Cheap Homes for Sale in Ishpeming, MI

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Ishpeming, MI Housing Market Overview

Ishpeming is a balanced market, giving buyers and sellers room to negotiate. With 2.2 months of supply and homes averaging 84 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

84

Inventory

11

Sep 2021Mar 2024Mar 2026

Median Home Price

$162,000Down 0.09%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
11 Up 0.22%
Newly Listed Homes
5 Up 1.50%
Months of Supply
2.2 Down 0.10%

Housing Demand

Homes Sold
5 Down 0.00%
Sale-to-List Ratio
100% Down 1.44%
Homes Sold Above List
20% Down 5.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from MiRealSource through Oct 22, 2026, 12:15 AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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Ishpeming, MI Housing Marketlink qauare
Homes Available icon

39

Homes Available

Median List Price icon

$ 162,000

Median List Price

Avg on Market icon

84 Days

Avg on Market

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