Housing Prices in Presque Isle, MI

How much do homes in Presque Isle, MI cost?

Median List Price

$249,900

$167/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$32,500(+14.9%)

Key Takeaway

The list price of homes in Presque Isle has increased by 14.9% since last year.

Summary: The median home list price in Presque Isle was $249,900 in May 2024, up 14.9% from the previous year, and the median price per square foot was $167.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $209.9K$214.9K
+2.4%
3 $209K$210K
0.5%
4 $425K$387.4K
-8.8%
5+ $369K-
N/A

Summary: Presque Isle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Alpena Township
+15.2%
Presque Isle
+14.9%
Presque Isle Township
+9.9%

Housing Supply in Presque Isle, MI

How many homes are available in Presque Isle, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
880.0%

Summary: The Presque Isle real estate market had 8 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 55
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Presque Isle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Presque Isle, MI

How long does it take to sell a home in Presque Isle, MI?

Average Listing Age

May 2023May 2024CHANGE
610 Days231 Days-62.0%

Summary: Homes in Presque Isle had an average listing age of 231 days in May 2024, down by 62% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Presque Isle, MI

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