Is Atlantic Mine, MI 49905 a buyer’s or seller’s market?
Atlantic Mine is a seller’s market. With about 2.8 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Atlantic Mine housing market right now
In the three months ending August 31, 2026, 38% of homes in Atlantic Mine, MI 49905 sold above their list price, the typical home went under contract in 51 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold about as fast and the median sale price fell 24% to $189,418. Overall, Atlantic Mine is more competitive than a year ago, so tougher for buyers.
Within Houghton County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at Trout Creek 49967 (0% sold over asking) or Toivola 49965 (0% sold over asking), while Hubbell 49934 (67% sold over asking) and Dodgeville 49921 (50% sold over asking) are even more competitive.
Run the numbers for 49905
Nearby markets
Calumet 49913Buyer’s market $97 /sq ftChassell 49916Balanced $226 /sq ftDodgeville 49921Seller’s market $167 /sq ftDollar Bay 49922Seller’s market $153 /sq ft Browse all markets →Towns like Atlantic Mine nearby
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Questions about Atlantic Mine real estate
Is Atlantic Mine a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Atlantic Mine, MI 49905 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Atlantic Mine?
The typical home went under contract in 51 days in the latest three months.
Do homes in Atlantic Mine sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Atlantic Mine?
About 1.16% of a home’s value a year in Houghton County, or roughly $4,640 on a $400,000 home.
What is the median home price in Atlantic Mine?
The median sale price was $189,418 in the three months ending August 31, 2026, about $122 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology