ZIP 49808 housing market
Data through Sep 2026 · Balanced market · leverage 77
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Buyer Leverage Score
77
Sep 2026
Months of Supply
1.5 months
Jun 2025
Days on Market
88 days
Sep 2026
Price Cut %
36%
Sep 2026
Sale-to-List Ratio
104.8%
Feb 2026
Expected Disaster Loss
$88
Dec 2025
What this means
- Supply. Listings are 53% below the 2017-19 norm and rising (+150% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is high (77/100; U.S.: 54): homes typically sell at or above asking (104.8% of list) (as of Feb 2026); 36% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $88 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Marquette County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Marquette, MI 49855 | $342.1K | +9.3% | 16 |
| Ishpeming, MI 49849 | $201.9K | +8.5% | 10 |
| Negaunee, MI 49866 | $248.4K | +7.1% | 10 |
| Gwinn, MI 49841 | $203.6K | +10.1% | 24 |
| Skandia, MI 49885 | $245.2K | +9.2% | 41 |
| Cornell, MI 49818 | $221.4K | +17.3% | 0 |
| Republic, MI 49879 | $189.6K | +8.8% | 40 |
| Champion, MI 49814 | $189.7K | +8.7% | 57 |
| Rock, MI 49880 | $189K | +7.9% | 10 |
| Palmer, MI 49871 | $128.1K | +0.3% | 2 |
| Skandia, MI 49833 | $185.9K | +8.8% | 7 |