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Today: September 23, 2025

Current Price

$101,496

1 Month Forecast

$116,851

1-Year Forecast *

$129,969

5-Year Forecast *

$162,488

"Is it a good time to buy homes in Bessemer?" "Does investing in real estate in Bessemer (Michigan State, Gogebic County) worth it?" According to our live Forecast System, buying a house in Bessemer is a very good short-term (1-year) investment*. The Bessemer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Bessemer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Bessemer in Michigan State, Gogebic County. If you are looking for homes for sale with good flipping profit, Bessemer can be a profitable property investment option. The median price of an average house in Bessemer was 101,496 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bessemer" area is 162,488 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +60.09% meaning that investing 100000 USD today may yield a profit of 60,093 USD by 2030.

Current Median Listing Price: 101,496 USD Median Listing Price Per Square Foot: 56 USD

Bessemer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Bessemer (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Bessemer Price Target

Bessemer median home price target in 12 months: $129,969* (upside of 28.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $112,546 $115,634 $112,546 $115,807
2024 $92,250 $101,496 $92,250 $101,496
2023 $86,992 $91,612 $85,609 $91,612
2022 $84,381 $87,800 $84,381 $90,108
2021 $72,308 $83,042 $72,308 $83,042
2020 $56,469 $70,229 $56,469 $70,229
2019 $54,459 $56,460 $54,459 $56,460
2018 $50,569 $54,161 $50,374 $54,161
2017 $50,064 $50,054 $47,060 $50,064
2016 $50,804 $50,073 $49,954 $52,874
2015 $51,753 $50,712 $47,833 $51,832
2014 $50,554 $51,106 $48,624 $51,106
2013 $48,150 $50,655 $48,150 $52,928
2012 $42,316 $46,749 $42,316 $46,749

Questions & Answers about the Bessemer Housing Market Forecast

How much does an average home cost in Bessemer today?

The value of an average home (the listing price) in Bessemer is $101,496 USD.

What is the average price per square foot in Bessemer?

According to Walletinvestor the median price per square foot in Bessemer is 56 USD.

Will the median listing price of homes in Bessemer grow / rise / go up?

Yes. The Bessemer home prices may rise from 101,496 USD to 129,969 USD in one year.

Is it profitable to invest in Bessemer homes?

Yes. The long-term profit potential is +28.05% in one year.

Will Bessemer house prices fall / drop?

No. See above.

What is the predicted price of a Bessemer home in 2030?

The predicted home sales price of a Bessemer home in 2030 in Bessemer is 162,488 USD.

What is the predicted price of a Bessemer home in 2035?

The predicted home sales price of a Bessemer home in 2035 in Bessemer is 228,326 USD.

Will real estate prices decrease in Bessemer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bessemer is the 11623. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Gogebic, Bessemer increased, looking at the past 12 months.

According to Walletinvestor's Bessemer real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.765% to 101,496 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 29.603% in 2020
  • 26.393% in 2021
  • 29.193% in 2022
  • 28.133% in 2023
  • 29.573% in 2024
  • 26.513% in 2025

Based on our Bessemer real estate market research and report the predicted sales prices will increase by 1,085.523% in the next 10 years.

Over the last 12 months, the value of homes in Bessemer fluctuated: increasing 9 times and decreasing 1 times.

Bessemer (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Bessemer Housing Market Forecast with Real Estate Prices for 2025
August 2025 116851 109723 123979
September 2025 118081 110642 125520
October 2025 119323 109658 128989
November 2025 120579 110692 130467
December 2025 121848 113562 130134
Bessemer Housing Market Forecast with Real Estate Prices for 2026
January 2026 123130 115743 130518
February 2026 124426 113103 135749
March 2026 125736 117689 133783
April 2026 127059 118292 135826
May 2026 128396 121976 134816
June 2026 129498 121857 137138
July 2026 129969 122561 137377
August 2026 130849 120381 141317
September 2026 131770 119779 143761
October 2026 132451 124769 140133
November 2026 133845 126216 141474
December 2026 135254 125245 145262
Bessemer Housing Market Forecast with Real Estate Prices for 2027
January 2027 136677 128066 145288
February 2027 138115 124856 151374
March 2027 138516 125773 151260
April 2027 138715 128172 149257
May 2027 137919 127575 148263
June 2027 137134 129454 144813
July 2027 136483 122971 149995
August 2027 136223 124099 148347
September 2027 136149 123351 148947
October 2027 135288 124600 145976
November 2027 134433 125560 143305
December 2027 133583 123831 143335
Bessemer Housing Market Forecast with Real Estate Prices for 2028
January 2028 132739 119730 145747
February 2028 132604 121863 143345
March 2028 133176 122388 143963
April 2028 134577 123811 145343
May 2028 135993 127426 144561
June 2028 137424 125743 149106
July 2028 138347 129769 146924
August 2028 139016 127756 150277
September 2028 140283 132848 147718
October 2028 140432 130180 150683
November 2028 141409 134056 148763
December 2028 142406 134574 150238
Bessemer Housing Market Forecast with Real Estate Prices for 2029
January 2029 143905 131241 156568
February 2029 145419 131604 159234
March 2029 146949 132695 161203
April 2029 148496 134983 162009
May 2029 150059 135353 164764
June 2029 151497 139681 163314
July 2029 152095 142209 161981
August 2029 152453 144526 160381
September 2029 152986 138606 167367
October 2029 153258 141304 165212
November 2029 154871 143256 166486
December 2029 155599 144240 166958
Bessemer Housing Market Forecast with Real Estate Prices for 2030
January 2030 156488 148664 164312
February 2030 157861 144917 170806
March 2030 158984 145152 172816
April 2030 159359 144698 174020
May 2030 159121 145118 173124
June 2030 160796 151630 169961
July 2030 162488 151764 173212
August 2030 164198 148106 180289
September 2030 165926 155804 176047
October 2030 167672 156941 178403
November 2030 169436 159779 179094
December 2030 171220 156152 186287
Bessemer Housing Market Forecast with Real Estate Prices for 2031
January 2031 173021 162121 183922
February 2031 174842 164876 184808
March 2031 176682 166965 186400
April 2031 178198 168576 187821
May 2031 178847 169368 188326
June 2031 180057 164753 195362
July 2031 181325 163736 198913
August 2031 182262 169869 194656
September 2031 184180 169262 199099
October 2031 186119 174021 198216
November 2031 188077 170398 205757
December 2031 190057 177893 202220
Bessemer Housing Market Forecast with Real Estate Prices for 2032
January 2032 190609 179172 202045
February 2032 190881 174084 207679
March 2032 189787 177261 202313
April 2032 188706 175119 202292
May 2032 187811 173913 201709
June 2032 187453 172831 202074
July 2032 187350 174798 199903
August 2032 186166 173879 198453
September 2032 184989 166675 203303
October 2032 183820 166173 201467
November 2032 182658 170603 194713
December 2032 182473 164773 200173
Bessemer Housing Market Forecast with Real Estate Prices for 2033
January 2033 183259 169698 196820
February 2033 185188 167965 202410
March 2033 187137 168423 205850
April 2033 189106 170763 207449
May 2033 190375 174193 206557
June 2033 191297 176375 206218
July 2033 193040 178948 207131

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.