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Foreclosure Homes in Escanaba, MI 49829

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Escanaba, MI Foreclosures

Current Market Conditions in in Escanaba, MI As of April 2026?
Over the past month, the real estate market in Escanaba has continued to show resilience. New listings are being met with strong interest, particularly as the summer season approaches. Buyers are becoming more competitive, often leading to multiple offers on well-priced homes. The average days on the market have decreased as a result, indicating a solid demand for housing in this picturesque community.
How much do homes sell for in Escanaba, MI?
The average home price is currently $187,199.
In Escanaba, MI, how many homes are available?
There are currently 9 active home listings available in Escanaba.
What’s the average rental cost in Escanaba, MI?
The average rental price in Escanaba is $1,363.
What is the most expensive home in Escanaba?
The most expensive home sold in Escanaba had a price of $8,604,215.
What is currently the cheapest priced home in Escanaba, MI?
The cheapest home for sale in Escanaba is priced at $13,711.

Living in Escanaba, MI

Escanaba, located in Michigan's Upper Peninsula, is a picturesque lakeside city known for its rich history and vibrant community. Residents enjoy access to beautiful parks and waterfront activities, making it an ideal location for outdoor enthusiasts. The city offers a mix of local businesses and cultural experiences, creating a welcoming atmosphere for families and individuals alike.

Buyer vs Seller Market in Escanaba, MI

The Escanaba real estate market has been experiencing a steady growth trend, with prices gradually increasing over the past year. The demand for homes, especially those near the waterfront, has seen a notable rise as buyers are drawn to the outdoor lifestyle and community spirit.

With the current market favoring sellers, properties are moving quickly. However, there are still opportunities for buyers, particularly for unique homes or those needing renovation.

Home Value Estimator For Escanaba, MI

There are currently 6,997 real estate properties in Escanaba, MI, with a median automated valuation model (AVM) price of $158,955.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Escanaba, 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 Escanaba, MI, is $187,199.00, with the most expensive house in Escanaba, MI, topping out at $8,604,215.00 and the cheapest home in Escanaba, MI, clocking in at $13,711.00. In other words, there’s something for every potential homebuyer or savvy investor in Escanaba, MI!

Rent Prices In Escanaba, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Escanaba, MI, is on a rollercoaster ride. The average rent price in Escanaba, MI, is $1,363.00. Indeed, when looking to rent in Escanaba, MI, you can expect to pay as little as $630.00 or as much as $2,440.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Escanaba, 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.

Escanaba, MI 49829 Foreclosures


Market Trend for Escanaba, MI

Total Listings Available: 9

Market Values:

Home Prices from $13,711 to $8,604,215

Average Sales Price: $187,199

Rental Values:

Rental from $630 to $2,440

Average Rent Value: $1,363 / month

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