Escanaba, MI metro area Housing Market Brief
metro · MI · score computed September 2026
What is Escanaba, MI metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 1 of 5 (population 12,616–37,875) · comparable within its band
Where is Escanaba, MI metro area in its market cycle?
Escanaba, MI metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Escanaba, MI metro area?
Our model forecasts Escanaba, MI metro area’s home prices to rise about 1.7% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Escanaba, MI metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $229K | ▲ +22.3% |
| Median Days on Market | 49 days | ▲ +2.1% |
| Months of Supply | 3.0 | ▼ -6.2% |
| Homes for Sale | 127 | ▲ +12.4% |
| Homes Sold | 43 | ▲ +16.2% |
| Median Price / Sq Ft | $174 | ▲ +40.9% |
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Frequently asked questions
Is Escanaba, MI metro area a buyer's or seller's market?
In the scores computed September 2026, Escanaba, MI metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Escanaba, MI metro area?
The median sale price in Escanaba, MI metro area is $229K, having risen 22.3% over the past year.
How affordable is Escanaba, MI metro area?
Escanaba, MI metro area scores 75 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Escanaba, MI metro area's Alpha Score?
Escanaba, MI metro area's strongest dimension is Affordability (75/100) and its weakest is Economic Strength (9/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Escanaba, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.