Marquette, MI housing market
The typical Marquette home is worth about $343,000, up 9.4% in a year, 29% above the Michigan typical home.
Home values, sales, trends and how Marquette compares with the towns next door — updated as new data is published.
Marquette at a glance
Typical home value, 2016–2026
Show as a table
| January | Marquette | Michigan |
|---|---|---|
| 2017 | $168,000 | $144,000 |
| 2018 | $176,000 | $155,000 |
| 2019 | $184,000 | $165,000 |
| 2020 | $191,000 | $175,000 |
| 2021 | $210,000 | $194,000 |
| 2022 | $241,000 | $217,000 |
| 2023 | $267,000 | $230,000 |
| 2024 | $283,000 | $241,000 |
| 2025 | $300,000 | $253,000 |
| 2026 | $327,000 | $262,000 |
| August 2026 | $343,000 | $266,000 |
Marquette and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2007 | Median income |
|---|---|---|---|---|---|
| Marquette | $343K | +9.4% | $1,220 | — | $57,983 |
| Marquette | — | +5.9%† | $1,220 | — | $55,613 |
| Negaunee | $243K | +6.8% | $980 | — | $97,955 |
| Sands | — | +2.5%† | $1,080 | — | $87,443 |
| Ishpeming | $202K | +8.5% | $1,010 | 0 | $94,271 |
† FHFA price index change, where Zillow has no home value for the town.
5.9 years of income
The typical Marquette home costs about 5.9 years of the town's median household income, more than across Michigan (3.7 years).
How Marquette ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,220
HUD's Fair Market Rent for a two-bedroom in Marquette is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Marquette pay a median of $1,198. A two-bedroom takes about 25% of the town's median household income.
Studio $840 · 4 bedrooms $1,790
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49855; Marquette County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.