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Downtown Marquette, Michigan in Autumn (43657514144)Photo: Tony Webster from Minneapolis, Minnesota, United States · CC BY 2.0
Housing in Marquette

153 homes sold in Marquette in the last year, at a typical $342K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marquette homes are listed.

Homes sold
153
June 2025 to May 2026
Typical sale price
$342K
median, weighted by sales
Price per square foot
$235
Michigan $172
Paid vs. asking
100.8%
41% sold over asking
For sale now
34
May 2026 · 13 sold that month
What sold · last 12 months

Houses are 82% of Marquette’s sales, at a typical $337K

153 homes sold in the year to May 2026.

Houses$337K

typical sale · 125 sold in 12 months

Per square foot
$236MI $172
Days to sell
48
Sold over asking
42%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 17 sold, typical $360K
Townhouses: 2 sold, typical $663K
Condos: 9 sold, typical $672K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.9 times the 2016 price

153 sales in the last year, against 269 in 2018 and a low of 145 in 2012. The typical sale went from $183K in 2016 to $342K.

Homes soldTypical sale price
075150225300$175K$250K$325K$400K2012: 145 sold, typical $164K’122013: 211 sold, typical $159K2014: 194 sold, typical $162K’142015: 211 sold, typical $160K2016: 244 sold, typical $183K’162017: 211 sold, typical $169K2018: 269 sold, typical $197K’182019: 237 sold, typical $201K2020: 250 sold, typical $227K’202021: 234 sold, typical $240K2022: 215 sold, typical $301K’222023: 176 sold, typical $336K2024: 157 sold, typical $347K’242025: 166 sold, typical $350KLast 12 months: 153 sold, typical $342KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Marquette

Houseat $236 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Marquette homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Marquette are more common than before the pandemic, but 60% fewer homes come up for sale

We read every month of Marquette’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 153 sales.

If you’re buying in Marquette

  • Shop in May. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Bid near asking. Buyers paid 100.8% of the list price on average; 41% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 53 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 31 a month), but June is the most competitive: 28% of June sales close over asking. March has the least competition (21%).

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 13 new listings a month, 22% sold over asking, 100 days to sellJFeb: 12 new listings a month, 26% sold over asking, 98 days to sellFMar: 19 new listings a month, 21% sold over asking, 87 days to sellMApr: 19 new listings a month, 24% sold over asking, 76 days to sellAMay: 31 new listings a month, 25% sold over asking, 91 days to sellMJun: 30 new listings a month, 28% sold over asking, 58 days to sellJJul: 25 new listings a month, 27% sold over asking, 57 days to sellJAug: 24 new listings a month, 24% sold over asking, 66 days to sellASep: 18 new listings a month, 23% sold over asking, 66 days to sellSOct: 16 new listings a month, 26% sold over asking, 73 days to sellONov: 11 new listings a month, 25% sold over asking, 73 days to sellNDec: 7 new listings a month, 22% sold over asking, 85 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Michigan

Marquette now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price41%10%41%31%
Gone within two weeksShare of homes under contract within 14 days34%6%5%43%
Listings with a price cutShare of homes for sale that cut their price25%——28%
Price paid vs. askingAverage sale price ÷ list price100.8%97.1%101.2%98.4%
Days to sellMedian days from listing to contract53885733
Supply

32 homes for sale on a typical day

That’s 1.7 times the 2023 low (20), 60% fewer than in 2017–19 and well under 2013’s 116.

2012: 90 for sale’122013: 116 for sale2014: 114 for sale2015: 110 for sale’152016: 103 for sale2017: 85 for sale2018: 86 for sale’182019: 74 for sale2020: 53 for sale2021: 61 for sale’212022: 42 for sale2023: 20 for sale2024: 29 for sale’242025: 35 for saleLast 12 months: 32 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against — in 2017–19 and 28% across Michigan.

2023: 19%’232024: 22%2025: 25%Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 72%, condos 82%

A house typically sold for $337K in the last year (125 sales), a condo for $672K (9).

$275K$450K$625K$800K2013201520172019202120232025NowHouses 2013: $146K, 173 salesHouses 2014: $152K, 164 salesHouses 2015: $153K, 180 salesHouses 2016: $182K, 202 salesHouses 2017: $165K, 177 salesHouses 2018: $188K, 221 salesHouses 2019: $196K, 184 salesHouses 2020: $225K, 206 salesHouses 2021: $237K, 197 salesHouses 2022: $282K, 159 salesHouses 2023: $325K, 129 salesHouses 2024: $343K, 122 salesHouses 2025: $348K, 139 salesHouses last 12 months: $337K, 125 salesHouses $337KCondos 2013: $290K, 26 salesCondos 2014: $288K, 19 salesCondos 2015: $321K, 21 salesCondos 2016: $345K, 27 salesCondos 2017: $303K, 19 salesCondos 2018: $397K, 27 salesCondos 2019: $369K, 22 salesCondos 2020: $324K, 21 salesCondos 2021: $451K, 14 salesCondos 2022: $527K, 35 salesCondos 2023: $428K, 28 salesCondos 2024: $518K, 13 salesCondos 2025: $654K, 10 salesCondos last 12 months: $672K, 9 salesCondos $672K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Marquette ranks 38th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Marquette is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Marquette home costs about $2,145 a month

Mortgage
Property tax
Insurance
Rent

Price: Marquette’s typical sale, last 12 months. Property tax at Marquette’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marquette is affordable on local pay is on Cost of living.

Before you buy in Marquette

Six things worth knowing

31

New listings in May

The month with the most choice. December has the fewest, about 7.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $342K home, about $4,330 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Marquette, from test results, graduation and how much students grow.

Schools in Marquette
13 min

Typical commute

The average one-way trip to work for people who live in Marquette.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Trowbridge Park, Harvey, Negaunee, Ishpeming, West Ishpeming and Gwinn sell for less a square foot

The busier markets within 25 miles of Marquette, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Marquette153$342K$23541%53
Ishpeming81$178K$12641%48
Negaunee64$252K$16334%76
Harvey37$368K$20941%48
West Ishpeming23$267K$18130%60
Gwinn23$197K$13917%60
Trowbridge Park20$325K$22125%59

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Marquette, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marquette. People who follow the town see it, and so do people comparing Marquette with their own town. No commission, no listing fee.

Questions about buying a home in Marquette

What do homes sell for in Marquette, MI?

153 homes sold in the year to May 2026 at a typical $342K, $235 a square foot.

Is Marquette a buyer’s or seller’s market?

A seller’s market: 34 homes were for sale in May 2026 and 13 sold, about 2.6 months of supply. Buyers paid 100.8% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Marquette?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Marquette?

About 1.3% of a home’s value a year. On a $342K home that’s near $4,330.

Where can I see homes for sale in Marquette?

Zillow, Redfin, Realtor.com and Homes.com all carry Marquette’s MLS listings; the search links above open each one filtered to Marquette.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).