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GAASTRA, MI 49927

Real Estate Market Report  ·  Iron County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GAASTRA, MI real estate market (49927) currently shows 1 active listings, with 1 pending sales. Homes are averaging 301 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 301 days on market compared to 126 days last year.

The median listing price has fallen 36.4% year-over-year, from $109,950 to $69,900.

Whether you are buying or selling in GAASTRA, 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: 390  ·  Density: 9.1/mi²  ·  Median household income: $57,000

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

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$69,900
⇩ 36.4% vs $109,950 last year
Average Price
$69,900
⇩ 36.4% vs $109,950 last year
Days on Market
301
⇧ 138.9% vs 126 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 301 now vs 126 last year

Median & Average Pricing

Year over Year
  • Median: $69,900 (-36.4% YoY)
  • Average: $69,900 (-36.4% 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 March 2026, there are 1 active listings in GAASTRA, MI (zip code 49927), compared to 1 the prior year.

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

The median listing price in GAASTRA, MI 49927 is $69,900 as of March 2026, a 36.4% decrease from $109,950 the prior year.

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

Homes in GAASTRA, MI 49927 spend an average of 301 days on the market before going under contract, compared to 126 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 March 2026, GAASTRA, MI 49927 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 301 days on market compared to 126 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 $1,398 compared to a typical 5% commission on the median listing price of $69,900. 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.