April 2024

49953 Housing Market Report Ontonagon, Ontonagon County, Michigan

Report Updated Apr 1, 2024

Housing Prices in 49953, MI

How much do homes in 49953, MI cost?

Median List Price

$144,900

$92/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$30,450(+26.6%)

Key Takeaway

The list price of homes in 49953 has increased by 26.6% since last year.

Summary: The median home list price in 49953 was $144,900 in April 2024, up 26.6% from the previous year, and the median price per square foot was $92.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	-	$107.4K	N/A
4 Bedrooms	$114.4K	$289.4K	+152.9%
5+ Bedrooms	-	-	N/A

Summary: 49953 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 152.9%, and 5+ bedroom homes did not change.

Housing Supply in 49953, MI

How many homes are available in 49953, MI?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
2	6	+200.0%

Summary: The 49953 real estate market had 6 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	0	3	+100.0%
4 Bedrooms	2	3	+50.0%
5+ Bedrooms	0	0	0.0%

Summary: The 49953 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 49953, MI

How long does it take to sell a home in 49953, MI?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
487 Days	174 Days	-64.1%

Summary: Homes in 49953 had an average listing age of 174 days in Apr 2024, down by 64.1% compared to the previous year.

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

Report Updated Apr 1, 2024

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Newest Listings in 49953, MI

What homes are available in 49953, MI?

See More Listings

$830 Closing Credit

$69,900

880 SqFt

2 Beds

•

1 Full Bath

501 Minnesota Ave, Ontonagon MI, 49953

#50143667, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC

Virtual Tour

$8,158 Closing Credit

$687,000

1,408 SqFt

3 Beds

•

2 Full Baths

35837 L P Walsh Rd, Ontonagon MI, 49953

#50143595, KEVIN PATANA, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H

$2,601 Closing Credit

$219,000

1,314 SqFt

3 Beds

•

2 Full Baths

614 Chippewa St, Ontonagon MI, 49953

#50143556, SHERI HIRVELA, Listing Office: DOMITROVICH REALTY, INC

$4,691 Closing Credit

$395,000

1,052 SqFt

2 Beds

•

1 Full Bath

28528 W State Highway M-64, Ontonagon MI, 49953

#50142056, BONNIE KEMPPAINEN-MAKI, Listing Office: BORSETH PROPERTIES

$1,780 Closing Credit

$149,900

1,100 SqFt

4 Beds

•

1 Full Bath

521 N 7th St, Ontonagon MI, 49953

#50141380, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC

$1,780 Closing Credit

$149,900

400 SqFt

1 Beds

•

1 Full Bath

13629 Lakeshore Dr, Ontonagon MI, 49953

#50141262, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC

3 bedrooms, 1 full bath, 1 partial house for sale

$1,543 Closing Credit

$129,900

1,152 SqFt

3 Beds

•

1 Full Bath, 1 Partial

114 Tamarack Ln, Ontonagon MI, 49953

#50140374, SHERI HIRVELA, Listing Office: DOMITROVICH REALTY, INC

$6,236 Closing Credit

$525,123

1,988 SqFt

4 Beds

•

2 Full Baths

29367 W State Highway M-64, Ontonagon MI, 49953

#50140115, BONNIE KEMPPAINEN-MAKI, Listing Office: BORSETH PROPERTIES

$772 Closing Credit

$65,000

953 SqFt

3 Beds

•

1 Full Bath, 1 Partial

116 Minnesota Ave, Ontonagon MI, 49953

#50139253, DONALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC

3 bedrooms, 2 full baths, 1 partial house for sale

$7,064 Closing Credit

$594,900

1,700 SqFt

3 Beds

•

2 Full Baths, 1 Partial

22812 W State Highway M64, Ontonagon MI, 49953

#50139080, GERALD DOMITROVICH, Listing Office: DOMITROVICH REALTY, INC

$1,888 Closing Credit

$159,000

1,786 SqFt

3 Beds

•

1 Full Bath, 1 Partial

719 Trap St Unit 2, Ontonagon MI, 49953

#50137203, KAREN LAHTI, Listing Office: RE/MAX DOUGLASS R.E.-H

4 bedrooms, 1 full bath, 1 partial house for sale

$4,976 Closing Credit

$419,000

1,984 SqFt

4 Beds

•

1 Full Bath, 1 Partial

30670 Warbler Ln, Rockland MI, 49953

#50135973, TODD BORSETH, Listing Office: BORSETH PROPERTIES

Nearby Markets to 49953, MI

MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL for the period 05/01/2022 - 05/01/2024

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 10:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.