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Negaunee, MI

Full City Profile · Michigan · Marquette County County

3.5 /5.0
B+ Good
4,641 Population 345/sq mi density
$70,483 Median Income $33,077 per capita
$156,400 Home Value $218,521 Zillow
$853 Median Rent 35.5% income on rent
40°F Avg Temperature 249 sunny days/yr
198 Violent Crime/100K 880 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,483 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$156,400 home value, $853/mo rent
F
Safety
1.0 / 5.0
198 violent crimes/100K
B+
Education
3.7 / 5.0
33.9% bachelor's degree or higher

Housing Overview

Median Home Value
$156,400
45% below
US avg: $281,900
Median Rent
$853/mo
27% below
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
2,092
Median year built: 1952

Home Value by Source

Census Median
$156,400
Zillow (ZHVI)
$218,521
Median Sale Price
$85,500
Median List Price
$264,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.2%
Owner-Occupied
21.8%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $853/mo

Market Indicators (Redfin)

Median Days on Market
201 days
Sale-to-List Ratio
0.7%
Buyers market
Homes Sold
2
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$54
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
78.2%

Complete Housing Data

Home Values

Census Median Value$156,400
Zillow Home Value (ZHVI)$218,521
Median Sale Price$85,500
Median List Price$264,900
Price Per Sq Ft$54

Rent

Census Median Rent$853
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market201
Sale-to-List Ratio0.7%
Price Drops50.0%
Homes Sold2
Active Inventory4
Price Per Sq Ft$54

Ownership & Stock

Owner-Occupied78.2%
Renter-Occupied21.8%
Homeownership Rate78.2%
Total Housing Units2,092
Median Year Built1952
Rent Burden35.5%