The story of this market
The typical home in ZIP 49854 sells for about $199,000, or $148 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $702 a month.
ZIP 49854 — Manistique
The market in 49854 is characterized by low inventory and modest price points typical of rural Michigan. Activity is driven by local demand and seasonal interest in the Upper Peninsula. Data is limited due to the low volume of transactions in this geography.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 12 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 13.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49854
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from data.census.gov for ZCTA 49854
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.