20 hours on Rocket
#50181047, KRISTINE GOUPILLE, Listing office: RE/MAX 1ST REALTY
Ishpeming Housing Market Report June 2025•Marquette County, Michigan
Housing Prices in Ishpeming, MI
How much do homes in Ishpeming, MI cost?
Housing Market Conditions
Is Ishpeming, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ishpeming is a Seller's Market
Difference Since May 2025
Last month, Ishpeming was a Neutral Market.
Insight
Ishpeming is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$247,500$177/SqFt
+$72,500
+41.4%
Based on all homes sold in June 2025
Insight
Homes in Ishpeming have sold for 41.4% more than they did a month ago.
Summary: The median home sold price in Ishpeming was $247,500 in June 2025, up 41.4% from last month, and the median price per square foot was $177.
Median Sold Price By Cities
| City | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| Negaunee | $217.5K | $336K | +54.5% |
| Ishpeming Township | $175K | $247.5K | +41.4% |
| Ishpeming | $175K | $247.5K | +41.4% |
Median Sold Price By Bedrooms
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $150K | $139K | -7.3% |
| 33 Bedrooms | $180K | $245K | +36.1% |
| 44 Bedrooms | - | $358.6K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Ishpeming housing price by bedroom type for June 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 -7.3%. The home price for 3 bedroom homes increased by +36.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Ishpeming, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Ishpeming, MI
Housing supply in Ishpeming, MI
How many homes are available in Ishpeming, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthJun 2025 | ||
| 292 months agoMay 2025 | +31.0 % Change MoMMay – Jun |
Summary: The Ishpeming real estate market had 38 homes for sale in Jun 2025, a 31.0 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJun 2025 | ||
| 52 months agoMay 2025 | +60.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 8 | +60.0% |
| 33 Bedrooms | 13 | 16 | +23.1% |
| 44 Bedrooms | 5 | 8 | +60.0% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Ishpeming housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +60.0%. The inventory for 3 bedroom homes increased by +23.1%. The inventory for 4 bedroom homes increased by +60.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Ishpeming, MI cost?
Over Asking Price5 Homes
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Ishpeming, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Ishpeming in June 2025, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and and 63% were sold over asking.
Days on Market for Ishpeming, MI
How long does it take to sell a home in Ishpeming, MI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Ishpeming are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 8 homes were sold in Ishpeming; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 24 DaysLast MonthJun 2025 | ||
| 15 Days1 month agoMay 2025 | +65.8 % Change MoMMay – Jun |
Summary: Homes in Ishpeming had an average listing age of 24 days in Jun 2025, up by 65.8% compared to the previous month.
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Newest Listings in Ishpeming, MI
What homes are available in Ishpeming, MI?
1 day on Rocket
#50180907, SHERRY MCCARTHY, Listing office: SELECT REALTY
2 days on RocketTour
#50180792, DYLAN WILLEY, Listing office: COLDWELL BANKER SCHMIDT REALTORS
6 days on Rocket
#50180630, CARRIE HARVALA, Listing office: SELECT REALTY
7 days on Rocket
#50180377, CRAIG KANGAS, Listing office: NORTHERN MICHIGAN LAND BROKERS - H
#50180198, KEVIN SWANSON, Listing office: GREAT LAKES & LAND OF MARQUETTE, INC.
#50180119, KINGSLEY AGASSI, Listing office: RE/MAX 1ST REALTY
Tour
#50179287, DYLAN WILLEY, Listing office: COLDWELL BANKER SCHMIDT REALTORS
#50178728, SCOTT SYRJALA, Listing office: COLDWELL BANKER SCHMIDT REALTORS
#50178441, STEPHANIE JONES, Listing office: NEXTHOME SUPERIOR LIVING
#50178363, KERRY TORNBERG, Listing office: COLDWELL BANKER SCHMIDT REALTORS
#50177779, BENJAMIN ARGALL, Listing office: NEXTHOME SUPERIOR LIVING
Nearby markets
Nearby markets aren't available for Ishpeming, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 05/01/2025 - 07/01/2025
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: 7/10/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.