$3,918 Closing Credit*
$329,900
1,744 SqFt
4 Beds
•2 Full Baths
#50162796, BRADLEY ARGALL, Listing Office: RE/MAX 1ST REALTY
Is Negaunee, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Negaunee was a Seller's Market.
Key Takeaway
Negaunee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Negaunee, MI
How much do homes in Negaunee, MI cost?
Median Sold Price
$210,000
$167/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$6,000(-2.8%)
Key Takeaway
Homes in Negaunee have sold for 2.8% less than they did a month ago.
Summary: The median home sold price in Negaunee was $210,000 in November 2024, down 2.8% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98K | - | N/A |
| 3 Bedrooms | $197.9K | $210K | +6.1% |
| 4 Bedrooms | $285.5K | - | N/A |
| 5+ Bedrooms | $490K | - | N/A |
Summary: Negaunee housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ishpeming Township | $160K | $157.5K | -1.6% |
| Negaunee | $216K | $210K | -2.8% |
| Negaunee Township | $216K | $210K | -2.8% |
Housing Supply in Negaunee, MI
How many homes are available in Negaunee, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Summary: The Negaunee real estate market had 23 homes for sale in November 2024, a 25.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Negaunee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 1 | -92.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Negaunee, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Negaunee in November 2024, down by 92.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Negaunee, MI
How long does it take to sell a home in Negaunee, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 11 Days | +5.1% |
Summary: Homes in Negaunee had an average of 11 days on market in Nov 2024, up by 5.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Negaunee are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Negaunee; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.