Marquette, MI
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's stabilizing Marquette market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Marquette, MI.
The housing market in the most recent month showed signs of stabilization, characterized by a pending ratio of 0.58. Active listings have expanded significantly, increasing by 47.7% year-over-year, while the median listing price experienced a minor month-over-month decline of 1.4%.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Marquette market right now.
Inventory levels have seen substantial growth over the past year, with active listings up 47.7% and new listings increasing by 37.5% year-over-year. Despite this supply expansion, the median listing price still posted a 4.2% year-over-year gain, though it dipped slightly month-over-month. Demand, as indicated by the pending ratio, has moderated, declining by 19.0% year-over-year to 0.58, suggesting a shift from previous market dynamics.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The expansion in active listings suggests some pressure alleviation on available housing stock. While the median days on market saw a significant year-over-year reduction to 50 days, the declining pending ratio indicates a more measured pace of transactions. Price discipline may be tested as inventory grows, potentially leading to more balanced negotiations.
The average listing price, at $534,600, significantly exceeds the median listing price of $394,450. This, combined with a 9.0% year-over-year increase in average listing price compared to a 4.2% increase in median listing price, suggests some divergence in price appreciation across different tiers. However, with the median $/sqft up 8.1% year-over-year, there is no distinct signal of softness in the higher-price segment overall.
194 active listings represent the current floor, with new supply arriving at roughly 88 per month.
of active listings carry a price reduction, +1.1% from prior period.
Median price per square foot has moved +8.1% year-over-year.
Pending-to-active ratio — Stabilizing.
Recommended For This Market
StabilizingSelling in Marquette, MI? Homes here are taking 18 days less to sell than last year.
Marquette, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 58%
- Median Days on Market
- 50 days
- Inventory YoY
- +48%
Marquette, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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