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City-owned Homes And Land in Ishpeming, MI

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Ishpeming, MI Foreclosures

How much do homes sell for in Ishpeming, MI?
The average home price is currently $206,995.
In Ishpeming, MI, how many homes are available?
There are currently 9 active home listings available in Ishpeming.
What’s the average rental cost in Ishpeming, MI?
The average rental price in Ishpeming is $1,350.
What is the most expensive home in Ishpeming?
The most expensive home sold in Ishpeming had a price of $3,103,000.
What is currently the cheapest priced home in Ishpeming, MI?
The cheapest home for sale in Ishpeming is priced at $16,646.

Living in Ishpeming, MI

Ishpeming is a charming small town located in Michigan's Upper Peninsula. Known for its rich mining history and beautiful natural landscapes, it offers a serene lifestyle with a close-knit community feel. Outdoor enthusiasts will appreciate its access to woods, lakes, and year-round recreational activities such as skiing, hiking, and fishing.

Current Market Conditions in Ishpeming, MI

The real estate market in Ishpeming has shown a steady increase over the past year, with a growing interest in residential properties due to the area's natural beauty and outdoor recreation opportunities. Buyers are attracted to the affordability of homes compared to larger urban areas, creating a competitive market for listings.

Historically, the market has remained stable, with average days on the market decreasing as more buyers seek homes in this quaint area. Many families are drawn to the community because of its strong school system and family-oriented atmosphere.

Home Value Estimator For Ishpeming, MI

There are currently 5,191 real estate properties in Ishpeming, MI, with a median automated valuation model (AVM) price of $189,173.00. 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 $206,995.00, with the most expensive house in Ishpeming, MI, topping out at $3,103,000.00 and the cheapest home in Ishpeming, MI, clocking in at $16,646.00. 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 $1,350.00. 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 City-owned Homes And Land


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