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Living in Ishpeming, MI

Ishpeming, MI is a quaint town nestled in the Upper Peninsula, famous for its mining heritage and beautiful outdoor spaces. It offers a range of amenities, excellent schools, and a welcoming community vibe. Residents can enjoy various recreational activities year-round, from skiing in winter to hiking in summer.

Current Market Conditions in Ishpeming, MI

The real estate market in Ishpeming is showing signs of stability as demand is beginning to rise thanks to an influx of new residents attracted by the scenic views and affordable housing. The average home price has increased moderately, reflecting a healthy interest in the area during the past few months.

Investors looking for opportunities in Ishpeming may find competitive prices compared to other regions in Michigan. With ongoing developments and the growing appeal of outdoor activities, the real estate market appears poised for growth, attracting both new homeowners and investors.

Home Value Estimator For Ishpeming, MI

There are currently 5,158 real estate properties in Ishpeming, MI, with a median automated valuation model (AVM) price of $192,636.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ishpeming, 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 Ishpeming, MI, is $212,863.00, with the most expensive house in Ishpeming, MI, topping out at $3,166,900.00 and the cheapest home in Ishpeming, MI, clocking in at $16,494.00. In other words, there’s something for every potential homebuyer or savvy investor in Ishpeming, MI!

Rent Prices In Ishpeming, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ishpeming, MI, is on a rollercoaster ride. The average rent price in Ishpeming, MI, is $1,351.00. Indeed, when looking to rent in Ishpeming, MI, you can expect to pay as little as $530.00 or as much as $2,160.00, 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 Ishpeming, 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.

Ishpeming, MI Search Results


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