1 day on Rocket
$2,007 Closing Credit¹
#50171204, SCOTT MOSIER, Listing Office: KEY REALTY DELTA COUNTY LLC
Escanaba Housing Market Report March 2025•Delta County, Michigan
Housing Prices in Escanaba, MI
How much do homes in Escanaba, MI cost?
Housing Market Conditions
Is Escanaba, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Escanaba is a Seller's Market
Difference Since February 2025
Last month, Escanaba was a Buyer's Market.
Insight
Escanaba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$196,500$141/SqFt
+$71,500
+57.2%
Based on all homes sold in March 2025
Insight
Homes in Escanaba have sold for 57.2% more than they did a month ago.
Summary: The median home sold price in Escanaba was $196,500 in March 2025, up 57.2% from last month, and the median price per square foot was $141.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Escanaba | $125K | $196.5K | +57.2% |
| Wells Township | $262K | $230K | -12.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $193.5K | $106K | -45.2% |
| 33 Bedrooms | - | $215K | N/A |
| 44 Bedrooms | $45K | $172.5K | +283.3% |
| 55+ Bedrooms | - | $304.5K | N/A |
Summary: Escanaba 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 decreased by -45.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +283.3%. The home price for 5 bedroom homes did not change.
How does Escanaba, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Escanaba, MI
Housing supply in Escanaba, MI
How many homes are available in Escanaba, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 53Last MonthMar 2025 | ||
| 362 months agoFeb 2025 | +47.2 % Change MoMFeb – Mar |
Summary: The Escanaba real estate market had 53 homes for sale in Mar 2025, a 47.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthMar 2025 | ||
| 32 months agoFeb 2025 | +300.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 8 | 7 | -12.5% |
| 11 Bedroom | 2 | 2 | 0.0% |
| 33 Bedrooms | 15 | 26 | +73.3% |
| 44 Bedrooms | 5 | 11 | +120.0% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: Escanaba housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +73.3%. The inventory for 4 bedroom homes increased by +120.0%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Escanaba, MI cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in Escanaba, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Escanaba in March 2025, up by 300.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and and 8% were sold over asking.
Days on Market for Escanaba, MI
How long does it take to sell a home in Escanaba, MI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days0 Home
Over 90 Days5 Homes
Insight
Many homes in Escanaba are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 12 homes were sold in Escanaba; 58% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 52 DaysLast MonthMar 2025 | ||
| 55 Days1 month agoFeb 2025 | -4.1 % Change MoMFeb – Mar |
Summary: Homes in Escanaba had an average listing age of 52 days in Mar 2025, down by 4.1% compared to the previous month.
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Newest Listings in Escanaba, MI
What homes are available in Escanaba, MI?
2 days on Rocket
$4,453 Closing Credit¹
#50171136, LORI RYMKOS, Listing Office: PREMIER REAL ESTATE, INC.
3 days on Rocket
$1,924 Closing Credit¹
#50170944, RENEE KADISH, Listing Office: UPWARDS REAL ESTATE
4 days on Rocket
$1,591 Closing Credit¹
#50170918, JENNIFER LACHANCE, Listing Office: PREMIER REAL ESTATE, INC.
5 days on Rocket
#50170750, Kelly Ettel, Listing Office: Re/Max First
5 days on Rocket
$1,532 Closing Credit¹
#50170698, JENNIFER LACHANCE, Listing Office: PREMIER REAL ESTATE, INC.
6 days on Rocket
$1,958 Closing Credit¹
#50170680, WENDY HOLZENKAMP, Listing Office: COLDWELL BANKER SCHMIDT ESCANABA
$1,721 Closing Credit¹
#50170451, CHRISTOPHER GESTWICKI, Listing Office: STATE WIDE REAL ESTATE OF ESCANABA
#50170368, TAMMY GARLING, Listing Office: KEY REALTY DELTA COUNTY LLC
#50170244, TIM GEORGE, Listing Office: NORTHERN MICHIGAN LAND BROKERS - ESCANABA
$1,484 Closing Credit¹
#50170236, SAMANTHA KLEIKAMP, Listing Office: UPWARDS REAL ESTATE
$3,919 Closing Credit¹
#50170086, JAMES BOSK, Listing Office: KEY REALTY DELTA COUNTY LLC
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Nearby markets aren't available for Escanaba, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 02/01/2025 - 04/01/2025
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.