Is Calumet, MI 49913 a buyer’s or seller’s market?

The Calumet housing market right now

In the three months ending August 31, 2026, 10% of homes in Calumet, MI 49913 sold above their list price, the typical home went under contract in 67 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (64 days then) and the median sale price rose 6% to $169,926. Overall, Calumet is less competitive than a year ago, which gives buyers more room.

Within Houghton County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Calumet ranks #498 of 510 MI ZIP codes with enough sales (score 15 out of 100).

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.