Current Price

$101,496

1 Month Forecast

â–² $116,750

1-Year Forecast *

â–² $127,583

5-Year Forecast *

â–² $157,001

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bessemer" area is 157,001 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +54.69% meaning that investing 100000 USD today may yield a profit of 54,686 USD by 2031.

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: 2026-2032

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: $127,583* (upside of 25.7%)

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 $42,549 $46,749 $42,549 $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 127,583 USD in one year.

Is it profitable to invest in Bessemer homes?

Yes. The long-term profit potential is +25.70% 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 144,778 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 194,760 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 decreased, 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 decreased by 10.750% to 101,496 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 26.103% in 2021
  • 25.793% in 2022
  • 24.523% in 2023
  • 25.993% in 2024
  • 27.623% in 2025
  • 25.293% in 2026

Based on our Bessemer real estate market research and report the predicted sales prices will increase by 885.025% in the next 10 years.

Over the last 12 months, the value of homes in Bessemer fluctuated: increasing 3 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 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 116750 107060 126441
September 2025 117877 108801 126954
October 2025 119015 108780 129250
November 2025 120164 112113 128215
December 2025 121195 110166 132224
Bessemer Housing Market Forecast with Real Estate Prices for 2026
January 2026 121636 109837 133435
February 2026 122459 114132 130787
March 2026 123321 115305 131337
April 2026 123959 114166 133752
May 2026 125156 114768 135543
June 2026 126364 119414 133314
July 2026 127583 115463 139704
August 2026 128815 120957 136673
September 2026 129189 118208 140170
October 2026 129374 120447 138301
November 2026 128632 121943 135321
December 2026 127899 120353 135445
Bessemer Housing Market Forecast with Real Estate Prices for 2027
January 2027 127293 120164 134421
February 2027 127050 117394 136706
March 2027 126981 120632 133330
April 2027 126168 114687 137650
May 2027 125361 118216 132507
June 2027 124560 115342 133777
July 2027 123763 114604 132921
August 2027 123638 112881 134394
September 2027 124170 112622 135718
October 2027 125369 112957 137780
November 2027 126579 117718 135439
December 2027 127801 117065 138536
Bessemer Housing Market Forecast with Real Estate Prices for 2028
January 2028 128658 119395 137922
February 2028 129281 120231 138331
March 2028 130459 122892 138026
April 2028 130597 121978 139217
May 2028 131507 119145 143868
June 2028 132433 120647 144220
July 2028 133712 126892 140531
August 2028 135002 124472 145532
September 2028 136305 125674 146937
October 2028 137621 126611 148631
November 2028 138949 128528 149371
December 2028 140282 126955 153609
Bessemer Housing Market Forecast with Real Estate Prices for 2029
January 2029 140835 132244 149426
February 2029 141167 127756 154578
March 2029 141660 129336 153985
April 2029 141912 129850 153975
May 2029 143282 128954 157610
June 2029 143955 134167 153744
July 2029 144778 131603 157953
August 2029 146049 132466 159631
September 2029 147087 139733 154442
October 2029 147434 139473 155396
November 2029 147214 136467 157961
December 2029 148635 136447 160823
Bessemer Housing Market Forecast with Real Estate Prices for 2030
January 2030 150070 140015 160124
February 2030 151518 141063 161973
March 2030 152981 140742 165219
April 2030 154293 144419 164168
May 2030 154855 139524 170186
June 2030 155903 147173 164634
July 2030 157001 142399 171602
August 2030 157812 148344 167281
September 2030 159336 144836 173835
October 2030 160874 145269 176478
November 2030 162426 146671 178182
December 2030 163994 149235 178754
Bessemer Housing Market Forecast with Real Estate Prices for 2031
January 2031 164471 153451 175490
February 2031 164706 149059 180353
March 2031 163761 147876 179646
April 2031 162828 146708 178948
May 2031 162056 147795 176317
June 2031 161747 151719 171776
July 2031 161659 149858 173460
August 2031 160625 151630 169620
September 2031 159598 146032 173163
October 2031 158577 144146 173007
November 2031 157563 148581 166544
December 2031 157403 143709 171097
Bessemer Housing Market Forecast with Real Estate Prices for 2032
January 2032 158081 146857 169305
February 2032 159607 150988 168226
March 2032 161148 149545 172750
April 2032 162703 150988 174418
May 2032 163795 148398 179192
June 2032 164588 151421 177755
July 2032 166087 156122 176053

> 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.