$713 Closing Credit¹
#50169021, DAVID GUNNELL, Listing Office: NORTHERN MICHIGAN LAND BROKERS
Hematite Township Housing Market Report March 2025•Iron County, Michigan
Housing Prices in Hematite Township, MI
How much do homes in Hematite Township, MI cost?
Median List Price
$89,500$77/SqFt
-$309,500
-77.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Hematite Township has decreased by 77.6% since last year.
Summary: The median home list price in Hematite Township was $89,500 in March 2025, down 77.6% from the previous year, and the median price per square foot was $77.
Median List Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Crystal Falls Township | $111.5K | $186K | +66.8% |
| Amasa | $399K | $399K | 0.0% |
| Hematite Township | $399K | $89.5K | -77.6% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $125K | N/A |
| 22 Bedrooms | - | $89.5K | N/A |
| 33 Bedrooms | $399K | $229.5K | -42.5% |
| 44 Bedrooms | - | $74.5K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Hematite Township housing price by bedroom type for March 2025, compared to the previous year. 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 decreased by -42.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Hematite Township, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Hematite Township, MI
Housing supply in Hematite Township, MI
How many homes are available in Hematite Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMar 2025 | ||
| 22 months agoFeb 2025 | +50.0 % Change MoMFeb – Mar |
Summary: The Hematite Township real estate market had 3 homes for sale in Mar 2025, a 50.0 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 1 | 2 | +100.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Hematite Township 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 increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Hematite Township, MI
How long does it take to sell a home in Hematite Township, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 601 DaysThis YearMar 2025 | ||
| 1,359 Days1 year agoMar 2024 | -55.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Hematite Township had an average listing age of 601 days in Mar 2025, down by 55.7% compared to the previous year.
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Newest Listings in Hematite Township, MI
What homes are available in Hematite Township, MI?
$1,425 Closing Credit¹
#50165252, JORDYN LEONARDUZZI, Listing Office: RE/MAX NORTH COUNTRY
$4,738 Closing Credit¹
#10040777, DON SCHINELLA, Listing Office: SELECT REALTY
Nearby markets
Nearby markets aren't available for Hematite Township, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 04/01/2023 - 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.