Ramsay, MI 49959 housing market
Data through Sep 2026 · Seller's market · leverage 27
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Buyer Leverage Score
27
Sep 2026
Months of Supply
3.0 months
Jun 2026
Days on Market
336 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
100.8%
Jun 2026
Expected Disaster Loss
$66
Dec 2025
What this means
- Supply. Listings are 77% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (27/100; U.S.: 54): homes typically sell at or above asking (100.8% of list) (as of Jun 2026); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $66 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 Gogebic County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Ironwood, MI 49938 | $113.8K | +7.5% | 64 |
| Bessemer, MI 49911 | $118.4K | +4.0% | 63 |
| Wakefield, MI 49968 | $116.3K | +11.9% | 42 |
| Watersmeet, MI 49969 | $299.7K | +3.9% | 38 |
| Marenisco, MI 49947 | $251.5K | +12.7% | 63 |