Hancock, MI Housing Market

The Hancock housing market is somewhat competitive. The median sale price of a home in Hancock was $160K last month, up 145.2% since last year. The median sale price per square foot in Hancock is $119, down 42.5% since last year.

Trends
Demand
Migration
Schools
Climate

Hancock Housing Market Trends

What is the housing market like in Hancock today?

In December 2024, Hancock home prices were up 145.2% compared to last year, selling for a median price of $160K.

$176K

Sale Price

-3.8%
since last year

$119

Sale $/Sq. Ft.

-42.5%
since last year

Under List Price

2.1%

Days on Market

59.5

Down Payment

—

Total Homes Sold

To compare other locations to the Hancock and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hancock add value to a home.

How hot is the Hancock housing market?

Hancock is somewhat competitive. Homes sell in 59.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 60 days.
Hot homes
can sell for about 2% above list price and go pending in around 45 days.

Compare With Nearby Cities

Houghton

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 50 days.
Hot homes
can sell for about 3% above list price and go pending in around 36 days.

See more nearby cities and neighborhoods

Hancock Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Hancock that sold recently

Recently sold homes

SOLD APR 25, 2025
$255,000 Last Sold Price
5 beds
2.5 baths
2,377 sq ft
743 W Water St, Hancock, MI 49930
(906) 482-0001
List Price
$254,900
Sale to List
0% over list
Days on Market
50 days
743 W Water St, Hancock, MI 49930
SOLD APR 10, 2025
$29,000 Last Sold Price
—beds
—baths
—sq ft
TBD11 Dolomite Dr, Hancock, MI 49930
(906) 482-0001
List Price
$34,500
Sale to List
16% under list
Days on Market
925 days
TBD11 Dolomite Dr, Hancock, MI 49930
SOLD MAR 27, 2025
$160,000 Last Sold Price
3 beds
1 bath
966 sq ft
21322 Royce Rd, Hancock, MI 49930
(906) 482-0001
List Price
$185,000
Sale to List
14% under list
Days on Market
81 days
21322 Royce Rd, Hancock, MI 49930
SOLD MAR 27, 2025
$15,000
—beds
—baths
—sq ft
M-203, Hancock, MI 49930
List Price
—
Sale to List
—
Days on Market
—
M-203, Hancock, MI 49930
SOLD MAR 19, 2025
$410,000
3 beds
1 bath
1,092 sq ft
55616 Salo Rd, Hancock, MI 49930
List Price
—
Sale to List
—
Days on Market
—
55616 Salo Rd, Hancock, MI 49930
SOLD MAR 14, 2025
$165,000 Last Sold Price
4 beds
1.5 baths
1,887 sq ft
217 Wright St, Hancock, MI 49930
(906) 523-5575
List Price
$185,000
Sale to List
11% under list
Days on Market
486 days
217 Wright St, Hancock, MI 49930
SOLD MAR 6, 2025
$176,000 Last Sold Price
3 beds
1 bath
1,478 sq ft
1122 Summit St, Hancock, MI 49930
(906) 482-0001
List Price
$176,000
Sale to List
0% over list
Days on Market
1 day
1122 Summit St, Hancock, MI 49930
SOLD MAR 3, 2025
$207,000 Last Sold Price
3 beds
2 baths
1,331 sq ft
914 Hill St, Hancock, MI 49930
(906) 523-5575
List Price
$199,900
Sale to List
4% over list
Days on Market
83 days
914 Hill St, Hancock, MI 49930
See all recently sold homes in Hancock.
See listings

Schools in Hancock

Learn about schools in the Hancock area

Elementary
Middle
High

GreatSchools Rating

6/10 Barkell Elementary School Public • K-5	272 Students	2 reviews
NR Copper Country Learning Center Public • PreK-12	75 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Hancock housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hancock.

Heat Factor - Minimal

100% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Hancock

New Listings in Hancock

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