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Today: September 23, 2025

Current Price

$134,398

1 Month Forecast

$155,806

1-Year Forecast *

$168,325

5-Year Forecast *

$184,255

"Is it a good time to buy homes in Pelkie?" "Does investing in real estate in Pelkie (Michigan State, Houghton County) worth it?" According to our live Forecast System, buying a house in Pelkie is a very good short-term (1-year) investment*. The Pelkie average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Pelkie" 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 Pelkie in Michigan State, Houghton County. If you are looking for homes for sale with good flipping profit, Pelkie can be a profitable property investment option. The median price of an average house in Pelkie was 134,398 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Pelkie" area is 184,255 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +37.10% meaning that investing 100000 USD today may yield a profit of 37,096 USD by 2030.

Current Median Listing Price: 134,398 USD Median Listing Price Per Square Foot: 75 USD

Pelkie 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.

Pelkie (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.

Pelkie Price Target

Pelkie median home price target in 12 months: $168,325* (upside of 25.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $154,285 $153,792 $153,792 $160,874
2024 $134,156 $134,398 $132,850 $136,792
2023 $138,882 $136,036 $136,036 $148,711
2022 $120,734 $136,480 $120,734 $136,663
2021 $113,526 $117,003 $113,526 $120,423
2020 $107,258 $112,534 $102,541 $112,534
2019 $119,359 $108,167 $108,167 $119,359
2018 $0 $119,071 $0 $121,810
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Pelkie Housing Market Forecast

How much does an average home cost in Pelkie today?

The value of an average home (the listing price) in Pelkie is $134,398 USD.

What is the average price per square foot in Pelkie?

According to Walletinvestor the median price per square foot in Pelkie is 75 USD.

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

Yes. The Pelkie home prices may rise from 134,398 USD to 168,325 USD in one year.

Is it profitable to invest in Pelkie homes?

Yes. The long-term profit potential is +25.24% in one year.

Will Pelkie house prices fall / drop?

No. See above.

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

The predicted home sales price of a Pelkie home in 2030 in Pelkie is 184,255 USD.

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

The predicted home sales price of a Pelkie home in 2035 in Pelkie is 219,036 USD.

Will real estate prices decrease in Pelkie?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Pelkie is the 18818. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Houghton, Pelkie decreased, looking at the past 12 months.

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

Median home values decreased by 1.061% to 134,398 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 24.584% in 2020
  • 24.074% in 2021
  • 25.284% in 2022
  • 23.994% in 2023
  • 24.894% in 2024
  • 24.624% in 2025

Based on our Pelkie real estate market research and report the predicted sales prices will increase by 849.630% in the next 10 years.

Over the last 12 months, the value of homes in Pelkie fluctuated: increasing 5 times and decreasing 5 times.

Pelkie (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
Pelkie Housing Market Forecast with Real Estate Prices for 2025
August 2025 155806 145367 166245
September 2025 157847 145692 170001
October 2025 159345 146119 172570
November 2025 160749 150462 171037
December 2025 162189 152944 171434
Pelkie Housing Market Forecast with Real Estate Prices for 2026
January 2026 163829 152688 174969
February 2026 165137 148789 181486
March 2026 166570 153911 179229
April 2026 168752 153733 183771
May 2026 170165 155701 184629
June 2026 170090 155462 184718
July 2026 168325 154690 181959
August 2026 166578 155417 177738
September 2026 165841 154563 177118
October 2026 166813 155803 177823
November 2026 168998 157168 180828
December 2026 171211 158542 183881
Pelkie Housing Market Forecast with Real Estate Prices for 2027
January 2027 173454 159404 187503
February 2027 175726 162546 188905
March 2027 177143 160492 193795
April 2027 177851 160422 195281
May 2027 177986 163035 192937
June 2027 179160 167515 190806
July 2027 179728 163552 195903
August 2027 179929 170033 189825
September 2027 179339 169296 189382
October 2027 179689 164235 195142
November 2027 182042 172212 191872
December 2027 184426 171701 197152
Pelkie Housing Market Forecast with Real Estate Prices for 2028
January 2028 186842 171147 202537
February 2028 189289 172253 206325
March 2028 191076 176554 205597
April 2028 190157 178178 202137
May 2028 188184 173317 203050
June 2028 186231 173194 199267
July 2028 184345 170151 198540
August 2028 183035 167111 198960
September 2028 181136 170630 191642
October 2028 179256 161868 196643
November 2028 177395 166929 187861
December 2028 175668 163371 187964
Pelkie Housing Market Forecast with Real Estate Prices for 2029
January 2029 176022 161060 190984
February 2029 177428 163411 191445
March 2029 178827 167561 190093
April 2029 179963 165566 194360
May 2029 180560 165574 195547
June 2029 180881 163155 198608
July 2029 179621 166867 192374
August 2029 178539 162828 194251
September 2029 177065 165201 188928
October 2029 177715 166696 188733
November 2029 180042 167079 193005
December 2029 182400 169268 195533
Pelkie Housing Market Forecast with Real Estate Prices for 2030
January 2030 184789 167419 202160
February 2030 185229 167077 203382
March 2030 183307 171575 195039
April 2030 181404 164171 198638
May 2030 179521 164442 194601
June 2030 181873 166595 197150
July 2030 184255 168409 200101
August 2030 186003 175215 196791
September 2030 187643 169442 205845
October 2030 189324 172663 205984
November 2030 191237 175747 206728
December 2030 192765 181392 204138
Pelkie Housing Market Forecast with Real Estate Prices for 2031
January 2031 194438 178494 210382
February 2031 196984 185953 208015
March 2031 198634 179367 217902
April 2031 198546 182266 214827
May 2031 196486 185483 207489
June 2031 194446 175779 213113
July 2031 193586 174227 212945
August 2031 194721 177002 212441
September 2031 197272 186027 208516
October 2031 199855 180070 219641
November 2031 202473 187490 217456
December 2031 205125 190766 219483
Pelkie Housing Market Forecast with Real Estate Prices for 2032
January 2032 206780 194373 219186
February 2032 207606 191620 223592
March 2032 207764 190935 224593
April 2032 209134 198050 220218
May 2032 209796 198258 221335
June 2032 210032 192179 227884
July 2032 209343 198457 220228
August 2032 209751 192761 226741
September 2032 212498 194011 230985
October 2032 215281 193968 236594
November 2032 218101 198908 237294
December 2032 220957 205048 236866
Pelkie Housing Market Forecast with Real Estate Prices for 2033
January 2033 223043 210552 235533
February 2033 221971 204879 239063
March 2033 219667 200337 238998
April 2033 217387 196953 237822
May 2033 215187 202276 228098
June 2033 213658 192292 235023
July 2033 211440 200868 222012

> 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.