49861, MI Housing Market
The 49861 housing market is very competitive.
49861 Housing Market Trends
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 49861 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 25 days.
- Hot homescan sell for about 13% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 39 days.
- Hot homescan sell for about 4% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for about 7% below list price and go pending in around 123 days.
- Hot homescan sell for around list price and go pending in around 63 days.
Home offer insights for 49861
Recent offers
View houses in 49861 that sold recently
Recently sold homes
- $200,000 Last Sold Price—beds—baths—sq ft120 Acres Cardinal Red Rd, Michigamme, MI 49861(906) 225-5263List Price$200,000Sale to List0% over listDays on Market-3 days120 Acres Cardinal Red Rd, Michigamme, MI 49861
- $35,000 Last Sold Price3 beds1 bath1,167 sq ft302 W Lake St, Michigamme, MI 49861-5117(906) 225-5992List Price$35,000Sale to List0% over listDays on Market-2 days302 W Lake St, Michigamme, MI 49861-5117
- $240,000 Last Sold Price2 beds1.5 baths2,090 sq ft21572 W Beaufort Rd, Michigamme, MI 49861(906) 228-2772List Price$254,000Sale to List6% under listDays on Market281 days21572 W Beaufort Rd, Michigamme, MI 49861
- $80,000 Last Sold Price—beds—baths384 sq ft1223 N Arfelin Rd, Michigamme, MI 49861List Price$85,000Sale to List6% under listDays on Market203 days1223 N Arfelin Rd, Michigamme, MI 49861
- $80,000 Last Sold Price0 beds—baths384 sq ft1223 N Arfelin Lake Rd, Michigamme, MI 49861(906) 214-4267List Price$85,000Sale to List6% under listDays on Market203 days1223 N Arfelin Lake Rd, Michigamme, MI 49861
- $271,000 Last Sold Price2 beds1 bath1,888 sq ft337 S Mesnard St, Michigamme, MI 52018(906) 225-1136List Price$279,000Sale to List3% under listDays on Market61 days337 S Mesnard St, Michigamme, MI 52018
- $430,000 Last Sold Price2 beds2 baths952 sq ft180 Brown Rd, Michigamme, MI 49861(906) 524-2211List Price$499,000Sale to List14% under listDays on Market145 days180 Brown Rd, Michigamme, MI 49861
- $60,000 Last Sold Price—beds—baths—sq ft27015 Fence Rd, Michigamme, MI 49861List Price$90,000Sale to List33% under listDays on Market186 days27015 Fence Rd, Michigamme, MI 49861
See all recently sold homes in 49861.
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Schools in 49861
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Republic-Michigamme School Public • PreK-12 | 92 Students | N/A |
Climate's impact on 49861 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49861.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
Transportation in 49861
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