Housing in Marquette, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$212,950

Median List Price

$332,450

Price Per Sq Ft

$187

Days on Market

57

Active Inventory

21

Months of Supply

3.5

Seller's market

Zillow Home Value

$309,268

ZHVI — January 2026

Zillow Rent Index

$1,440

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 53.3%List Price 26.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
9.5%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

6

Pending Sales

4

Homes Sold 0.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$187

Median List $/SF

$295

Sale $/SF 2.6%List $/SF 1.3%Mar 24Jan 26

Marquette vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Marquette 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

$254,100

Median Rent

$958

Total Housing Units

9,344

Vacancy Rate

7.1%

Owner Occupied

48.8%

Renter Occupied

51.2%

Median Property Tax

$3,291

per year

Monthly Cost (w/ Mortgage)

$989

Housing Types

Single Family
54.6%
Multi-Family
44.3%
Mobile Home
1.1%

The current median sale price in Marquette, MI is $212,950 according to Redfin data. Homes spend a median of 57 days on the market. 33.3% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $187. Zillow's observed rent index is $1,440/month. About 48.8% of housing units are owner-occupied. The median year homes were built is 1969. There are 9,344 total housing units.