New - 2 hours on Rocket3D tour
$2,671 Closing Credit¹
#50165947, DYLAN WILLEY, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
Ishpeming Township Housing Market Report January 2025•Marquette County, Michigan
Housing Prices in Ishpeming Township, MI
How much do homes in Ishpeming Township, MI cost?
Housing Market Conditions
Is Ishpeming Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ishpeming Township is a Seller's Market
Difference Since December 2024
Last month, Ishpeming Township has remained a Seller's Market.
Insight
Ishpeming Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$205,000$169/SqFt
+$12,050
+6.2%
Based on all homes sold in January 2025
Insight
Homes in Ishpeming Township have sold for 6.2% more than they did a month ago.
Summary: The median home sold price in Ishpeming Township was $205,000 in January 2025, up 6.2% from last month, and the median price per square foot was $169.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Negaunee Township | $72.5K | $216.9K | +199.2% |
| Negaunee | $72.5K | $216.9K | +199.2% |
| Ishpeming | $192.9K | $205K | +6.2% |
| Ishpeming Township | $192.9K | $205K | +6.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $137.4K | $74.2K | -46.0% |
| 33 Bedrooms | $161.9K | $218.9K | +35.2% |
| 44 Bedrooms | $237.5K | - | N/A |
| 55+ Bedrooms | $280K | - | N/A |
Summary: Ishpeming Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -46.0%. The home price for 3 bedroom homes increased by +35.2%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Ishpeming Township, MI
How many homes are available in Ishpeming Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 29Last MonthJan 2025 | ||
| 362 months agoDec 2024 | -19.4 % Change MoMDec – Jan |
Summary: The Ishpeming Township real estate market had 29 homes for sale in Jan 2025, a 19.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -21.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 6 | 6 | 0.0% |
| 33 Bedrooms | 20 | 18 | -10.0% |
| 44 Bedrooms | 3 | 0 | -100.0% |
| 55+ Bedrooms | 6 | 4 | -33.3% |
Summary: Ishpeming Township housing inventory by bedroom type for January 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 decreased by -10.0%. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Ishpeming Township, MI cost?
Over Asking Price4 Homes
At Asking Price4 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Ishpeming Township, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Ishpeming Township in January 2025, down by 21.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and and 36% were sold over asking.
Days on Market for Ishpeming Township, MI
How long does it take to sell a home in Ishpeming Township, MI?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Ishpeming Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in Ishpeming Township; 82% of homes were sold within 30 days, 18% 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 |
|---|---|---|
| 12 DaysLast MonthJan 2025 | ||
| 23 Days1 month agoDec 2024 | -46.7 % Change MoMDec – Jan |
Summary: Homes in Ishpeming Township had an average listing age of 12 days in Jan 2025, down by 46.7% compared to the previous month.
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Newest Listings in Ishpeming Township, MI
What homes are available in Ishpeming Township, MI?
New - 6 days on RocketVideo tour
$9,013 Closing Credit¹
#50165546, DANIEL MENARD, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
#50164928, BRADLEY ARGALL, Listing Office: RE/MAX 1ST REALTY
3D tour
$2,018 Closing Credit¹
#50164685, DYLAN WILLEY, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
$2,374 Closing Credit¹
#50164659, ERIC KEOUGH, Listing Office: CENTURY 21 PRIME REALTY
$1,722 Closing Credit¹
#50164402, MELANIE OLIVER, Listing Office: NEXTHOME SUPERIOR LIVING
$1,294 Closing Credit¹
#50162900, KRISTINE GOUPILLE, Listing Office: RE/MAX 1ST REALTY
$2,374 Closing Credit¹
#50162676, ERIC KEOUGH, Listing Office: CENTURY 21 PRIME REALTY
$3,028 Closing Credit¹
#50160547, NICK RACINE, Listing Office: RE/MAX 1ST REALTY
Video tour
$1,722 Closing Credit¹
#50158614, ROB SULLIVAN, Listing Office: NORTHERN MICHIGAN LAND BROKERS
$2,077 Closing Credit¹
#50158445, ADAM KARKI, Listing Office: RE/MAX 1ST REALTY
$10,000 Closing Credit¹
#50156972, KRISTINE GOUPILLE, Listing Office: RE/MAX 1ST REALTY
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 12/01/2024 - 02/01/2025
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: 2/4/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.