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Preforeclosure Homes in Marquette, MI

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Marquette, MI Foreclosures

How much do homes sell for in Marquette, MI?
The average home price is currently $374,907.
In Marquette, MI, how many homes are available?
There are currently 7 active home listings available in Marquette.
What’s the average rental cost in Marquette, MI?
The average rental price in Marquette is $1,466.
What is the most expensive home in Marquette?
The most expensive home sold in Marquette had a price of $3,515,109.
What is currently the cheapest priced home in Marquette, MI?
The cheapest home for sale in Marquette is priced at $19,800.

Living in Marquette, MI

Marquette, MI is a beautiful lakeside city in the Upper Peninsula known for its outdoor recreation and vibrant community. With stunning views of Lake Superior and a charming downtown area, it offers a perfect balance of nature and culture. The city is also home to Northern Michigan University, enhancing its energetic atmosphere.

Current Market Conditions in Marquette, MI

The real estate market in Marquette is showing signs of growth, with increased demand for both residential and vacation properties. The combination of the area's natural beauty and recreational opportunities make it an attractive location for buyers looking to invest in a home or rental property. Recent developments in the area, along with rising home values, indicate a healthy and thriving market.

As of the last quarter, Marquette has seen a steady increase in home sales prices, reflecting the desirability of the area. Buyers are competing for homes, resulting in multiple offer situations and a decrease in days on the market. The rental market is also robust, with a significant demand for both long-term and short-term rental properties.

Home Value Estimator For Marquette, MI

There are currently 10,863 real estate properties in Marquette, MI, with a median automated valuation model (AVM) price of $337,438.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marquette, 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 Marquette, MI, is $374,907.00, with the most expensive house in Marquette, MI, topping out at $3,515,109.00 and the cheapest home in Marquette, MI, clocking in at $19,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Marquette, MI!

Rent Prices In Marquette, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marquette, MI, is on a rollercoaster ride. The average rent price in Marquette, MI, is $1,466.00. Indeed, when looking to rent in Marquette, MI, you can expect to pay as little as $620.00 or as much as $2,160.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Marquette, 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.

Marquette, MI Preforeclosure Homes


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