49887 Housing Market Report February 2025•Menominee County, Michigan

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Housing Prices in 49887, MI

How much do homes in 49887, 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.
$149,500$128/SqFt
-$735,450
-83.1%

Based on all homes listed in February 2025

Insight

The list price of homes in 49887 has decreased by 83.1% since January.

Summary: The median home list price in 49887 was $149,500 in February 2025, down 83.1% from the previous month, and the median price per square foot was $128.

Median List Price By Zip Codes

Median List Price By Zip Codes
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 MoM
49821
0.0%
49893
0.0%
49887
-83.1%

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.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2-$79.9K
N/A
3$129.9K$149.5K
+15.1%
4--
N/A
5$1.6M$1.6M
0.0%

Summary: 49887 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +15.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 49887, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

49887, MI

Housing supply in 49887, MI

How many homes are available in 49887, 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
5Last MonthFeb 2025
22 months agoJan 2025
+150.0 %
Change MoMJan – Feb

Summary: The 49887 real estate market had 5 homes for sale in Feb 2025, a 150.0 % increase compared to Jan 2025.

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
201
+100.0%
313
+200.0%
400
0.0%
511
0.0%

Summary: 49887 housing inventory by bedroom type for February 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 increased by +200.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 49887, MI

How long does it take to sell a home in 49887, 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
72 DaysLast MonthFeb 2025
124 Days1 month agoJan 2025
-41.9 %
Change MoMJan – Feb

Summary: Homes in 49887 had an average listing age of 72 days in Feb 2025, down by 41.9% compared to the previous month.

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Newest Listings in 49887, MI

What homes are available in 49887, MI?

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MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and MiRealSource Inc. DL for the period 01/01/2025 - 03/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/14/2025, 3:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.