| 49871 | Palmer, MI 49871 | 0.0 mi | 3 | $817,350 | $272,450 | $272,450 |
| 49866 | Negaunee, MI 49866 | 10.6 mi | 19 | $6,763,886 | $409,900 | $355,994 |
| 49849 | Ishpeming, MI 49849 | 11.2 mi | 24 | $7,627,992 | $259,000 | $317,833 |
| 49814 | Champion, MI 49814 | 21.2 mi | 11 | $3,293,125 | $345,000 | $299,375 |
| 49880 | Rock, MI 49880 | 25.9 mi | 3 | $1,027,350 | $342,450 | $342,450 |
| 49825 | Eben Junction, MI 49825 | 26.5 mi | 2 | $966,000 | $399,000 | $483,000 |
| 49831 | Felch, MI 49831 | 27.1 mi | 2 | $534,900 | $267,450 | $267,450 |
| 49806 | Au Train, MI 49806 | 30.1 mi | 2 | $509,900 | $254,950 | $254,950 |
| 49861 | Michigamme, MI 49861 | 31.6 mi | 3 | $2,494,899 | $575,000 | $831,633 |
| 49816 | Chatham, MI 49816 | 32.0 mi | 5 | $2,057,835 | $349,900 | $411,567 |
| 49872 | Perkins, MI 49872 | 35.4 mi | 2 | $354,000 | $177,000 | $177,000 |
| 49862 | Munising, MI 49862 | 39.1 mi | 20 | $8,446,120 | $244,000 | $422,306 |
| 49920 | Crystal Falls, MI 49920 | 41.7 mi | 23 | $4,398,681 | $164,500 | $191,247 |
As of January 2026, there are 3 active listings in PALMER, MI (zip code 49871), compared to 1 the prior year.
The median listing price in PALMER, MI 49871 is $272,450 as of January 2026, a 127.2% increase from $119,900 the prior year.
Homes in PALMER, MI 49871 spend an average of 86 days on the market before going under contract, compared to 27 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PALMER, MI 49871 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 86 days on market compared to 27 days last year.
With SELL123.com's maximum 3% commission, sellers in PALMER, MI 49871 save an estimated $5,449 compared to a typical 5% commission on the median listing price of $272,450. 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.