Is Rumely, MI 49826 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Rumely is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Rumely housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Alger County, MI

Population	214
Median income	$61,107
Average income	$54,692
Median home value	$335,700
Owner-occupied	100% of homes
Median year built	1993

Natural hazard riskHail (relatively high), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49826; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49826

Prefilled for 49826Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49826Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Au Train 49806Buyer’s market $335 /sq ft Chatham 49816Seller’s market $291 /sq ft Deerton 49822Seller’s market $173 /sq ft Eben Junction 49825 — /sq ft Browse all markets →

Where Rumely is

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Questions about Rumely real estate

What are property taxes in Rumely?

About 0.94% of a home’s value a year in Alger County, or roughly $3,760 on a $400,000 home.

Local agents

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More tools for 49826

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Alger County property taxes Alger County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology