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HANCOCK, MI 49930

Real Estate Market Report  ·  Houghton County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
11
⇧ 37.5% vs 8 last year
Pending
3
27% pending ratio
Median Price
$230,000
⇩ 7.6% vs $249,000 last year
Average Price
$279,114
⇧ 2.2% vs $273,143 last year
Days on Market
104
⇩ 21.2% vs 132 days last year

Market Context

Population: 7,266  ·  Density: 56.7/mi²  ·  Median household income: $60,109

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

Market Analysis

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

The HANCOCK, MI real estate market (49930) currently shows 11 active listings, with 3 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 104 days on market compared to 132 days last year.

The median listing price has fallen 7.6% year-over-year, from $249,000 to $230,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 8 last year
  • Days on market: 104 now vs 132 last year

Median & Average Pricing

Year over Year
  • Median: $230,000 (-7.6% YoY)
  • Average: $279,114 (+2.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 49.9 miles — 71 listings ($17,234,782 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49930Hancock, MI 499300.0 mi11$3,070,254$230,000$279,114
49934Hubbell, MI 499344.5 mi1$199,900$199,900$199,900
49913Calumet, MI 499136.9 mi22$5,061,628$209,500$230,074
49945Lake Linden, MI 4994510.7 mi7$1,170,750$160,500$167,250
49917Copper City, MI 4991712.0 mi2$203,900$101,950$101,950
49805Allouez, MI 4980515.0 mi1$149,000$149,000$149,000
49958Pelkie, MI 4995824.4 mi5$833,900$175,000$166,780
49908Baraga, MI 4990827.9 mi2$194,900$97,450$97,450
49946Lanse, MI 4994631.6 mi9$1,975,050$199,900$219,450
49918Copper Harbor, MI 4991838.9 mi2$1,414,000$707,000$707,000
49970Watton, MI 4997043.0 mi1$0$0$0
49919Covington, MI 4991944.9 mi6$2,623,500$386,500$437,250
49967Trout Creek, MI 4996749.9 mi2$338,000$169,000$169,000

Frequently Asked Questions

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

As of January 2026, there are 11 active listings in HANCOCK, MI (zip code 49930), compared to 8 the prior year.

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

The median listing price in HANCOCK, MI 49930 is $230,000 as of January 2026, a 7.6% decrease from $249,000 the prior year.

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

Homes in HANCOCK, MI 49930 spend an average of 104 days on the market before going under contract, compared to 132 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 January 2026, HANCOCK, MI 49930 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 104 days on market compared to 132 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 $4,600 compared to a typical 5% commission on the median listing price of $230,000. 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.