Housing in Bessemer, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$101,007
Bessemer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Bessemer is highlighted.
Median Home Value
9th%ilemost expensive$76,100show rank
Median Rent
3rd%ilemost expensive rent$504show rank
Rent Burden
8th%ilehighest rent burden11.9%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$76,100
Median Rent
$504
Total Housing Units
1,155
Vacancy Rate
26.7%
Owner Occupied
75.4%
Renter Occupied
24.6%
Median Property Tax
$1,461
per year
Monthly Cost (w/ Mortgage)
$807
Housing Types
Single Family83.3%
Multi-Family14.1%
Mobile Home2.6%
The median home value in Bessemer, MI is $76,100. According to Zillow, the home value index for Bessemer is $101,007. The median rent is $504 per month (Census ACS). About 75.4% of housing units are owner-occupied. The median year homes were built is 1941. There are 1,155 total housing units.