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 accelerated 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 Marquette, MI housing market is currently experiencing accelerated activity, driven by a pending ratio of 0.61. This indicates that demand continues to absorb available inventory at a robust pace, despite a notable year-over-year increase in active listings.
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.
Active listings have expanded significantly, up 34.5% year-over-year, alongside a 41.2% year-over-year surge in new listings. While the median listing price declined by 2.6% over the past year, demand remains relatively strong, with median days on market contracting by 20.0% year-over-year. The pending ratio, however, has softened by 12.4% year-over-year, suggesting some moderation in the pace of demand relative to the prior period.
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 current market dynamics suggest a sustained pace of transactions, with inventory pressure remaining observable given the pending ratio above 0.60. While new supply has increased, the relatively quick absorption reflected in days on market metrics indicates that sellers may still command some discipline in pricing, though the upward trend in price-reduced share suggests evolving buyer expectations.
The luxury segment does not present a distinct signal in this dataset, with the average listing price up 5.2% year-over-year contrasting with a 2.8% year-over-year decline in median $/sqft. No distinct luxury-segment signal in this dataset.
187 active listings represent the current floor, with new supply arriving at roughly 96 per month.
of active listings carry a price reduction, +10.5% from prior period.
Median price per square foot has moved -2.8% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Marquette, MI? Homes here are taking 12 days less to sell than last year.
Demand in Marquette, MI is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 61%
- Median Days on Market
- 46 days
- Inventory YoY
- +35%
Demand is strong in Marquette, MI. Check your Sold Score before you price — conditions this favorable don't hold forever.
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