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Median Home Price in Ishpeming, MI

The median home value in Ishpeming, MI is $201,500 as of 2026-08-31, up 8.48% from a year earlier.

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Median Home Value

$201,500

Year-over-Year

+8.48%

Population

6,195

Home value history

The typical home value increased by 4.3%, from $193,266 in May 2026 to $201,500 in Aug 2026.

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Ishpeming, MI monthly home value history
Month	Typical home value	Year-over-year change
May 2026	$193,266	+8.4%
Jun 2026	$199,928	+8.7%
Jul 2026	$200,104	+8.6%
Aug 2026	$201,500	+8.5%

Ishpeming ranks #100 of 131 Michigan cities tracked here by median home value, and sits 22.6% below the state's city median of $260,312. It sits in Marquette County, where the county-wide median is $263,637.

Housing affordability in Ishpeming

Median household income in Ishpeming is $52,754, so the typical home value is about 3.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Ishpeming

Ishpeming police recorded a violent crime rate of 194 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 888 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Ishpeming

What is the average home price in Ishpeming, MI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Ishpeming, that value is $201,500. That's up 8.48% from a year earlier. It is about 22.6% below the typical Michigan city tracked here.

Is Ishpeming expensive compared to the surrounding area?

Homes in Ishpeming are cheaper than Marquette County as a whole, where the median is $263,637 — a difference of about 23.6%.

Is Ishpeming affordable?

Median household income here is $52,754, so the typical home value is about 3.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Ishpeming a safe place to live?

Ishpeming police reported 194 violent crimes per 100,000 residents, covering a population of about 6,195. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.