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SKANDIA, MI 49885

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

Market Analysis

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

The SKANDIA, MI real estate market (49885) currently shows 2 active listings, with 2 pending sales. Homes are averaging 5 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 5 days on market compared to 20 days last year.

The median listing price has risen 17.8% year-over-year, from $352,250 to $415,000.

Whether you are buying or selling in SKANDIA, 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: 1,820  ·  Density: 4.8/mi²  ·  Median household income: $70,833

Typical home value: $204,062  ·  Homeownership: 95.1%

Market Overview

Active Listings
2
⇩ 66.7% vs 6 last year
Pending
2
100% pending ratio
Median Price
$415,000
⇧ 17.8% vs $352,250 last year
Average Price
$415,000
⇧ 18.3% vs $350,904 last year
Days on Market
5
⇩ 75% vs 20 days last year

Price Per Square Foot

Median $/sqft
$186
⇩ 11.4% vs $210/sqft last year
Median Home Size
2,227 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 6 last year
  • Days on market: 5 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $415,000 (+17.8% YoY)
  • Average: $415,000 (+18.3% 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 40.2 miles — 108 listings ($54,410,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49825Eben Junction, MI 4982510.0 mi3$1,475,001$425,000$491,667
49891Trenary, MI 4989111.1 mi2$260,000$130,000$130,000
49806Au Train, MI 4980615.3 mi4$4,795,468$797,000$1,198,867
49880Rock, MI 4988015.9 mi4$1,255,500$327,225$313,875
49855Marquette, MI 4985519.8 mi42$29,497,482$593,000$702,321
49872Perkins, MI 4987223.3 mi2$334,900$167,450$167,450
49866Negaunee, MI 4986626.4 mi16$5,526,176$409,900$345,386
49895Wetmore, MI 4989528.1 mi11$3,660,338$297,125$332,758
49831Felch, MI 4983132.8 mi2$340,000$170,000$170,000
49834Foster City, MI 4983435.8 mi3$1,248,801$329,900$416,267
49814Champion, MI 4981438.3 mi12$3,609,996$347,500$300,833
49894Wells, MI 4989439.3 mi3$409,050$153,050$136,350
49884Shingleton, MI 4988440.2 mi4$1,997,800$499,450$499,450

Frequently Asked Questions

How many homes are for sale in SKANDIA, MI 49885?

As of April 2026, there are 2 active listings in SKANDIA, MI (zip code 49885), compared to 6 the prior year.

What is the median home price in SKANDIA, MI 49885?

The median listing price in SKANDIA, MI 49885 is $415,000 as of April 2026, a 17.8% increase from $352,250 the prior year.

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

Homes in SKANDIA, MI 49885 spend an average of 5 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in SKANDIA, MI 49885?

Based on current inventory and days-on-market data as of April 2026, SKANDIA, MI 49885 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 20 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SKANDIA, MI 49885 save an estimated $8,300 compared to a typical 5% commission on the median listing price of $415,000. 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.