Michigamme Real Estate Market Conditions

Median sales price
$285,000

6.79% change since last quarter
# Active listings
16
30-day change

Michigamme Schools and Demographics

Schools
Demographics

Education near Michigamme, MI

	City	County
High School Graduates	97.55	94.58
College Degree - 2 year	4.41	9.33
College Degree - 4 year	32.35	30.78
Graduate Degree	8.33	7.01
Expenditures per Student	35,507	11,523
Students per Teacher	9.6	14.9

Elementary Schools near Michigamme, MI

	Grades	Students	P/T Ratio	ZIP
Aspen Ridge Elementary School	PK - 08	830	15.9	49849
Birchview School	PK - 04	300	14.8	49849
Lakeview School	PK - 04	625	17	49866
Sullivan Elementary School	KG - 05	269	15.3	49946

	Grades	Students	P/T Ratio	ZIP
Ishpeming Middle School	05 - 08	244	20.6	49849
Negaunee Middle School	05 - 08	425	17.6	49866

	Grades	Students	P/T Ratio	ZIP
Ishpeming High School	09 - 12	243	19.8	49849
L'Anse High School	06 - 12	388	19.4	49946
Negaunee High School	09 - 12	395	15.2	49866
Westwood High School	09 - 12	314	14.2	49849

	Grades	Students	P/T Ratio	ZIP
* Ishpeming-Negaunee-Nice Comm. Ed. Division	07 - 12	48	16.6	49866
Republic-Michigamme School	PK - 12	136	9.2	49879

	City	County
Neighborhood Type	Rural
Population	250	67,145
Population Density	105	37
Median Age	60	39.1
People per Household	2	2.4
Median Household Income	47,500	48,491
Average Income per Capita	27,523	25,550

View Homes for Sale in Michigamme

Michigamme Real Estate

The median home value in Michigamme, MI is $285,000. This is higher than the county median home value of $149,000. The national median home value is $219,700. The average price of homes sold in Michigamme, MI is $285,000. Approximately 45.35% of Michigamme homes are owned, compared to 4.26% rented, while 50.39% are vacant. Michigamme real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Michigamme real estate agent to arrange a tour today!

Michigamme, Michigan has a population of 250. Michigamme is less family-centric than the surrounding county with 15.94% of the households containing married families with children. The county average for households married with children is 26.75%.

The median household income in Michigamme, Michigan is $47,500. The median household income for the surrounding county is $48,491 compared to the national median of $57,652. The median age of people living in Michigamme is 60 years.

Michigamme Weather

The average high temperature in July is 77.4 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 32.2 inches per year, with 132.7 inches of snow per year.