House Prices

House Prices & Home Values Ramsay, MI 2026


Average Data

average house price$119,000
average size per house1480 ft²
average price per ft²81 $ / ft²

04/22/2026 - The value range (VR) for house prices in Ramsay, MI is $80/ sqft to $80/ sqft. An average home with 1480 sqft costs approximately $118,400 to $118,400. Ramsay, MI includes 1 ZIP codes and it is located in Gogebic county. The lowest prices are found in ZIP 49959, while the highest are in ZIP 49959. The average price per sqare feet is $81. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Ramsay

4995986 $ / ft²




Historical development of home values in Ramsay

Year Estimated value (USD) Change vs. 2025
2010 $55,266 -53.6%
2011 $53,129 -55.4%
2012 $52,986 -55.5%
2013 $54,966 -53.8%
2014 $57,699 -51.5%
2015 $60,661 -49.0%
2016 $63,826 -46.4%
2017 $67,271 -43.5%
2018 $70,990 -40.3%
2019 $74,282 -37.6%
2020 $78,122 -34.4%
2021 $88,855 -25.3%
2022 $103,585 -13.0%
2023 $109,236 -8.2%
2024 $115,555 -2.9%
2025 $119,000 0.0%

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



Example: 100% financing house in Ramsay

Loan amount: $119,000

Interest rate: 6.00%

Fixed monthly payment: $713.47

Breakdown in the 1st month:
Interest portion: $595.00  –  Principal portion: $118.47

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,100.25 $1,461.33 $117,538.67
2 $7,010.12 $1,551.47 $115,987.20
3 $6,914.42 $1,647.16 $114,340.04
4 $6,812.83 $1,748.75 $112,591.29
5 $6,704.97 $1,856.61 $110,734.68
6 $6,590.46 $1,971.12 $108,763.56
7 $6,468.89 $2,092.69 $106,670.87
8 $6,339.81 $2,221.77 $104,449.10
9 $6,202.78 $2,358.80 $102,090.30
10 $6,057.29 $2,504.29 $99,586.01
11 $5,902.84 $2,658.75 $96,927.27
12 $5,738.85 $2,822.73 $94,104.53
13 $5,564.75 $2,996.83 $91,107.70
14 $5,379.91 $3,181.67 $87,926.03
15 $5,183.67 $3,377.91 $84,548.12
16 $4,975.33 $3,586.25 $80,961.87
17 $4,754.14 $3,807.44 $77,154.43
18 $4,519.30 $4,042.28 $73,112.16
19 $4,269.99 $4,291.60 $68,820.56
20 $4,005.29 $4,556.29 $64,264.27
21 $3,724.27 $4,837.31 $59,426.95
22 $3,425.91 $5,135.67 $54,291.28
23 $3,109.16 $5,452.43 $48,838.86
24 $2,772.86 $5,788.72 $43,050.14
25 $2,415.83 $6,145.76 $36,904.38
26 $2,036.77 $6,524.81 $30,379.57
27 $1,634.33 $6,927.25 $23,452.32
28 $1,207.08 $7,354.51 $16,097.82
29 $753.47 $7,808.12 $8,289.70
30 $271.88 $8,289.70 $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 Ramsay, MI


1500 sqft3900 sqft
Ø selling price$147,015$312,741
Ø fast selling$133,650$281,467
Ø high price sale$160,380$344,016

In 2026, houses in Ramsay, MI will be offered at an average price of $81 per square foot. A 1,500 sqft home priced at $147,015 is 24.63% more expensive per square foot than a 3,900 sqft home priced at $312,741. Home prices in Ramsay, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $216,514. Sellers who can wait longer may achieve a higher price of up to $264,628.


Discover Ramsay, MI

Ramsay, MI is a small unincorporated community in Bessemer Township, Gogebic County, in Michigan?s Upper Peninsula. Nestled along the Black River and forested hills, Ramsay Michigan offers a quiet base for exploring the western U.P.
Travelers appreciate its proximity to Ironwood, Bessemer, and scenic byways leading to Lake Superior and Black River Harbor.

Outdoor Recreation and Nature

Outdoor enthusiasts visit Ramsay, MI for four-season recreation including hiking, waterfall chasing, skiing, and snowmobiling. Nearby trails connect to the Gogebic Range and the Ottawa National Forest, delivering classic U.P. wildlife viewing and brilliant fall color.
In winter, the area benefits from reliable lake-effect snow and easy access to regional ski hills and groomed snowmobile routes.

History, Community, and Travel Tips

The community traces its roots to early lumber and mining activity, and today it retains a friendly, small-town feel. Local parks and a historic bridge over the Black River provide simple charms without the crowds.
Travelers seeking places to stay near Ramsay Michigan will find cabins, motels, and vacation rentals in nearby towns and along key highways. Whether you are planning a weekend getaway or mapping a U.P. road trip, Ramsay, MI delivers peaceful scenery, practical access, and authentic Northwoods character.



FAQ – Home Values in Ramsay

What is the median home value in Ramsay in 2026?

In 2026, the typical home value in Ramsay is about $119,000 for an average home size of 1480 square feet. This corresponds to an average price of roughly $81 per square foot.

What is the average cost per square foot in Ramsay?

In 2026, homes in Ramsay sell for an average of around $81 per square foot, with a typical range between $80 and $80 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 Ramsay is about 1480 square feet, with an estimated 2026 value around $119,000.



Locations close to Ramsay, MI

Rockland, MI30 $ / ft²
Sidnaw, MI281 $ / ft²
Skanee, MI161 $ / ft²
Pelkie, MI131 $ / ft²
Painesdale, MI155 $ / ft²
Ontonagon, MI151 $ / ft²
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