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Gogebic County, MI home prices

Gogebic County, MI: the typical home is worth $129,417 as of 2026-05, up +5.3% over the past year and n/a since 2000. Listings run about $122/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Gogebic County is cooling and undervalued — very affordable for what people here earn.

Momentum+5.3%Cooling
Valuation-29%Undervalued
Affordability10/10Very affordable
Market39 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1992: $42,867 → 2026: $129,417 (3.0×) pre-2000 estimated via FHFA index

Typical value$129,4172026-05
1-year+5.3%
5-year+31.1%
10-year+63.2%
Since 2000n/a
Population14k2024
Median income$48,0432023 · 2.7× income
New homes/yr302024
Price / sq ft$122listings
Days on market392026-06
Active listings842026-06
Price cuts17%of listings

Market read

At $129,417, homes in Gogebic County sit 43% below the Michigan median ($228,626) and 45% below the US median ($233,954). That ranks #83 of 83 Michigan counties by price.

Prices are holding steady (+5.3% in the last year) — a balanced market.

Homes here move at a steady pace — a median 39 days on the market, with 17% of listings cutting their asking price.

At 2.7× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~29% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Iron County, WI ($218,136) · Vilas County, WI ($404,461) · Ontonagon County, MI ($131,349) · Ashland County, WI ($190,823) · Oneida County, WI ($319,431) · Price County, WI ($215,155)

Frequently asked questions

What is the average home price in Gogebic County, MI?
The typical home in Gogebic County is worth $129,417 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Gogebic County rising or falling?
Prices are up +5.3% over the past year and n/a since 2000 — a balanced market.
Is Gogebic County affordable?
At 2.7× the local median income of $48,043, Gogebic County is more affordable than the typical US county.
How fast do homes sell in Gogebic County?
Homes here take a median of 39 days to sell, with 17% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$69,581
2013$77,824
2014$77,375
2015$77,138
2016$76,994
2017$71,007
2018$68,860
2019$73,501
2020$75,215
2021$91,048
2022$106,980
2023$110,719
2024$113,668
2025$122,414
2026$123,828