49861, MI Housing Market

Homes for sale

The 49861 housing market is not very competitive. The median sale price of a home in 49861 was $161K last month, down 20.0% since last year. The median sale price per square foot in 49861 is $182, down 11.7% since last year.

Trends
Demand
Schools
Climate

49861 Housing Market Trends

What is the housing market like in 49861 today?

$161K

Sale Price

-20.0%
since last year

$182

Sale $/Sq. Ft.

-11.7%
since last year

Under List Price

5.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 49861 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Michigan add value to a home.

How hot is the 49861 housing market?

49861 is not very competitive. Homes sell in 73 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 73 days.
Hot homes
can sell for about 1% below list price and go pending in around 7 days.

Compare With Nearby Zip codes

49855

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 50 days.
Hot homes
can sell for about 7% above list price and go pending in around 13 days.

See more nearby cities and neighborhoods

View houses in 49861 that sold recently

Recently sold homes

SOLD NOV 20, 2024
$178,000 Last Sold Price
—beds
—baths
—sq ft
TBD off S Arfelin Rd, Michigamme, MI 49808
List Price
$209,000
Sale to List
15% under list
Days on Market
202 days
TBD off S Arfelin Rd, Michigamme, MI 49808
SOLD NOV 20, 2024
$178,000 Last Sold Price
—beds
—baths
—sq ft
TBD off S Arfelin Lake Rd, Michigamme, MI 49808
(906) 482-1000
List Price
$209,000
Sale to List
15% under list
Days on Market
202 days
TBD off S Arfelin Lake Rd, Michigamme, MI 49808
SOLD OCT 29, 2024
$65,000 Last Sold Price
—beds
—baths
—sq ft
Lot 9 Petticoat Lake Rd, Michigamme, MI 49862-0000
(906) 225-5992
List Price
$65,000
Sale to List
0% over list
Days on Market
0 days
Lot 9 Petticoat Lake Rd, Michigamme, MI 49862-0000
SOLD OCT 29, 2024
$65,000 Last Sold Price
—beds
—baths
—sq ft
Lot 9 Petticoat Rd, Michigamme, MI 49862
List Price
$65,000
Sale to List
0% over list
Days on Market
0 days
Lot 9 Petticoat Rd, Michigamme, MI 49862
SOLD OCT 25, 2024
VIDEO TOUR
$45,000 Last Sold Price
—beds
—baths
—sq ft
#11 Beaufort Lk Stagecoach Dr, Michigamme, MI 49861-9033
(906) 225-5992
List Price
$69,900
Sale to List
36% under list
Days on Market
158 days
#11 Beaufort Lk Stagecoach Dr, Michigamme, MI 49861-9033
SOLD OCT 18, 2024
$99,900 Last Sold Price
—beds
—baths
—sq ft
Lot 8 Petticoat Rd, Michigamme, MI 49862
List Price
$99,900
Sale to List
0% over list
Days on Market
34 days
Lot 8 Petticoat Rd, Michigamme, MI 49862
SOLD OCT 18, 2024
VIDEO TOUR
$99,900 Last Sold Price
—beds
—baths
—sq ft
Lot 8 Petticoat Lake Rd, Michigamme, MI 49862-0000
(906) 225-5992
List Price
$99,900
Sale to List
0% over list
Days on Market
34 days
Lot 8 Petticoat Lake Rd, Michigamme, MI 49862-0000
SOLD OCT 17, 2024
$125,000 Last Sold Price
—beds
—baths
—sq ft
Lot 3 Petticoat Rd, Michigamme, MI 49862
List Price
$125,000
Sale to List
0% over list
Days on Market
34 days
Lot 3 Petticoat Rd, Michigamme, MI 49862
See all recently sold homes in 49861.
See listings

Schools in 49861

Learn about schools in the 49861 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 49861 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49861.

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 49861

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