House Prices

House Prices & Home Values Drummond Island, MI 2026


Average Data

average house price$234,950
average size per house1619 ft²
average price per ft²146 $ / ft²

06/09/2026 - The value range (VR) for house prices in Drummond Island, MI is $145/ sqft to $145/ sqft. An average home with 1619 sqft costs approximately $234,755 to $234,755. Drummond Island, MI includes 1 ZIP codes and it is located in Chippewa county. The lowest prices are found in ZIP 49726, while the highest are in ZIP 49726. The average price per sqare feet is $146. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Drummond Island

49726137 $ / ft²




Historical development of home values in Drummond Island

Year Estimated value (USD) Change vs. 2025
2010 $109,115 -53.6%
2011 $104,896 -55.4%
2012 $104,613 -55.5%
2013 $108,523 -53.8%
2014 $113,920 -51.5%
2015 $119,766 -49.0%
2016 $126,017 -46.4%
2017 $132,818 -43.5%
2018 $140,161 -40.3%
2019 $146,660 -37.6%
2020 $154,242 -34.4%
2021 $175,433 -25.3%
2022 $204,516 -13.0%
2023 $215,671 -8.2%
2024 $228,148 -2.9%
2025 $234,950 0.0%

Graph: estimated home values in Drummond Island over time (USD)



Example: 100% financing house in Drummond Island

Loan amount: $234,950

Interest rate: 6.00%

Fixed monthly payment: $1,408.64

Breakdown in the 1st month:
Interest portion: $1,174.75  –  Principal portion: $233.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,018.51 $2,885.21 $232,064.79
2 $13,840.56 $3,063.17 $229,001.62
3 $13,651.63 $3,252.10 $225,749.52
4 $13,451.05 $3,452.68 $222,296.84
5 $13,238.10 $3,665.63 $218,631.21
6 $13,012.01 $3,891.72 $214,739.49
7 $12,771.97 $4,131.75 $210,607.74
8 $12,517.14 $4,386.59 $206,221.15
9 $12,246.58 $4,657.15 $201,564.00
10 $11,959.34 $4,944.39 $196,619.61
11 $11,654.38 $5,249.35 $191,370.26
12 $11,330.61 $5,573.12 $185,797.15
13 $10,986.87 $5,916.85 $179,880.29
14 $10,621.93 $6,281.79 $173,598.50
15 $10,234.49 $6,669.24 $166,929.26
16 $9,823.14 $7,080.58 $159,848.68
17 $9,386.43 $7,517.30 $152,331.38
18 $8,922.78 $7,980.95 $144,350.43
19 $8,430.53 $8,473.20 $135,877.23
20 $7,907.92 $8,995.81 $126,881.43
21 $7,353.08 $9,550.65 $117,330.78
22 $6,764.02 $10,139.71 $107,191.07
23 $6,138.62 $10,765.10 $96,425.96
24 $5,474.65 $11,429.07 $84,996.89
25 $4,769.73 $12,133.99 $72,862.90
26 $4,021.34 $12,882.39 $59,980.51
27 $3,226.78 $13,676.95 $46,303.56
28 $2,383.21 $14,520.51 $31,783.05
29 $1,487.62 $15,416.11 $16,366.94
30 $536.79 $16,366.94 $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 Drummond Island, MI


1500 sqft3900 sqft
Ø selling price$264,991$563,706
Ø fast selling$240,901$507,336
Ø high price sale$289,080$620,077

In 2026, houses in Drummond Island, MI will be offered at an average price of $146 per square foot. A 1,500 sqft home priced at $264,991 is 21.60% more expensive per square foot than a 3,900 sqft home priced at $563,706. Home prices in Drummond Island, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $390,259. Sellers who can wait longer may achieve a higher price of up to $476,983.

FAQ – Home Values in Drummond Island

What is the median home value in Drummond Island in 2026?

In 2026, the typical home value in Drummond Island is about $234,950 for an average home size of 1619 square feet. This corresponds to an average price of roughly $146 per square foot.

What is the average cost per square foot in Drummond Island?

In 2026, homes in Drummond Island sell for an average of around $146 per square foot, with a typical range between $145 and $145 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 Drummond Island is about 1619 square feet, with an estimated 2026 value around $234,950.



Locations close to Drummond Island, MI

East Jordan, MI142 $ / ft²
Eckerman, MI117 $ / ft²
Ellsworth, MI270 $ / ft²
De Tour Village, MI129 $ / ft²
Dafter, MI113 $ / ft²
Conway, MI80 $ / ft²
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