53Alpha

Gogebic County, MI Housing Market Brief

county · MI · as of May 2026

Balanced

What is Gogebic County, MI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-14.855
Inventory Health25%
+5.538
Affordability20%
87
Economic Strength20%
-2.111
Rental Yield15%
85

Where is Gogebic County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Gogebic County, MI is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Gogebic County, MI housing market data

MetricValueYoY
Median Sale Price$130K-11.3%
Median Days on Market44 days▲ +7.3%
Months of Supply9.9▲ +200%
Homes for Sale79▲ +9.7%
Homes Sold8-63.6%
Median Price / Sq Ft$122▲ +8.3%
Sale-to-List Ratio95.3%-2.2%

How has Gogebic County, MI’s Alpha Score moved?

Now: 53
3-period trend
Median sale price · 12 mo

Markets like Gogebic County, MI

Frequently asked questions

Is Gogebic County, MI a buyer's or seller's market?

As of May 2026, Gogebic County, MI is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Gogebic County, MI?

The median sale price in Gogebic County, MI is $130K, having fallen 11.3% over the past year.

How affordable is Gogebic County, MI?

Gogebic County, MI scores 87 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Gogebic County, MI's Alpha Score?

Gogebic County, MI's strongest dimension is Affordability (87/100) and its weakest is Economic Strength (11/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Gogebic County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.