Is Ishpeming, MI 49849 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Ishpeming is a seller’s market. With about 2.2 months of supply and 48% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.2Under 4 months = seller’s market

Sold above original list48.1%Share of sales, last 3 months

Median sale-to-list101.5%Sold price ÷ list price

Median days on market45Listing to accepted offer

Median price per sq ft$178▲ +28.2% vs. last year

Run the numbers for 49849

Prefilled for 49849Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49849Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Big Bay 49808 — /sq ft Champion 49814Balanced $163 /sq ft Cornell 49818Seller’s market $180 /sq ft Gwinn 49841Seller’s market $180 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology