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Marquette, MI 49855 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Marquette, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 4242PendingPending sales: 22
Marquette, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $525k$525kSoldMedian sold price (last 6 months): $372k$372k
What homes actually sell for in Marquette, MI
Distribution of 192 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $275k to $520k
$196k to $276k: 41 sales$196k$276k to $357k: 42 sales42sales$357k to $438k: 33 sales$357k$438k to $518k: 17 sales$518k to $598k: 20 sales$518k$598k to $679k: 13 sales$679k to $760k: 3 sales$679k$760k to $840k: 4 salesMedian $372k

What the numbers say

As of October 26, 2026, Resideline is tracking 42 active listings and 2 pending sales in ZIP code 49855. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $524,900, while the median of the 192 closed sales Resideline tracked over the last six months was $372,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 49855 for 74 days.

Frequently asked questions

What is the median home price in 49855?

The median closed sale price in Marquette, MI 49855 was $372,000 over the last six months, based on 192 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $520,000.

Is 49855 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 42 active listings in 49855, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 49855 currently looks like a balanced market.

Nearby ZIP code market data

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