#50303940, Karen Kloida, Listing Office: Broadway Real Estate
Menominee County Housing Market Report January 2025•Menominee County, Michigan
Housing Prices in Menominee County, MI
How much do homes in Menominee County, MI cost?
Housing Market Conditions
Is Menominee County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Menominee County is a Buyer's Market
Difference Since December 2024
Last month, Menominee County was a Seller's Market.
Menominee County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in January 2025
Homes in Menominee County have sold for 29.9% less than they did a month ago.
Summary: The median home sold price in Menominee County was $117,000 in January 2025, down 29.9% from last month, and the median price per square foot was $125.
Median Sold Price By Counties
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Marquette County | $230K | $242.5K | +5.4% |
Delta County | $181.5K | $172K | -5.2% |
Menominee County | $166.9K | $117K | -29.9% |
Dickinson County | $183.1K | $115K | -37.2% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $159.4K | $117K | -26.6% |
33 Bedrooms | $178.7K | $125K | -30.1% |
44 Bedrooms | $154.1K | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Menominee 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 -26.6%. The home price for 3 bedroom homes decreased by -30.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Menominee County, MI
How many homes are available in Menominee County, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
43Last MonthJan 2025 | ||
422 months agoDec 2024 | +2.4 % Change MoMDec – Jan |
Summary: The Menominee County real estate market had 43 homes for sale in Jan 2025, a 2.4 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJan 2025 | ||
122 months agoDec 2024 | -58.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 13 | 14 | +7.7% |
33 Bedrooms | 23 | 22 | -4.3% |
44 Bedrooms | 4 | 4 | 0.0% |
55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Menominee 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 increased by +7.7%. The inventory for 3 bedroom homes decreased by -4.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Menominee County, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in Menominee County, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Menominee County in January 2025, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and and 20% were sold over asking.
Days on Market for Menominee County, MI
How long does it take to sell a home in Menominee County, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in Menominee County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 5 homes were sold in Menominee County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
137 DaysLast MonthJan 2025 | ||
0 Days1 month agoDec 2024 | +100.0 % Change MoMDec – Jan |
Summary: Homes in Menominee County had an average listing age of 137 days in Jan 2025, up by 100.0% compared to the previous month.
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Newest Listings in Menominee County, MI
What homes are available in Menominee County, MI?
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MLS Disclaimers and Copyright
Based on information from Wisconsin Real Estate Exchange, and MiRealSource Inc. DL for the period 12/01/2024 - 02/01/2025
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/21/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.