Menominee, MI
Housing market overview · Updated weekly
$152,000median sale price
Homes sold
5
Last 12 weeks
Days on market
78
Average pace
Active listings
33
6.6 months supply
Sale-to-list
99.4%
Below asking
The Menominee housing market is currently classified as a buyer's market with a median sale price of $152,000. Prices have fallen 7.9% compared to last year, with homes spending an average of 78 days on market, indicating 6.6 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 Menominee
There are currently 33 homes listed for sale in Menominee, Michigan. The median listing price is $180K.
Active listings
33
Homes on market
Median list price
$180K
Avg. days on market
78
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Menominee?
The median home sale price in Menominee is $152,000, down 7.9% from last year.
How long do homes stay on market in Menominee?
Homes typically spend 78 days on market before going under contract.
Is Menominee a buyer's or seller's market?
With 6.6 months of supply, Menominee is currently a buyer's market.
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