Current Price

$166,228

1 Month Forecast

â–² $185,823

1-Year Forecast *

â–² $197,485

5-Year Forecast *

â–² $247,059

"Is it a good time to buy homes in Ishpeming?" "Does investing in real estate in Ishpeming (Michigan State, Marquette County) worth it?" According to our live Forecast System, buying a house in Ishpeming is a good short-term (1-year) investment*. The Ishpeming average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ishpeming" 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 Ishpeming in Michigan State, Marquette County. If you are looking for homes for sale with good flipping profit, Ishpeming can be a profitable property investment option. The median price of an average house in Ishpeming was 166,228 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ishpeming" area is 247,059 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +48.63% meaning that investing 100000 USD today may yield a profit of 48,626 USD by 2031.

Current Median Listing Price: 166,228 USD Median Listing Price Per Square Foot: 92 USD

Ishpeming 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.

Ishpeming (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.

Ishpeming Price Target

Ishpeming median home price target in 12 months: $197,485* (upside of 18.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $177,126 $184,630 $177,126 $184,630
2024 $157,557 $166,228 $157,557 $166,228
2023 $150,488 $156,580 $150,488 $156,580
2022 $135,148 $150,528 $135,148 $150,528
2021 $117,685 $133,130 $117,685 $133,130
2020 $107,648 $116,226 $107,648 $116,226
2019 $101,643 $107,585 $101,643 $107,690
2018 $96,732 $101,534 $96,732 $101,534
2017 $94,033 $96,295 $93,796 $96,295
2016 $93,324 $93,614 $93,324 $94,521
2015 $91,284 $92,732 $90,510 $92,732
2014 $95,670 $91,905 $91,905 $96,052
2013 $94,479 $96,349 $94,479 $97,953
2012 $89,150 $93,873 $89,150 $93,873

Questions & Answers about the Ishpeming Housing Market Forecast

How much does an average home cost in Ishpeming today?

The value of an average home (the listing price) in Ishpeming is $166,228 USD.

What is the average price per square foot in Ishpeming?

According to Walletinvestor the median price per square foot in Ishpeming is 92 USD.

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

Yes. The Ishpeming home prices may rise from 166,228 USD to 197,485 USD in one year.

Is it profitable to invest in Ishpeming homes?

Yes. The long-term profit potential is +18.80% in one year.

Will Ishpeming house prices fall / drop?

No. See above.

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

The predicted home sales price of a Ishpeming home in 2030 in Ishpeming is 231,468 USD.

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

The predicted home sales price of a Ishpeming home in 2035 in Ishpeming is 312,174 USD.

Will real estate prices decrease in Ishpeming?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Ishpeming is the 4714. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Marquette, Ishpeming decreased, looking at the past 12 months.

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

Median home values decreased by 7.516% to 166,228 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 20.084% in 2021
  • 18.774% in 2022
  • 20.044% in 2023
  • 18.224% in 2024
  • 19.814% in 2025
  • 19.794% in 2026

Based on our Ishpeming real estate market research and report the predicted sales prices will increase by 460.138% in the next 10 years.

Over the last 12 months, the value of homes in Ishpeming fluctuated: increasing 4 times .

Ishpeming (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
Ishpeming Housing Market Forecast with Real Estate Prices for 2025
August 2025 185823 167426 204219
September 2025 187023 172249 201798
October 2025 188232 174114 202349
November 2025 189448 172777 206119
December 2025 190234 171971 208496
Ishpeming Housing Market Forecast with Real Estate Prices for 2026
January 2026 190518 175467 205568
February 2026 191227 172487 209967
March 2026 192463 173986 210939
April 2026 193706 175110 212302
May 2026 194958 178581 211334
June 2026 196217 176988 215447
July 2026 197485 186821 208149
August 2026 198761 180674 216848
September 2026 200045 186042 214048
October 2026 201338 190465 212210
November 2026 202387 184577 220197
December 2026 202876 186443 219309
Ishpeming Housing Market Forecast with Real Estate Prices for 2027
January 2027 203346 187282 219411
February 2027 204290 190602 217977
March 2027 205560 191582 219538
April 2027 206657 189711 223602
May 2027 206603 187182 226023
June 2027 206991 191881 222101
July 2027 207168 192873 221462
August 2027 207946 191934 223958
September 2027 208886 196980 220793
October 2027 210236 194468 226004
November 2027 211594 191916 231272
December 2027 212701 199088 226314
Ishpeming Housing Market Forecast with Real Estate Prices for 2028
January 2028 212795 198112 227478
February 2028 212832 194316 231348
March 2028 213267 201111 225423
April 2028 214124 195281 232967
May 2028 215461 204041 226880
June 2028 216725 199604 233847
July 2028 218126 196313 239938
August 2028 219535 206143 232927
September 2028 220762 209503 232021
October 2028 221372 201670 241074
November 2028 221892 201256 242528
December 2028 222763 202492 243034
Ishpeming Housing Market Forecast with Real Estate Prices for 2029
January 2029 223654 204196 243112
February 2029 224624 211596 237652
March 2029 225581 203474 247688
April 2029 227038 206832 247245
May 2029 228505 210453 246557
June 2029 229982 217333 242631
July 2029 231468 218506 244430
August 2029 232963 218287 247640
September 2029 234033 214608 253458
October 2029 235482 220176 250789
November 2029 237004 217096 256912
December 2029 238535 225416 251655
Ishpeming Housing Market Forecast with Real Estate Prices for 2030
January 2030 240076 218950 261203
February 2030 241628 219881 263374
March 2030 243189 222031 264346
April 2030 244198 230278 258117
May 2030 244562 232334 256790
June 2030 245472 227308 263637
July 2030 247059 225811 268306
August 2030 248655 228762 268547
September 2030 250261 234745 265778
October 2030 251878 227194 276562
November 2030 253506 239309 267702
December 2030 255144 239070 271218
Ishpeming Housing Market Forecast with Real Estate Prices for 2031
January 2031 256792 239074 274511
February 2031 258451 238551 278352
March 2031 259799 237196 282401
April 2031 260426 242197 278656
May 2031 261030 244063 277997
June 2031 262241 236017 288465
July 2031 263871 248039 279703
August 2031 265279 240343 290215
September 2031 265210 240545 289874
October 2031 265708 242857 288559
November 2031 265935 246522 285348
December 2031 266935 240508 293361
Ishpeming Housing Market Forecast with Real Estate Prices for 2032
January 2032 268141 253662 282621
February 2032 269874 242886 296861
March 2032 271617 250703 292532
April 2032 273038 251195 294881
May 2032 273159 250760 295558
June 2032 273206 256541 289872
July 2032 273765 257065 290465

> 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.