3 days on Rocket
$1,543 Closing Credit¹
#50172170, DALE GORDON, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H
Ontonagon Housing Market Report March 2025•Ontonagon County, Michigan
Housing Prices in Ontonagon, MI
How much do homes in Ontonagon, MI cost?
Median List Price
$152,950$100/SqFt
+$33,050
+27.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Ontonagon has increased by 27.6% since last year.
Summary: The median home list price in Ontonagon was $152,950 in March 2025, up 27.6% from the previous year, and the median price per square foot was $100.
Median List Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Ontonagon Township | $119.9K | $152.9K | +27.6% |
| Ontonagon | $119.9K | $152.9K | +27.6% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $119.9K | $124.4K | +3.8% |
| 22 Bedrooms | - | $84.4K | N/A |
| 33 Bedrooms | $119.5K | $156.5K | +31.0% |
| 44 Bedrooms | $114.4K | $170K | +48.5% |
| 55+ Bedrooms | - | $274K | N/A |
Summary: Ontonagon housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.8%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +31.0%. The home price for 4 bedroom homes increased by +48.5%. The home price for 5 bedroom homes did not change.
How does Ontonagon, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Ontonagon, MI
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 |
|---|---|---|
| 11Last MonthMar 2025 | ||
| 92 months agoFeb 2025 | +22.2 % Change MoMFeb – Mar |
Summary: The Ontonagon real estate market had 11 homes for sale in Mar 2025, a 22.2 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 4 | 7 | +75.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Ontonagon housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +75.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Ontonagon, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Ontonagon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ontonagon in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Ontonagon, MI
How long does it take to sell a home in Ontonagon, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Ontonagon are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 1 homes were sold in Ontonagon; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 153 DaysThis YearMar 2025 | ||
| 328 Days1 year agoMar 2024 | -53.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Ontonagon had an average listing age of 153 days in Mar 2025, down by 53.4% compared to the previous year.
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Newest Listings in Ontonagon, MI
What homes are available in Ontonagon, MI?
$2,636 Closing Credit¹
#50171235, KAREN LAHTI, Listing Office: RE/MAX DOUGLASS R.E.-H
#50170882, BRUCE MAKI, Listing Office: UP NORTH REALTY
$1,186 Closing Credit¹
#50169791, RACHEL MARTIN, Listing Office: REDMAN REALTY GROUP, LLC
$1,959 Closing Credit¹
#50169662, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$7,125 Closing Credit¹
#50169516, TAMMY KAURANEN, Listing Office: FIRST WEBER, INC
$8,170 Closing Credit¹
#50164374, TIM KEOHANE, Listing Office: GREAT LAKES & LAND OF MARQUETTE, INC.
#50162864, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
#50157663, JOHN WYSSLING, Listing Office: THE REAL ESTATE STORE
$3,551 Closing Credit¹
#50156256, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC
$10,000 Closing Credit¹
#50144210, TIM KEOHANE, Listing Office: GREAT LAKES & LAND OF MARQUETTE, INC.
$652 Closing Credit¹
#50143667, 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 04/01/2023 - 04/01/2025
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: 4/26/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.