Ishpeming, MI

Leaning buyer's+117.4% YoY

Housing market overview · Updated weekly

$238,500median sale price

Homes sold

3

Last 12 weeks

Days on market

113

Average pace

Active listings

11

3.7 months supply

Sale-to-list

92.4%

Below asking

The Ishpeming housing market is currently classified as a leaning buyer's with a median sale price of $238,500. Prices have risen 117.4% compared to last year, with homes spending an average of 113 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Ishpeming

There are currently 11 homes listed for sale in Ishpeming, Michigan. The median listing price is $165K.

Active listings

11

Homes on market

Median list price

$165K

Avg. days on market

113

Days until sale

New this week

1

Newly listed

Sale-to-list:92.4%

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Frequently asked questions

What is the average home price in Ishpeming?

The median home sale price in Ishpeming is $238,500, up 117.4% from last year.

How long do homes stay on market in Ishpeming?

Homes typically spend 113 days on market before going under contract.

Is Ishpeming a buyer's or seller's market?

With 3.7 months of supply, Ishpeming is currently a leaning buyer's.

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