House Prices

House Prices & Home Values Rumely, MI 2026


Average Data

average house price$204,691
average size per house2022 ft²
average price per ft²102 $ / ft²

04/18/2026 - The value range (VR) for house prices in Rumely, MI is $111/ sqft to $111/ sqft. An average home with 2022 sqft costs approximately $224,442 to $224,442. Rumely, MI includes 1 ZIP codes and it is located in Alger county. The lowest prices are found in ZIP 49826, while the highest are in ZIP 49826. The average price per sqare feet is $102. Our analysis is based on 21 property listings.

Avergage prices by ZIP codes Rumely

49826101 $ / ft²




Historical development of home values in Rumely

Year Estimated value (USD) Change vs. 2025
2010 $95,062 -53.6%
2011 $91,386 -55.4%
2012 $91,140 -55.5%
2013 $94,547 -53.8%
2014 $99,248 -51.5%
2015 $104,342 -49.0%
2016 $109,787 -46.4%
2017 $115,713 -43.5%
2018 $122,110 -40.3%
2019 $127,772 -37.6%
2020 $134,377 -34.4%
2021 $152,839 -25.3%
2022 $178,176 -13.0%
2023 $187,895 -8.2%
2024 $198,765 -2.9%
2025 $204,691 0.0%

Graph: estimated home values in Rumely over time (USD)



Example: 100% financing house in Rumely

Loan amount: $204,691

Interest rate: 6.00%

Fixed monthly payment: $1,227.23

Breakdown in the 1st month:
Interest portion: $1,023.46  –  Principal portion: $203.77

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,213.08 $2,513.63 $202,177.37
2 $12,058.05 $2,668.66 $199,508.71
3 $11,893.45 $2,833.26 $196,675.44
4 $11,718.70 $3,008.01 $193,667.43
5 $11,533.17 $3,193.54 $190,473.89
6 $11,336.20 $3,390.51 $187,083.38
7 $11,127.08 $3,599.63 $183,483.76
8 $10,905.07 $3,821.65 $179,662.11
9 $10,669.35 $4,057.36 $175,604.75
10 $10,419.11 $4,307.61 $171,297.15
11 $10,153.42 $4,573.29 $166,723.86
12 $9,871.35 $4,855.36 $161,868.50
13 $9,571.88 $5,154.83 $156,713.67
14 $9,253.95 $5,472.77 $151,240.90
15 $8,916.40 $5,810.31 $145,430.59
16 $8,558.03 $6,168.68 $139,261.91
17 $8,177.56 $6,549.15 $132,712.76
18 $7,773.62 $6,953.09 $125,759.67
19 $7,344.77 $7,381.94 $118,377.72
20 $6,889.47 $7,837.24 $110,540.48
21 $6,406.08 $8,320.63 $102,219.85
22 $5,892.89 $8,833.83 $93,386.03
23 $5,348.03 $9,378.68 $84,007.35
24 $4,769.58 $9,957.13 $74,050.22
25 $4,155.44 $10,571.27 $63,478.95
26 $3,503.43 $11,223.28 $52,255.67
27 $2,811.20 $11,915.51 $40,340.16
28 $2,076.28 $12,650.43 $27,689.74
29 $1,296.03 $13,430.68 $14,259.06
30 $467.66 $14,259.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Rumely, MI


1500 sqft3900 sqft
Ø selling price$185,131$393,823
Ø fast selling$168,300$354,440
Ø high price sale$201,961$433,205

In 2026, houses in Rumely, MI will be offered at an average price of $102 per square foot. A 1,500 sqft home priced at $185,131 is 20.75% more expensive per square foot than a 3,900 sqft home priced at $393,823. Home prices in Rumely, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $272,646. Sellers who can wait longer may achieve a higher price of up to $333,234.

FAQ – Home Values in Rumely

What is the median home value in Rumely in 2026?

In 2026, the typical home value in Rumely is about $204,691 for an average home size of 2022 square feet. This corresponds to an average price of roughly $102 per square foot.

What is the average cost per square foot in Rumely?

In 2026, homes in Rumely sell for an average of around $102 per square foot, with a typical range between $111 and $111 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Rumely is about 2022 square feet, with an estimated 2026 value around $204,691.



Locations close to Rumely, MI

Engadine, MI96 $ / ft²
Escanaba, MI53 $ / ft²
Felch, MI115 $ / ft²
Eben Junction, MI64 $ / ft²
Deerton, MI210 $ / ft²
Daggett, MI141 $ / ft²
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