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Marquette, MI 49855 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Marquette, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.40
ActiveActive listings: 3030PendingPending sales: 1212
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): $542k$542kSoldMedian sold price (last 6 months): $372k$372k
What homes actually sell for in Marquette, MI
Distribution of 165 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $275k to $532k
$196k to $273k: 30 sales$196k$273k to $351k: 40 sales40sales$351k to $428k: 24 sales$351k$428k to $506k: 17 sales$506k to $583k: 15 sales$506k$583k to $660k: 12 sales$660k to $738k: 4 sales$660k$738k to $815k: 5 salesMedian $372k

What the numbers say

As of September 14, 2026, Resideline is tracking 30 active listings and 12 pending sales in ZIP code 49855. That pending-to-active ratio of 0.40 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $542,000, while the median of the 165 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 54 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 165 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $532,000.

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

Resideline is currently tracking 12 pending sales against 30 active listings in 49855, a pending-to-active ratio of 0.40. 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 competitive market.

Nearby ZIP code market data

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