5 days on Rocket
$1,573 Closing Credit¹
#50168155, LORI RYMKOS, Listing Office: PREMIER REAL ESTATE, INC.
Escanaba Housing Market Report February 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 Buyer's Market
Difference Since January 2025
Last month, Escanaba was a Seller's Market.
Insight
Escanaba is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$125,000$130/SqFt
+$11,875
+10.5%
Based on all homes sold in February 2025
Insight
Homes in Escanaba have sold for 10.5% more than they did a month ago.
Summary: The median home sold price in Escanaba was $125,000 in February 2025, up 10.5% from last month, and the median price per square foot was $130.
Median Sold Price By Cities
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| Wells Township | $189K | $262K | +38.6% |
| Escanaba | $113.1K | $125K | +10.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $75K | $193.5K | +158.0% |
| 33 Bedrooms | $165K | - | N/A |
| 44 Bedrooms | $156K | $45K | -71.2% |
| 55+ Bedrooms | $80.9K | - | N/A |
Summary: Escanaba 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 increased by +158.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -71.2%. 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 |
|---|---|---|
| 37Last MonthFeb 2025 | ||
| 312 months agoJan 2025 | +19.4 % Change MoMJan – Feb |
Summary: The Escanaba real estate market had 37 homes for sale in Feb 2025, a 19.4 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | -57.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 5 | 8 | +60.0% |
| 33 Bedrooms | 12 | 16 | +33.3% |
| 44 Bedrooms | 7 | 5 | -28.6% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Escanaba housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +60.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Escanaba, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Escanaba, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Escanaba in February 2025, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% 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 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Escanaba has remained consistent over time.
Summary: During February 2025, 3 homes were sold in Escanaba; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 55 DaysLast MonthFeb 2025 | ||
| 43 Days1 month agoJan 2025 | +27.5 % Change MoMJan – Feb |
Summary: Homes in Escanaba had an average listing age of 55 days in Feb 2025, up by 27.5% compared to the previous month.
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Newest Listings in Escanaba, MI
What homes are available in Escanaba, MI?
7 days on Rocket
$2,494 Closing Credit¹
#50167906, LUCAS GESTWICKI, Listing Office: KEY REALTY DELTA COUNTY LLC
#50167715, KYLE SOLIS, Listing Office: KEY REALTY DELTA COUNTY LLC
$4,393 Closing Credit¹
#50167639, ANDREW HARRIS, Listing Office: STATE WIDE REAL ESTATE OF ESCANABA
#50167517, Kelly Ettel, Listing Office: Re/Max First
$1,959 Closing Credit¹
#50167490, PAIGE PAPINEAU, Listing Office: KEY REALTY DELTA COUNTY LLC
$1,543 Closing Credit¹
#50167247, SAMARA BRUNETTE, Listing Office: UPWARDS REAL ESTATE
$1,692 Closing Credit¹
#50167091, CHRISTOPHER BANNER, Listing Office: STATE WIDE REAL ESTATE OF ESCANABA
$1,366 Closing Credit¹
#50167036, JACOB HANSEN, Listing Office: PREMIER REAL ESTATE, INC.
#50167019, LORI RYMKOS, Listing Office: PREMIER REAL ESTATE, INC.
$2,138 Closing Credit¹
#50166841, LORI RYMKOS, Listing Office: PREMIER REAL ESTATE, INC.
$2,613 Closing Credit¹
#50166809, SAMANTHA KLEIKAMP, Listing Office: UPWARDS REAL ESTATE
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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 01/01/2025 - 03/01/2025
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: 3/12/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.