Similar to the surrounding areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Marquette, it is significantly less expensive.
Home prices
The median home in Negaunee is valued at $116,700. It is approximately $5,260 (4%) lower in comparison to the surrounding areas.Compared to the nation as a whole it is roughly $100,800 (46%) lower, and compared to the city of Marquette is roughly $70,600 (37%) lower.
Rents
The median rent in Negaunee is $639 per month. It is roughly $58 (8%) lower in comparison to its surrounding areas.Compared to the country as a whole it is about $423 (39%) lower, and is about $156 (19%) lower compared to the city of Marquette.
Nearby places
Ishpeming
Ishpeming is Negaunee's neighbor to the west. Its housing prices are a lot less expensive. The median home price in Ishpeming is $86,400, which is $30,300 (35%) lower than Negaunee. Rent there is a little less expensive. The median rent in Ishpeming is $512 per month, which is $127 (24%) lower than Negaunee.
Palmer
Palmer is about 3 miles south of Negaunee. Its real estate prices are a lot less expensive. Palmer's median home value is $62,900, which comes out to $53,800 (85%) lower than Negaunee. Its rents are fairly similar. In Palmer the median rent is $625 a month, which is $14 (2%) lower than Negaunee.
West Ishpeming
West Ishpeming is roughly 4 miles west from Negaunee. Real estate prices there are similar. The median home in West Ishpeming is valued at $122,500, which comes out to $5,800 (4%) higher than Negaunee. Its rents are somewhat more expensive. In West Ishpeming the median rent is $721 per month, which is $82 (11%) higher than Negaunee.
Trowbridge Park
Trowbridge Park is about 7 miles northeast of Negaunee. The real estate prices there are a bit more expensive. The median home in Trowbridge Park costs $163,600, which is $46,900 (28%) higher than Negaunee. Its rents are significantly more expensive. Trowbridge Park's median rent is $961 a month, which is $322 (33%) higher than Negaunee.
Harvey
Harvey is roughly 9 miles east of Negaunee. The real estate prices there are substantially more expensive. Harvey's median home cost is $174,400, which works out to $57,700 (33%) higher than Negaunee. Its rents are pretty similar. Harvey's median rent is $666 a month, which is $27 (4%) higher than Negaunee.
