Is Baraga, MI 49908 a buyer’s or seller’s market?
Baraga is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Baraga housing market right now
In the three months ending August 31, 2026, 67% of homes in Baraga, MI 49908 sold above their list price, the typical home went under contract in 67 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 more slowly (35 days then) and the median sale price rose 12% to $174,924. Overall, Baraga is more competitive than a year ago, so tougher for buyers.
Within Baraga County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Watton 49970 (0% sold over asking) or Covington 49919 (0% sold over asking).
Run the numbers for 49908
Nearby markets
Covington 49919Seller’s market $297 /sq ftLanse 49946Buyer’s market $206 /sq ftMichigamme 49861Buyer’s market $275 /sq ftSkanee 49962Buyer’s market $235 /sq ft Browse all markets →Towns like Baraga nearby
Find towns like Baraga in other states →Where Baraga is
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Questions about Baraga real estate
Is Baraga a buyer’s or seller’s market?
A buyer’s market: there were 11.7 months of supply in Baraga, MI 49908 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 Baraga?
The typical home went under contract in 67 days in the latest three months.
Do homes in Baraga sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 103.4% of the list price.
What are property taxes in Baraga?
About 1.22% of a home’s value a year in Baraga County, or roughly $4,880 on a $400,000 home.
What is the median home price in Baraga?
The median sale price was $174,924 in the three months ending August 31, 2026, about $126 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