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GAASTRA, MI 49927

Real Estate Market Report  ·  Iron County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The GAASTRA, MI real estate market (49927) currently shows 1 active listings. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42 days on market compared to 96 days last year.

The median listing price has risen 55.6% year-over-year, from $77,400 to $120,425.

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Market Context

Market Context

Population: 390  ·  Density: 9.1/mi²  ·  Median household income: $57,000

Typical home value: $61,877  ·  Homeownership: 95.4%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$120,425
⇧ 55.6% vs $77,400 last year
Average Price
$120,425
⇧ 29.1% vs $93,250 last year
Days on Market
42
⇩ 56.3% vs 96 days last year

Price Per Square Foot

Median $/sqft
$80
⇧ 15.9% vs $69/sqft last year
Median Home Size
1,483 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 42 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $120,425 (+55.6% YoY)
  • Average: $120,425 (+29.1% 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 34.4 miles — 167 listings ($84,620,164 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49927Gaastra, MI 499270.0 mi1$69,900$69,900$69,900
49902Alpha, MI 499029.3 mi4$703,668$149,900$175,917
49935Iron River, MI 4993513.3 mi33$11,534,622$187,000$349,534
54121Florence, WI 5412117.1 mi9$2,763,036$296,113$307,004
49903Amasa, MI 4990320.4 mi8$1,412,808$139,900$176,601
54511Argonne, WI 5451125.5 mi9$4,327,317$298,425$480,813
49801Iron Mountain, MI 4980128.0 mi29$7,831,856$176,850$270,064
54562Three Lakes, WI 5456229.4 mi6$7,746,300$1,675,000$1,291,050
49879Republic, MI 4987931.1 mi8$2,465,488$269,900$308,186
49919Covington, MI 4991932.8 mi5$2,035,125$367,250$407,025
54519Conover, WI 5451933.5 mi3$2,202,000$734,000$734,000
54521Eagle River, WI 5452134.0 mi45$39,965,175$429,250$888,115
49870Norway, MI 4987034.4 mi7$1,562,869$174,900$223,267

Frequently Asked Questions

How many homes are for sale in GAASTRA, MI 49927?

As of September 2026, there are 1 active listings in GAASTRA, MI (zip code 49927), compared to 3 the prior year.

What is the median home price in GAASTRA, MI 49927?

The median listing price in GAASTRA, MI 49927 is $120,425 as of September 2026, a 55.6% increase from $77,400 the prior year.

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

Homes in GAASTRA, MI 49927 spend an average of 42 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in GAASTRA, MI 49927?

Based on current inventory and days-on-market data as of September 2026, GAASTRA, MI 49927 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 96 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GAASTRA, MI 49927 save an estimated $2,409 compared to a typical 5% commission on the median listing price of $120,425. 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.