The Unshakable Investor

Unshakable ZIP Data 49911 | Bessemer, MI Housing Market

Bessemer · Gogebic County · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49911, Bessemer, Michigan is $55,983 at $84 per square foot. 9 single-family homes sold in the latest period, up 54.4 percent from a year earlier. Homes sit a median of 45 days on market with 7.1 months of supply. Sellers are getting 96.1 percent of list price and 33.3 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$117,876
Average price per sq ft$177
Median sale price$55,983
Median sale price per sq ft$84
Median home size667 sq ft
Median new listing price$148,629+41.7%
National size rank17,179

Sales activity

MetricValueYear over year
Homes sold9+54.4%
Median days on market45 days
Months of supply7.1 months
New listings17+187.7%
Active listings31+96.3%
Pending sales9+52.0%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.1%-0.2 pts
Share sold above list33.3%+0.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

3-bedroom
$127,928

These figures describe the single-family market for Bessemer, Michigan ZIP 49911. They are market context, not a substitute for sold comps or a formal appraisal.