📍 Marenisco, MI · Zillow ZHVI · July 2026

Average Home Price in
Marenisco, MI

Gogebic County County

Median Home Value
$245,516
↑ 12.2% year-over-year
vs. National Median
$410,000
Marenisco is 40% below
Est. Monthly Payment
$1,280/mo
20% down · 6.8% rate
Income Needed
$65K
gross annual (30% rule)
Median Home Value
$245,516
↑ 12.2% year-over-year

Down Payment (20%)$49,103
Monthly P&I$1,280/mo
With Taxes & Ins.~$1,626/mo
Income Needed$65,040/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Marenisco, MI

The median home value in Marenisco, MI is $245,516 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.2% compared to a year ago and up 4.5% from two years prior.

Compared to the U.S. national median of $410,000, homes in Marenisco are priced40% below average.

Over the past five years, Marenisco home values have risen by approximately39.2%, reflecting strong long-term appreciation in this market.

City Comparison

Marenisco vs. National Median

🏠 Marenisco
$245,516
National Median
$410,000

At $245,516, homes in Marenisco cost 40% below the national median of $410,000. This makes Marenisco a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Marenisco?

20% Down Payment
$49,103
on $245,516
Monthly P&I
$1,280/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,626/mo
incl. taxes & insurance
Income Needed
$65,040
gross annual (30% rule)
10% Down Option
$24,552
+ PMI applies
Loan Amount (20% dn)
$196,413
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Marenisco, MI?
The median home value in Marenisco is $245,516 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.2% year-over-year.
How much have home prices changed in Marenisco?
Over the past year, home values in Marenisco have increased by 12.2%. Over five years, prices have risen approximately 39.2%.
How much do I need to earn to buy a home in Marenisco?
To comfortably afford the median home price of $245,516 with a 20% down payment ($49,103) at today's rates (6.8%), you'd need a gross annual income of approximately $65,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Marenisco compare to the national average home price?
The national median home value is approximately $410,000. At $245,516, homes in Marenisco are 40% below the national average.