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Featured local agent — Menominee, MI
Sarah Mitchell
Compass Real Estate · Menominee, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Menominee, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$169,500median sale price
How is the Menominee, MI housing market right now?
The median home sale price in Menominee, MI is $169,500, down 12.8% year-over-year. Homes sell in an average of 42 days with 27 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Menominee a buyer's or seller's market?
Menominee, MI is currently a seller's market, based on 2.1 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
42
Average pace
Active listings
27
2.1 months supply
Sale-to-list
99.0%
Below asking
What does the Menominee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $169,500 |
| Median list price | $189,900 |
| Year-over-year price change | -12.8% |
| Average days on market | 42 days |
| Active inventory | 27 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $115/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 6 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Menominee by property type?
How the Menominee, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $169,500 | $115/sq ft | 13 | 42 days |
Source: Redfin · Updated monthly
The Menominee housing market is currently classified as a seller's market with a median sale price of $169,500. Prices have fallen 12.8% compared to last year, with homes spending an average of 42 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Menominee
There are currently 27 homes listed for sale in Menominee, Michigan. The median listing price is $190K.
Active listings
27
Homes on market
Median list price
$190K
Avg. days on market
42
Days until sale
New this week
6
Newly listed
Who lives in Menominee?
Population
8,370
Median income
$49,646/yr
Median age
49 years
Owner-occupied
68.0%
College grads
17.0%
Avg commute
12.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Menominee?
Zillow home value
$182,392
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Menominee?
Menominee is a community of approximately 8K residents with a median age of 49 years.The median household income is $49,646, which represents a working-class community with solid middle-income opportunities. 17.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 12.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Menominee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Menominee?
5 schools tracked · 1,163 students
The largest public schools serving Menominee, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Blesch Intermediate School
Grades 3-6 · 368 students
Menominee High School
Grades 7-12 · 337 students
Central Elementary School
Grades PK-2 · 265 students
Menominee Jr High School
Grades 7-8 · 184 students
Menominee ISD Special Education
Grades 1-12 · 9 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Menominee, MI?
Want a head-to-head view? Compare Menominee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Menominee?
The median home sale price in Menominee is $169,500, down 12.8% from last year.
How long do homes stay on market in Menominee?
Homes typically spend 42 days on market before going under contract.
What is the median income in Menominee?
The median household income is $49,646 per year.
Is Menominee a buyer's or seller's market?
With 2.1 months of supply, Menominee is currently a seller's market.
What is the Zillow home value estimate for Menominee?
The Zillow Home Value Index (ZHVI) for Menominee is $182,392, representing the typical home value in the area.
How much does a single-family home cost in Menominee?
The median single-family home price in Menominee, MI is $169,500 (about $115 per square foot).
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