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SOUTH RANGE, MI 49963

Real Estate Market Report  ·  Houghton County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The SOUTH RANGE, MI real estate market (49963) currently shows 5 active listings, with 2 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 4 days last year.

The median listing price has fallen 30% year-over-year, from $259,900 to $182,000.

Whether you are buying or selling in SOUTH RANGE, 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: 523  ·  Density: 45.9/mi²  ·  Median household income: $45,313

Typical home value: $75,126  ·  Homeownership: 84.8%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
2
40% pending ratio
Median Price
$182,000
⇩ 30% vs $259,900 last year
Average Price
$189,167
⇩ 27.2% vs $259,900 last year
Days on Market
48
⇧ 1100% vs 4 days last year

Price Per Square Foot

Median $/sqft
$128
⇩ 15.8% vs $152/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 48 now vs 4 last year

Median & Average Pricing

Year over Year
  • Median: $182,000 (-30% YoY)
  • Average: $189,167 (-27.2% 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
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 47.0 miles — 47 listings ($21,386,556 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49963South Range, MI 499630.0 mi1$200,000$200,000$200,000
49905Atlantic Mine, MI 499055.3 mi5$2,773,335$540,000$554,667
49930Hancock, MI 499308.9 mi11$3,232,966$249,750$293,906
49965Toivola, MI 4996512.5 mi2$864,000$432,000$432,000
49958Pelkie, MI 4995816.2 mi4$656,320$170,000$164,080
49901Ahmeek, MI 4990120.6 mi1$52,900$52,900$52,900
49917Copper City, MI 4991720.8 mi1$101,950$101,950$101,950
49946Lanse, MI 4994626.9 mi5$1,438,335$385,000$287,667
49962Skanee, MI 4996228.4 mi3$1,416,000$472,000$472,000
49919Covington, MI 4991938.5 mi5$2,035,125$367,250$407,025
49861Michigamme, MI 4986139.8 mi5$6,868,625$1,062,500$1,373,725
49967Trout Creek, MI 4996741.2 mi2$338,000$169,000$169,000
49918Copper Harbor, MI 4991847.0 mi2$1,409,000$704,500$704,500

Frequently Asked Questions

How many homes are for sale in SOUTH RANGE, MI 49963?

As of July 2026, there are 5 active listings in SOUTH RANGE, MI (zip code 49963), compared to 1 the prior year.

What is the median home price in SOUTH RANGE, MI 49963?

The median listing price in SOUTH RANGE, MI 49963 is $182,000 as of July 2026, a 30% decrease from $259,900 the prior year.

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

Homes in SOUTH RANGE, MI 49963 spend an average of 48 days on the market before going under contract, compared to 4 days the prior year.

Is it a seller's or buyer's market in SOUTH RANGE, MI 49963?

Based on current inventory and days-on-market data as of July 2026, SOUTH RANGE, MI 49963 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 4 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SOUTH RANGE, MI 49963 save an estimated $3,640 compared to a typical 5% commission on the median listing price of $182,000. 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.