Market Intelligence Report — MI-540

Escanaba, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Stabilizing

Median Listing

$352K
+0.6% YoY

Pending Ratio

0.49
-6.4% YoY

Active Inventory

89
+9.2% YoY

Median DOM

51 Days
+14.1% YoY

Primary Intelligence Tool — Sold Score™

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Escanaba, MI, demonstrates a stabilizing market condition, characterized by a pending ratio of 0.49. This metric indicates a more balanced pace of demand absorption relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Escanaba market right now.

Active listings have increased by 9.2% over the past year, reaching 89 units, while new listings have contracted by 11.8% over the same period. The median listing price has seen a modest year-over-year increase of 0.6%, standing at $352,250. Concurrently, the pending ratio has declined by 6.4% year-over-year, suggesting a moderation in the pace of demand.

Historical Analysis

Market Trends

Median Price

$352K+2.1% MoM

Active Inventory

89+9.2% YoY

Days on Market

51+14.1% YoY

Sold Score™

73-6.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio at 0.49, the market is exhibiting a more even distribution of leverage. The current inventory levels, alongside a decelerating pending ratio, suggest that pricing discipline is becoming increasingly important, with less pressure for rapid commitments.

Luxury Segment

The average listing price of $395,202, which is 12.2% above the median listing price of $352,250, alongside a year-over-year decline of 2.0% in the average listing price, suggests some price recalibration in the higher-priced segments.

Supply Dynamics

89 active listings represent the current floor, with new supply arriving at roughly 30 per month.

Pricing Pressure
13.8%

of active listings carry a price reduction, -1.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +8.5% year-over-year.

Absorption
0.49

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Escanaba, MI? Homes here are taking 6 days longer to sell than last year.

Escanaba, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
49%
Median Days on Market
51 days
Inventory YoY
+9%

Escanaba, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Escanaba, MI
CBSA Code
21540
State
MI
Analysis FAQ
  • What is the current market condition in Escanaba?+

    As of the latest 2026 data, the Escanaba metro is classified as Stabilizing. Pending ratio is 0.49 with median days on market at 51.

  • Are home prices dropping in Escanaba?+

    Median listing price is $352K, +0.6% year over year. 13.8% of active listings carry a price reduction.

  • How fast are homes selling in Escanaba?+

    The typical listing sits 51 days on market, a +14.1% change YoY. New listings are arriving at 30 per month.

  • What's happening in the Escanaba luxury market?+

    The average listing price of $395,202, which is 12.2% above the median listing price of $352,250, alongside a year-over-year decline of 2.0% in the average listing price, suggests some price recalibration in the higher-priced segments.

  • Where can I find a trusted Escanaba real estate expert?+

    Primpted maintains a vetted registry of Escanaba agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 21540 · 36mo history