Unshakable ZIP Data 49861 | Michigamme, MI Housing Market
Michigamme · Baraga County · Marquette, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49861, Michigamme, Michigan is $330,902 at $267 per square foot. 2 single-family homes sold in the latest period, down 74.3 percent from a year earlier. Homes sit a median of 67 days on market with 14.3 months of supply. Sellers are getting 90.6 percent of list price and 0.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $221,847 | |
| Average price per sq ft | $179 | |
| Median sale price | $330,902 | |
| Median sale price per sq ft | $267 | |
| Median home size | 1,239 sq ft | |
| Median new listing price | $339,547 | -15.1% |
| National size rank | 26,970 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 2 | -74.3% |
| Median days on market | 67 days | |
| Months of supply | 14.3 months | |
| New listings | 8 | -26.2% |
| Active listings | 13 | -26.9% |
| Pending sales | 2 | -74.7% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 90.6% | -7.5 pts |
| Share sold above list | 0.0% | -25.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$221,464
3-bedroom
$303,790
These figures describe the single-family market for Michigamme, Michigan ZIP 49861. They are market context, not a substitute for sold comps or a formal appraisal.