Checked
Ishpeming, MI Home Values and Rents
The typical home value in Ishpeming is $201,417, 384th highest of 442 cities and towns in Michigan. Median rent is $733 a month.
- Typical home value
- $201,417
- 384th of 442 in MI
- Median rent
- $733/mo
- ACS 2020-2024
- Price change, 1 year
- +8.4%
- Sep 2026
- Homeownership
- 69.8%
- MI: 73.2%
Typical home value in Ishpeming
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Ishpeming |
|---|---|
| Sep 2026 | $201,417 |
| Dec 2025 | $188,479 |
| Dec 2024 | $173,185 |
| Dec 2023 | $163,133 |
| Dec 2022 | $156,827 |
| Dec 2021 | $138,701 |
| Dec 2020 | $121,090 |
| Dec 2019 | $112,087 |
| Dec 2018 | $105,783 |
| Dec 2017 | $100,325 |
| Dec 2016 | $97,532 |
| Dec 2015 | $96,613 |
| Dec 2014 | $95,751 |
| Dec 2013 | $100,381 |
| Dec 2012 | $97,802 |
Over five years, Ishpeming prices changed +48.9%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 49849 | $152,100 | $770 | +11.9% | +85.3% |
Fair Market Rents, FY2027
HUD rent standard for Marquette County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $835 | +6.5% |
| 1 bedroom | $1,012 | +4.0% |
| 2 bedrooms | $1,199 | +5.5% |
| 3 bedrooms | $1,429 | +4.8% |
| 4 bedrooms | $1,696 | +1.9% |
Frequently asked questions
- What is the typical home value in Ishpeming, MI?
- The typical home value in Ishpeming is $201,417 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Ishpeming?
- The median rent in Ishpeming is $733 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,199.
- Are home prices going up in Ishpeming?
- The typical home value in Ishpeming changed +8.4% over one year and +48.9% over five years, as of Sep 2026.
- How does Ishpeming compare with the rest of Michigan?
- Ishpeming has the 384th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.
- Which ZIP code in Ishpeming has the highest home values?
- ZIP code 49849 has the highest median home value at $152,100.