Housing in Negaunee, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$225,000

Median List Price

$269,900

Price Per Sq Ft

$168

Days on Market

47

Active Inventory

7

Months of Supply

1.4

Seller's market

Zillow Home Value

$214,593

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 34.3%List Price 35.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

101.5%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Pending Sales

2

Homes Sold 25.0%New Listings 85.7%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$168

Median List $/SF

$174

Sale $/SF 50.0%List $/SF 27.0%Mar 24Jan 26

Negaunee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Negaunee 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

$156,400

Median Rent

$853

Total Housing Units

2,067

Vacancy Rate

5.9%

Owner Occupied

78.2%

Renter Occupied

21.8%

Median Property Tax

$2,027

per year

Monthly Cost (w/ Mortgage)

$905

Housing Types

Single Family
87.1%
Multi-Family
12.3%
Mobile Home
0.5%

The current median sale price in Negaunee, MI is $225,000 according to Redfin data. Homes spend a median of 47 days on the market. 40.0% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $168. The median rent is $853 per month (Census ACS). About 78.2% of housing units are owner-occupied. The median year homes were built is 1952. There are 2,067 total housing units.