43Alpha

Marquette, MI metro area Housing Market Brief

metro · MI · as of August 2026

Balanced

What is Marquette, 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.

Price Momentum20%
-14.180
Inventory Health25%
-22.238
Affordability20%
+22.051
Economic Strength20%
10
Rental Yield15%
-2.838

Where is Marquette, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Marquette, 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 Marquette, MI metro area?

Our model forecasts Marquette, MI metro area’s home prices to decline about 8.8% 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.

Marquette, MI metro area housing market data

MetricValueYoY
Median Sale Price$285K▲ +6.3%
Median Days on Market33 days-35.3%
Months of Supply2.90%
Homes for Sale293▲ +28%
Homes Sold106▲ +27.7%
Median Price / Sq Ft$208▲ +22.5%

How has Marquette, MI metro area’s Alpha Score moved?

Now: 43
12-period trend
Median sale price · 12 mo

Markets like Marquette, MI metro area

Frequently asked questions

Is Marquette, MI metro area a buyer's or seller's market?

As of August 2026, Marquette, MI metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Marquette, MI metro area?

The median sale price in Marquette, MI metro area is $285K, having risen 6.3% over the past year.

How affordable is Marquette, MI metro area?

Marquette, MI metro area scores 51 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Marquette, MI metro area's Alpha Score?

Marquette, MI metro area's strongest dimension is Price Momentum (80/100) and its weakest is Economic Strength (10/100). The Alpha Score is a weighted blend of all five dimensions.

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