49847 Housing Market Report January 2025•Menominee County, Michigan

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Housing Prices in 49847, MI

How much do homes in 49847, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$209,900$149/SqFt
+$37,450
+21.7%

Based on all homes listed in January 2025

Insight

The list price of homes in 49847 has increased by 21.7% since December.

Summary: The median home list price in 49847 was $209,900 in January 2025, up 21.7% from the previous month, and the median price per square foot was $149.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
49892
+50.1%
49847
+21.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$135K$192.4K
+42.6%
3--
N/A
4$209.9K$209.9K
0.0%
5--
N/A

Summary: 49847 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +42.6%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 49847, MI

How many homes are available in 49847, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
22 months agoDec 2024
+50.0 %
Change MoMDec – Jan

Summary: The 49847 real estate market had 3 homes for sale in Jan 2025, a 50.0 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
212
+100.0%
300
0.0%
411
0.0%
500
0.0%

Summary: 49847 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 49847, MI

How long does it take to sell a home in 49847, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
50 DaysLast MonthJan 2025
43 Days1 month agoDec 2024
+14.9 %
Change MoMDec – Jan

Summary: Homes in 49847 had an average listing age of 50 days in Jan 2025, up by 14.9% compared to the previous month.

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Newest Listings in 49847, MI

What homes are available in 49847, MI?

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Nearby markets

Nearby markets aren't available for 49847, MI

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MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, for the period 12/01/2024 - 02/01/2025

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.