New - 2 days on Rocket
$2,849 Closing Credit¹
#50166405, BETTY KINNUNEN, Listing Office: SELECT REALTY
Manistique Housing Market Report January 2025•Schoolcraft County, Michigan
Housing Prices in Manistique, MI
How much do homes in Manistique, MI cost?
Housing Market Conditions
Is Manistique, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Manistique is a Seller's Market
Difference Since December 2024
Last month, Manistique has remained a Seller's Market.
Insight
Manistique is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$189,500$122/SqFt
+$63,750
+50.7%
Based on all homes sold in January 2025
Insight
Homes in Manistique have sold for 50.7% more than they did a month ago.
Summary: The median home sold price in Manistique was $189,500 in January 2025, up 50.7% from last month, and the median price per square foot was $122.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Manistique Township | $125.7K | $189.5K | +50.7% |
| Manistique | $125.7K | $189.5K | +50.7% |
| Hiawatha Township | $215K | $149K | -30.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $207.7K | - | N/A |
| 22 Bedrooms | $119K | $78K | -34.5% |
| 33 Bedrooms | $70K | $230K | +228.6% |
| 44 Bedrooms | $141.2K | $234K | +65.7% |
| 55+ Bedrooms | - | - | N/A |
Summary: Manistique 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 -34.5%. The home price for 3 bedroom homes increased by +228.6%. The home price for 4 bedroom homes increased by +65.7%. The home price for 5 bedroom homes did not change.
Housing supply in Manistique, MI
How many homes are available in Manistique, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthJan 2025 | ||
| 342 months agoDec 2024 | -20.6 % Change MoMDec – Jan |
Summary: The Manistique real estate market had 27 homes for sale in Jan 2025, a 20.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 122 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 0 | -100.0% |
| 22 Bedrooms | 11 | 6 | -45.5% |
| 33 Bedrooms | 8 | 10 | +25.0% |
| 44 Bedrooms | 11 | 8 | -27.3% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Manistique housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -45.5%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -27.3%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Manistique, MI cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Manistique, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Manistique in January 2025, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for Manistique, MI
How long does it take to sell a home in Manistique, MI?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Manistique are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in Manistique; 67% of homes were sold within 30 days, 33% 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 |
|---|---|---|
| 31 DaysLast MonthJan 2025 | ||
| 80 Days1 month agoDec 2024 | -61.4 % Change MoMDec – Jan |
Summary: Homes in Manistique had an average listing age of 31 days in Jan 2025, down by 61.4% compared to the previous month.
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Newest Listings in Manistique, MI
What homes are available in Manistique, MI?
New - 6 days on Rocket
$1,484 Closing Credit¹
#50166202, CORRINA JOHNSON, Listing Office: GROVER REAL ESTATE
$1,128 Closing Credit¹
#50165714, JULIE BARR, Listing Office: KELLER WILLIAMS NM PENINSULA PARTNERS
$1,841 Closing Credit¹
#50165379, JULIE BARR, Listing Office: KELLER WILLIAMS NM PENINSULA PARTNERS
$701 Closing Credit¹
#50165270, JULIE BARR, Listing Office: KELLER WILLIAMS NM PENINSULA PARTNERS
#50165232, ABBEY WOOD, Listing Office: GROVER REAL ESTATE
$1,603 Closing Credit¹
#50164463, MOLLY GREGURASH, Listing Office: GROVER REAL ESTATE
#50157295, LYNNE GILES, Listing Office: GROVER REAL ESTATE
$1,122 Closing Credit¹
#50162442, SARA ANDERSON, Listing Office: GROVER REAL ESTATE
#50162056, CRAIG POTVIN, Listing Office: UP REALTY
$10,000 Closing Credit¹
#50161495, JULIE BARR, Listing Office: KELLER WILLIAMS NM PENINSULA PARTNERS
#50160070, TRAVIS WOOD, Listing Office: GROVER REAL ESTATE
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Nearby markets aren't available for Manistique, MI
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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: 2/14/2025, 10:21:12 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.