Marquette Township Housing Market Report April 2025Mackinac County, Michigan

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Housing Prices in Marquette Township, MI

How much do homes in Marquette Township, MI cost?

Housing Market Conditions

Is Marquette Township, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Marquette Township is a Seller's Market

Difference Since March 2025

Last month, Marquette Township has remained a Seller's Market.

Insight

Marquette Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$295,000$219/SqFt
-$50,000
-14.5%

Based on all homes sold in April 2025

Insight

Homes in Marquette Township have sold for 14.5% less than they did a month ago.

Summary: The median home sold price in Marquette Township was $295,000 in April 2025, down 14.5% from last month, and the median price per square foot was $219.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$287.5K$131K
-54.4%
3$305.3K$283.7K
-7.1%
4$620K$355K
-42.7%
5$550K-
N/A

Summary: Marquette Township housing price by bedroom type for April 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 -54.4%. The home price for 3 bedroom homes decreased by -7.1%. The home price for 4 bedroom homes decreased by -42.7%. The home price for 5 bedroom homes did not change.

How does Marquette Township, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Marquette Township, MI

Housing supply in Marquette Township, MI

How many homes are available in Marquette Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
60Last MonthApr 2025
502 months agoMar 2025
+20.0 %
Change MoMMar – Apr

Summary: The Marquette Township real estate market had 60 homes for sale in Apr 2025, a 20.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthApr 2025
112 months agoMar 2025
+9.1 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
111
0.0%
255
0.0%
32127
+28.6%
41818
0.0%
559
+80.0%

Summary: Marquette Township housing inventory by bedroom type for April 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 +28.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +80.0%.

Asking Price vs. Sold Price

How much do homes in Marquette Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Marquette Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Marquette Township in April 2025, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and and 67% were sold over asking.

Days on Market for Marquette Township, MI

How long does it take to sell a home in Marquette Township, MI?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

Many homes in Marquette Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 12 homes were sold in Marquette Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
31 DaysLast MonthApr 2025
26 Days1 month agoMar 2025
+21.5 %
Change MoMMar – Apr

Summary: Homes in Marquette Township had an average listing age of 31 days in Apr 2025, up by 21.5% compared to the previous month.

Newest Listings in Marquette Township, MI

What homes are available in Marquette Township, MI?

Nearby markets

Nearby markets aren't available for Marquette Township, MI

MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, and Water Wonderland MLS Inc. for the period 03/01/2025 - 05/01/2025

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

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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: 5/29/2025, 7:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. 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. 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 Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.