58Alpha

Marquette, MI metro area Housing Market Brief

metro · as of May 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%
+20.194
Inventory Health25%
-1.060
Affordability20%
47
Economic Strength20%
No data
50
Rental Yield15%
30

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Marquette, MI metro area housing market data

MetricValueYoY
Median Sale Price$330K▲ +20.9%
Median Days on Market46 days-9.8%
Months of Supply4.1-4.6%
Homes for Sale167-17.3%
Homes Sold41-12.8%
Median Price / Sq Ft$218▲ +15.6%
Sale-to-List Ratio103.7%▲ +3.2%

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

Now: 58
4-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 May 2026, Marquette, MI metro area is classified as a Balanced Market, based on its Alpha Score of 58 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 $330K, having risen 20.9% over the past year.

How affordable is Marquette, MI metro area?

Marquette, MI metro area scores 47 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 (94/100) and its weakest is Rental Yield (30/100). 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.