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HANCOCK, MI 49930

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The HANCOCK, MI real estate market (49930) currently shows 31 active listings, with 10 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 29 days on market compared to 64 days last year.

The median listing price has fallen 4.7% year-over-year, from $353,500 to $337,000.

Whether you are buying or selling in HANCOCK, 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: 7,266  ·  Density: 56.7/mi²  ·  Median household income: $60,109

Typical home value: $179,883  ·  Homeownership: 64.3%

Market Overview

Active Listings
31
⇧ 19.2% vs 26 last year
Pending
10
32% pending ratio
Median Price
$337,000
⇩ 4.7% vs $353,500 last year
Average Price
$348,249
⇩ 13.3% vs $401,533 last year
Days on Market
29
⇩ 54.7% vs 64 days last year

Price Per Square Foot

Median $/sqft
$154
⇧ 6.9% vs $144/sqft last year
Median Home Size
1,843 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 26 last year
  • Days on market: 29 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $337,000 (-4.7% YoY)
  • Average: $348,249 (-13.3% 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 50.7 miles — 65 listings ($24,796,054 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49930Hancock, MI 499300.0 mi11$3,232,966$249,750$293,906
49934Hubbell, MI 499344.5 mi1$199,900$199,900$199,900
49963South Range, MI 499638.9 mi1$200,000$200,000$200,000
49945Lake Linden, MI 4994510.7 mi9$2,777,697$189,900$308,633
49917Copper City, MI 4991712.0 mi1$101,950$101,950$101,950
49805Allouez, MI 4980515.0 mi1$149,000$149,000$149,000
49958Pelkie, MI 4995824.4 mi4$656,320$170,000$164,080
49908Baraga, MI 4990827.9 mi3$351,375$111,225$117,125
49946Lanse, MI 4994631.6 mi5$1,438,335$385,000$287,667
49918Copper Harbor, MI 4991838.9 mi2$1,409,000$704,500$704,500
49861Michigamme, MI 4986143.8 mi5$6,868,625$1,062,500$1,373,725
49953Ontonagon, MI 4995349.0 mi10$3,800,890$175,000$380,089
49814Champion, MI 4981450.7 mi12$3,609,996$347,500$300,833

Frequently Asked Questions

How many homes are for sale in HANCOCK, MI 49930?

As of June 2026, there are 31 active listings in HANCOCK, MI (zip code 49930), compared to 26 the prior year.

What is the median home price in HANCOCK, MI 49930?

The median listing price in HANCOCK, MI 49930 is $337,000 as of June 2026, a 4.7% decrease from $353,500 the prior year.

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

Homes in HANCOCK, MI 49930 spend an average of 29 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in HANCOCK, MI 49930?

Based on current inventory and days-on-market data as of June 2026, HANCOCK, MI 49930 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 29 days on market compared to 64 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HANCOCK, MI 49930 save an estimated $6,740 compared to a typical 5% commission on the median listing price of $337,000. 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.