Laurium, MI

Buyer's market-60.1% YoY

Housing market overview · Updated weekly

$54,000median sale price

Homes sold

1

Last 12 weeks

Days on market

182

Average pace

Active listings

9

9.0 months supply

Sale-to-list

83.1%

Below asking

The Laurium housing market is currently classified as a buyer's market with a median sale price of $54,000. Prices have fallen 60.1% compared to last year, with homes spending an average of 182 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Laurium

There are currently 9 homes listed for sale in Laurium, Michigan.

Active listings

9

Homes on market

Avg. days on market

182

Days until sale

Sale-to-list:83.1%

Explore nearby cities in MI

Frequently asked questions

What is the average home price in Laurium?

The median home sale price in Laurium is $54,000, down 60.1% from last year.

How long do homes stay on market in Laurium?

Homes typically spend 182 days on market before going under contract.

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

With 9.0 months of supply, Laurium is currently a buyer's market.

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