Marquette, MI Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Marquette, MI is a hot market right now.

  • Prices are rising rapidly at 7.4% year-over-year — expect competition.
  • Price-to-rent ratio: 13.1 — buying is likely more cost-effective than renting.

Median Home Value

$236,090

ZHVI

Year-over-Year

+7.4%

Price change

5-Year Change

+46.4%

Since 2021

Median Rent

$1,498/mo

ZORI

Active Listings

140

For sale

State Avg

$254,230

Michigan

Home Value Trends

5-year Zillow Home Value Index for Marquette, MI vs. state and national averages.

Rent Data

Median Rent

$1,498/mo

Rent YoY Change

+5.3%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.