Is Negaunee, MI 49866 a buyer’s or seller’s market?

The Negaunee housing market right now

In the three months ending August 31, 2026, 36% of homes in Negaunee, MI 49866 sold above their list price, the typical home went under contract in 54 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold more slowly (39 days then) and the median sale price held steady to $254,890. Overall, Negaunee is about as competitive as it was a year ago.

Within Marquette County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Negaunee ranks #275 of 510 MI ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Skandia 49885 (0% sold over asking) or Rock 49880 (0% sold over asking), while Republic 49879 (71% sold over asking) and Palmer 49871 (50% sold over asking) are even more competitive.