Cities with the fastest growing home prices in Marquette metro area

Written by:
August 23, 2022
ungvar // Shutterstock

Cities with the fastest growing home prices in Marquette metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Marquette, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 9 cities and towns with data available were included in the list.

You may also like: Cities with the most expensive homes in Marquette metro area

1 / 9
Stacker

#9. Gwinn, MI

- 1-year price change: +$10,095 (+8.0%)
- 5-year price change: +$42,787 (+45.8%)
- Typical home value: $136,172 (#8 most expensive city in metro)
2 / 9
Stacker

#8. Ishpeming, MI

- 1-year price change: +$10,259 (+8.1%)
- 5-year price change: +$36,903 (+37.0%)
- Typical home value: $136,756 (#7 most expensive city in metro)
3 / 9
Stacker

#7. Republic, MI

- 1-year price change: +$10,549 (+10.6%)
- 5-year price change: +$29,816 (+37.1%)
- Typical home value: $110,234 (#9 most expensive city in metro)
4 / 9
Stacker

#6. Champion, MI

- 1-year price change: +$10,654 (+8.3%)
- 5-year price change: +$35,508 (+34.2%)
- Typical home value: $139,402 (#6 most expensive city in metro)
5 / 9
Stacker

#5. Negaunee, MI

- 1-year price change: +$16,888 (+9.5%)
- 5-year price change: +$58,001 (+42.4%)
- Typical home value: $194,716 (#4 most expensive city in metro)

You may also like: Cities with the fastest growing home prices in Marquette metro area

6 / 9
Stacker

#4. Skandia, MI

- 1-year price change: +$19,621 (+11.4%)
- 5-year price change: +$60,114 (+45.7%)
- Typical home value: $191,612 (#5 most expensive city in metro)
7 / 9
Stacker

#3. Harvey, MI

- 1-year price change: +$22,213 (+9.6%)
- 5-year price change: +$69,299 (+37.8%)
- Typical home value: $252,576 (#3 most expensive city in metro)
8 / 9
Stacker

#2. Marquette, MI

- 1-year price change: +$22,677 (+9.2%)
- 5-year price change: +$78,878 (+41.3%)
- Typical home value: $269,818 (#1 most expensive city in metro)
9 / 9
Stacker

#1. Trowbridge Park, MI

- 1-year price change: +$23,121 (+10.0%)
- 5-year price change: +$72,004 (+39.7%)
- Typical home value: $253,558 (#2 most expensive city in metro)

Trending Now