49947 Housing Market Report March 2025•Gogebic County, Michigan

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Housing Prices in 49947, MI

How much do homes in 49947, 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.
$358,000$409/SqFt

Based on all homes listed in March 2025

Insight

The list price of homes in 49947 has remained the same since February.

Summary: The median home list price in 49947 was $358,000 in March 2025, the same as the previous month, and the median price per square foot was $409.

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
49910
+1.9%
49947
0.0%
49968
-4.1%
49969
-51.2%

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.
BedsFeb 2025Mar 2025Change MoM
1$275K$275K
0.0%
2$358K$358K
0.0%
3--
N/A
4$675K$675K
0.0%
5--
N/A

Summary: 49947 housing price by bedroom type for March 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 did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 49947, MI compare with other places?

Market comparison tool

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

49947, MI

Housing supply in 49947, MI

How many homes are available in 49947, 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 MonthMar 2025
32 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Summary: The 49947 real estate market had 3 homes for sale in Mar 2025, the same as Feb 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.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
211
0.0%
300
0.0%
411
0.0%
500
0.0%

Summary: 49947 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. 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 49947, MI

How long does it take to sell a home in 49947, 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
298 DaysLast MonthMar 2025
267 Days1 month agoFeb 2025
+11.6 %
Change MoMFeb – Mar

Summary: Homes in 49947 had an average listing age of 298 days in Mar 2025, up by 11.6% compared to the previous month.

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Newest Listings in 49947, MI

What homes are available in 49947, MI?

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MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, and RealComp II Ltd. for the period 02/01/2025 - 04/01/2025

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: 4/13/2025, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.