$8,170 Closing Credit¹
#50164374, TIM KEOHANE, Listing Office: GREAT LAKES & LAND OF MARQUETTE, INC.
Ontonagon Housing Market Report January 2025•Ontonagon County, Michigan
Housing Prices in Ontonagon, MI
How much do homes in Ontonagon, MI cost?
Median List Price
$151,900$99/SqFt
+$29,450
+24.1%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Ontonagon has increased by 24.1% since last year.
Summary: The median home list price in Ontonagon was $151,900 in January 2025, up 24.1% from the previous year, and the median price per square foot was $99.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Ontonagon Township | $122.4K | $151.9K | +24.1% |
| Ontonagon | $122.4K | $151.9K | +24.1% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $124.4K | N/A |
| 22 Bedrooms | - | $69.9K | N/A |
| 33 Bedrooms | $142.4K | $151.9K | +6.6% |
| 44 Bedrooms | $114.4K | $170K | +48.5% |
| 55+ Bedrooms | - | $611.5K | N/A |
Summary: Ontonagon 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 did not change. The home price for 3 bedroom homes increased by +6.6%. The home price for 4 bedroom homes increased by +48.5%. The home price for 5 bedroom homes did not change.
Housing supply in Ontonagon, MI
How many homes are available in Ontonagon, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 112 months agoDec 2024 | -27.3 % Change MoMDec – Jan |
Summary: The Ontonagon real estate market had 8 homes for sale in Jan 2025, a 27.3 % decrease compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 5 | 3 | -40.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Ontonagon 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 -40.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Days on Market for Ontonagon, MI
How long does it take to sell a home in Ontonagon, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 161 DaysThis YearJan 2025 | ||
| 649 Days1 year agoJan 2024 | -75.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ontonagon had an average listing age of 161 days in Jan 2025, down by 75.1% compared to the previous year.
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Newest Listings in Ontonagon, MI
What homes are available in Ontonagon, MI?
#50162864, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$327 Closing Credit¹
#50160762, DALE GORDON, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H
#50158703, TODD BORSETH, Listing Office: BORSETH PROPERTIES
#50157663, JOHN WYSSLING, Listing Office: THE REAL ESTATE STORE
$3,551 Closing Credit¹
#50156256, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$1,366 Closing Credit¹
#50155961, GERALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
#50155449, BONNIE KEMPPAINEN-MAKI, Listing Office: BORSETH PROPERTIES
$1,900 Closing Credit¹
#50148754, TODD BORSETH, Listing Office: BORSETH PROPERTIES
$1,176 Closing Credit¹
#50147700, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$711 Closing Credit¹
#50143667, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$1,532 Closing Credit¹
#50141262, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, for the period 02/01/2023 - 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: 2/9/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.