ZIP 49861

ZIP 49861 is in the Marquette, MI market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 2.3%.

Median IRR

: 2.1%.

Median list price

: $349,450.

Appreciation

: 3.9%/yr .

Rent growth

: 3.3%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 49861

21745 Birch Dr, Michigamme, MI 49861 $344,900· 3 bd· 1 ba
137 Brown Rd, Michigamme, MI $899,000· 3 bd· 2 ba
26597 N Fence Lake Rd, Michigamme, MI $1,250,000· 4 bd· 3 ba
112 W Railroad St, Michigamme, MI 49861 $30,000· 2 bd· 1 ba
Ramsey Is, Michigamme, MI 49861 $2,299,000· 4 bd· 2 ba
33 Tan Rd, Michigamme, MI 49861 $795,000· 3 bd· 2.5 ba
25048 George Lake Rd, Michigamme, MI 49861 $250,000· 3 bd· 1 ba
26173 Tamarack St, Michigamme, MI 49861 $495,000· 3 bd· 2 ba
28278 E Fence Lake Rd, Michigamme, MI $1,595,000· 4 bd· 3 ba
279 Black Rd, Michigamme, MI 49861 $1,550,000· 6 bd· 3.5 ba
19495 S Nestoria Rd, Michigamme, MI 49861 $575,000· 4 bd· 0 ba