57Alpha

Luce County, MI Housing Market Brief

county · MI · as of May 2026

Balanced

What is Luce 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%
-15.753
Inventory Health25%
-3.639
Affordability20%
86
Economic Strength20%
-0.534
Rental Yield15%
84

Where is Luce County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Luce 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.

Luce County, MI housing market data

MetricValueYoY
Median Sale Price$73K-34.8%
Median Days on Market137 days▲ +153.7%
Months of Supply11.0▲ +254.8%
Homes for Sale33▲ +50%
Homes Sold3-57.1%
Median Price / Sq Ft$58-43.7%
Sale-to-List Ratio97.1%▲ +1.8%

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

Now: 57
3-period trend
Median sale price · 12 mo

Markets like Luce County, MI

Frequently asked questions

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

As of May 2026, Luce County, MI is classified as a Balanced Market, based on its Alpha Score of 57 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Luce County, MI is $73K, having fallen 34.8% over the past year.

How affordable is Luce County, MI?

Luce County, MI scores 86 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Luce County, MI's strongest dimension is Affordability (86/100) and its weakest is Economic Strength (34/100). The Alpha Score is a weighted blend of all five dimensions.

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