Housing in Laurium, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$160,000
Median List Price
$273,250
Price Per Sq Ft
$109
Days on Market
84
Active Inventory
11
Months of Supply
11.0
Buyer's market
Zillow Home Value
$121,017
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
95.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$109
Median List $/SF
$112
Laurium vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Laurium is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$87,600
Median Rent
$590
Total Housing Units
993
Vacancy Rate
25.7%
Owner Occupied
70.7%
Renter Occupied
29.3%
Median Property Tax
$1,311
per year
Monthly Cost (w/ Mortgage)
$775
Housing Types
The current median sale price in Laurium, MI is $160,000 according to Redfin data. Homes spend a median of 84 days on the market. 0.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $109. The median rent is $590 per month (Census ACS). About 70.7% of housing units are owner-occupied. The median year homes were built is 1938. There are 993 total housing units.