Home prices
The median home in Ishpeming costs $86,400. Compared to nearby areas this is approximately $41,620 (32%) lower.Compared to the rest of the nation it is approximately $131,100 (60%) lower, and compared to the city of Marquette is approximately $100,900 (53%) lower.
Rents
The median monthly rent in Ishpeming is $512. Compared to the surrounding areas it is about $210 (29%) lower.Compared to the entire nation it is roughly $550 (51%) lower, and it is approximately $283 (35%) lower compared to the city of Marquette.
Nearby places
West Ishpeming
West Ishpeming is Ishpeming's neighbor to the west. Its housing prices are somewhat more expensive. The median home cost in West Ishpeming is $122,500, which comes out to $36,100 (29%) higher than Ishpeming. Rents there are a bit more expensive. West Ishpeming's median rent is $721 a month, which comes out to $209 (28%) higher than Ishpeming.
Negaunee
Negaunee is Ishpeming's neighbor to the east. Its real estate prices are somewhat more expensive. The median home price in Negaunee is $116,700, which comes out to $30,300 (25%) higher than Ishpeming. Rents there are a little more expensive. The median rent in Negaunee is $639 per month, which works out to $127 (19%) higher than Ishpeming.
Palmer
Palmer is approximately 4 miles southeast of Ishpeming. Its real estate prices are a lot less expensive. The median home price in Palmer is $62,900, which works out to $23,500 (37%) lower than Ishpeming. Rent there is somewhat more expensive. Palmer's median monthly rent is $625, which works out to $113 (18%) higher than Ishpeming.
Trowbridge Park
Trowbridge Park is about 9 miles northeast of Ishpeming. Real estate prices there are a lot more expensive. The median home price in Trowbridge Park is $163,600, which is $77,200 (47%) higher than Ishpeming. Rent there is a lot more expensive. The median monthly rent in Trowbridge Park is $961, which comes out to $449 (46%) higher than Ishpeming.
Harvey
Harvey is approximately 12 miles east of Ishpeming. Housing prices there are significantly more expensive. The median home in Harvey is valued at $174,400, which is $88,000 (50%) higher than Ishpeming. Rent there is a bit more expensive. In Harvey the median rent is $666 a month, which works out to $154 (23%) higher than Ishpeming.
