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Foreclosure Homes in Bessemer, MI

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Bessemer, MI Foreclosures

Current Market Conditions in Bessemer, MI as of May 2026?
Home values: +3.16% MoM; rent: +0.00% MoM.
How much do homes sell for in Bessemer, MI?
The average home price is currently $139,639.
In Bessemer, MI, how many homes are available?
There are currently 2 active home listings available in Bessemer.
What’s the average rental cost in Bessemer, MI?
The average rental price in Bessemer is $1,279.
What is the most expensive home in Bessemer?
The most expensive home sold in Bessemer had a price of $1,164,766.
What is currently the cheapest priced home in Bessemer, MI?
The cheapest home for sale in Bessemer is priced at $10,195.

Living in Bessemer, MI

Bessemer, Michigan is an affordable western Upper Peninsula market near ski resorts, trail systems, Lake Superior recreation, and the Ironwood employment and retail area.

Buyer vs Seller Market in Bessemer, MI

Median home value: $100,999 as of 2026-05-14.

Median rent: $1,260 as of 2026-05-14.

Home values: +3.16% MoM, +2.16% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Bessemer, MI

There are currently 1,350 real estate properties in Bessemer, MI, with a median automated valuation model (AVM) price of $100,999.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bessemer, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bessemer, MI, is $139,639.00, with the most expensive house in Bessemer, MI, topping out at $1,164,766.00 and the cheapest home in Bessemer, MI, clocking in at $10,195.00. In other words, there’s something for every potential homebuyer or savvy investor in Bessemer, MI!

Rent Prices In Bessemer, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bessemer, MI, is on a rollercoaster ride. The average rent price in Bessemer, MI, is $1,279.00. Indeed, when looking to rent in Bessemer, MI, you can expect to pay as little as $730.00 or as much as $2,180.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Bessemer, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bessemer, MI Foreclosures

Market Trend for Bessemer, MI

Total Listings Available: 2

Market Values:

Home Prices from $10,195 to $1,164,766

Average Sales Price: $139,639

Rental Values:

Rental from $730 to $2,180

Average Rent Value: $1,279 / month

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