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RAMSAY, MI 49959

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

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
0
0% pending ratio
Median Price
$184,000
⇧ 132% vs $79,310 last year
Average Price
$157,667
⇧ 98.8% vs $79,310 last year
Days on Market
90
⇩ 34.3% vs 137 days last year

Market Context

Population: 347  ·  Density: 133.7/mi²  ·  Median household income: $53,529

Typical home value: $0  ·  Homeownership: 85.3%

Market Analysis

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

The RAMSAY, MI real estate market (49959) currently shows 3 active listings. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 90 days on market compared to 137 days last year.

The median listing price has risen 132% year-over-year, from $79,310 to $184,000.

Whether you are buying or selling in RAMSAY, 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: 3 this year vs 1 last year
  • Days on market: 90 now vs 137 last year

Median & Average Pricing

Year over Year
  • Median: $184,000 (+132% YoY)
  • Average: $157,667 (+98.8% 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 38.2 miles — 73 listings ($26,985,097 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49959Ramsay, MI 499590.0 mi3$473,001$184,000$157,667
49968Wakefield, MI 499685.9 mi9$2,183,454$184,500$242,606
54534Hurley, WI 5453413.9 mi11$4,928,627$279,900$448,057
49947Marenisco, MI 4994718.9 mi8$3,035,904$250,000$379,488
54547Mercer, WI 5454720.0 mi10$4,268,370$392,500$426,837
54559Saxon, WI 5455922.6 mi3$408,801$149,900$136,267
49971White Pine, MI 4997124.1 mi4$1,067,800$271,450$266,950
54565Upson, WI 5456524.5 mi1$205,000$205,000$205,000
54512Boulder Junction, WI 5451230.3 mi4$3,698,000$924,500$924,500
49953Ontonagon, MI 4995335.1 mi10$3,791,440$175,000$379,144
54546Mellen, WI 5454636.3 mi4$1,148,000$287,000$287,000
54561Star Lake, WI 5456137.6 mi1$325,000$325,000$325,000
54514Butternut, WI 5451438.2 mi5$1,451,700$249,000$290,340

Frequently Asked Questions

How many homes are for sale in RAMSAY, MI 49959?

As of January 2026, there are 3 active listings in RAMSAY, MI (zip code 49959), compared to 1 the prior year.

What is the median home price in RAMSAY, MI 49959?

The median listing price in RAMSAY, MI 49959 is $184,000 as of January 2026, a 132% increase from $79,310 the prior year.

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

Homes in RAMSAY, MI 49959 spend an average of 90 days on the market before going under contract, compared to 137 days the prior year.

Is it a seller's or buyer's market in RAMSAY, MI 49959?

Based on current inventory and days-on-market data as of January 2026, RAMSAY, MI 49959 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 90 days on market compared to 137 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RAMSAY, MI 49959 save an estimated $3,680 compared to a typical 5% commission on the median listing price of $184,000. 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.