Featuring Property Focus AI™
Gogebic County Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Gogebic County saw 294 residential properties sold. As of June 2025, the median price for a single-family home is $80,000, with a median AVM value of $127,000 for properties sold in the last year.
There are 380 involuntary liens on 325 properties, 30 in pre-foreclosure, and 9,639 properties with more than 50% equity in Gogebic County. The market also includes 8,009 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
10,946
Total Home Sales
293 12 mo. trend
Median Home Price
$80,00012 mo. trend
Average Loan-to-Value
10.52%
Current Pre-foreclosures
30
% of Properties in Distress
0.27%
Total Involuntary Liens
380
% of High Equity Homes
88.06%
Markets Nearby Gogebic County
The cities and zip codes below highlight the highest-value real estate markets within Gogebic County, ranked by median home sale prices. Top areas include Watersmeet ($317,000), Marenisco ($243,500), 49969 ($317,000), and 49947 ($243,500), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.