$5,878 Closing Credit¹
#50163070, THOMAS TIKKANEN, Listing Office: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
Keweenaw County Housing Market Report January 2025•Keweenaw County, Michigan
Housing Prices in Keweenaw County, MI
How much do homes in Keweenaw County, MI cost?
Housing Market Conditions
Is Keweenaw County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Keweenaw County is a Seller's Market
Difference Since December 2024
Last month, Keweenaw County has remained a Seller's Market.
Insight
Keweenaw County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$152,500$132/SqFt
-$230,000
-60.1%
Based on all homes sold in January 2025
Insight
Homes in Keweenaw County have sold for 60.1% less than they did a month ago.
Summary: The median home sold price in Keweenaw County was $152,500 in January 2025, down 60.1% from last month, and the median price per square foot was $132.
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $433K | $84K | -80.6% |
| 33 Bedrooms | $140K | $152.5K | +8.9% |
| 44 Bedrooms | - | $319K | N/A |
| 55+ Bedrooms | $520K | - | N/A |
Summary: Keweenaw County 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 -80.6%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Keweenaw County, MI
How many homes are available in Keweenaw County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthJan 2025 | ||
| 192 months agoDec 2024 | -21.1 % Change MoMDec – Jan |
Summary: The Keweenaw County real estate market had 15 homes for sale in Jan 2025, a 21.1 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 4 | 2 | -50.0% |
| 33 Bedrooms | 12 | 11 | -8.3% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Keweenaw County 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 decreased by -50.0%. The inventory for 3 bedroom homes decreased by -8.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Keweenaw County, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Keweenaw County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Keweenaw County in January 2025, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and and 25% were sold over asking.
Days on Market for Keweenaw County, MI
How long does it take to sell a home in Keweenaw County, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Keweenaw County has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Keweenaw County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 61 DaysLast MonthJan 2025 | ||
| 77 Days1 month agoDec 2024 | -20.1 % Change MoMDec – Jan |
Summary: Homes in Keweenaw County had an average listing age of 61 days in Jan 2025, down by 20.1% compared to the previous month.
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Newest Listings in Keweenaw County, MI
What homes are available in Keweenaw County, MI?
$2,374 Closing Credit¹
#50162663, MELISSA MAKI, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
$1,306 Closing Credit¹
#50161709, CLEA OLLANKETO, Listing Office: CENTURY 21 AFFILIATED
#50158129, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
$3,883 Closing Credit¹
#50156772, JEREMY ROWE, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H
$711 Closing Credit¹
#50155725, CRAIG HEINONEN, Listing Office: COLDWELL BANKER SCHMIDT REALTORS
$10,000 Closing Credit¹
#50155614, MARK COON, Listing Office: RE/MAX DOUGLASS R.E.-H
$6,828 Closing Credit¹
#50153367, KRISTINE WEIDNER (JUKURI), Listing Office: CENTURY 21 AFFILIATED
$6,353 Closing Credit¹
#50148177, STEVEN ROWE, Listing Office: STATE WIDE OF HOUGHTON
$1,424 Closing Credit¹
#474246, Sue Louiselle, Listing Office: Sue Louiselle, Broker
$1,424 Closing Credit¹
#50147116, JOEL RASTELLO, Listing Office: CENTURY 21 AFFILIATED
#50128112, BABETTE JOKELA, Listing Office: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
Nearby markets
Nearby markets aren't available for Keweenaw County, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, and Northern Michigan MLS 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: 2/12/2025, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.