House Prices

House Prices & Home Values Watersmeet, MI 2026


Average Data

average house price$699,000
average size per house2400 ft²
average price per ft²292 $ / ft²

04/22/2026 - The value range (VR) for house prices in Watersmeet, MI is $291/ sqft to $291/ sqft. An average home with 2400 sqft costs approximately $698,400 to $698,400. Watersmeet, MI includes 1 ZIP codes and it is located in Gogebic county. The lowest prices are found in ZIP 49969, while the highest are in ZIP 49969. The average price per sqare feet is $292. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Watersmeet

49969311 $ / ft²




Historical development of home values in Watersmeet

Year Estimated value (USD) Change vs. 2025
2010 $324,628 -53.6%
2011 $312,075 -55.4%
2012 $311,235 -55.5%
2013 $322,868 -53.8%
2014 $338,922 -51.5%
2015 $356,317 -49.0%
2016 $374,912 -46.4%
2017 $395,147 -43.5%
2018 $416,993 -40.3%
2019 $436,329 -37.6%
2020 $458,885 -34.4%
2021 $521,932 -25.3%
2022 $608,455 -13.0%
2023 $641,644 -8.2%
2024 $678,764 -2.9%
2025 $699,000 0.0%

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



Example: 100% financing house in Watersmeet

Loan amount: $699,000

Interest rate: 6.00%

Fixed monthly payment: $4,190.86

Breakdown in the 1st month:
Interest portion: $3,495.00  –  Principal portion: $695.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $41,706.50 $8,583.80 $690,416.20
2 $41,177.07 $9,113.23 $681,302.97
3 $40,614.98 $9,675.32 $671,627.65
4 $40,018.23 $10,272.07 $661,355.58
5 $39,384.67 $10,905.63 $650,449.95
6 $38,712.04 $11,578.26 $638,871.69
7 $37,997.91 $12,292.38 $626,579.31
8 $37,239.75 $13,050.55 $613,528.76
9 $36,434.82 $13,855.48 $599,673.27
10 $35,580.24 $14,710.06 $584,963.22
11 $34,672.96 $15,617.34 $569,345.88
12 $33,709.71 $16,580.58 $552,765.29
13 $32,687.06 $17,603.24 $535,162.05
14 $31,601.33 $18,688.97 $516,473.09
15 $30,448.64 $19,841.66 $496,631.42
16 $29,224.85 $21,065.45 $475,565.97
17 $27,925.57 $22,364.72 $453,201.25
18 $26,546.17 $23,744.13 $429,457.11
19 $25,081.68 $25,208.62 $404,248.50
20 $23,526.87 $26,763.43 $377,485.07
21 $21,876.16 $28,414.14 $349,070.93
22 $20,123.64 $30,166.66 $318,904.27
23 $18,263.02 $32,027.27 $286,876.99
24 $16,287.65 $34,002.65 $252,874.34
25 $14,190.44 $36,099.86 $216,774.49
26 $11,963.88 $38,326.42 $178,448.07
27 $9,599.99 $40,690.31 $137,757.77
28 $7,090.30 $43,199.99 $94,557.77
29 $4,425.82 $45,864.48 $48,693.30
30 $1,597.00 $48,693.30 $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 Watersmeet, MI


1500 sqft3900 sqft
Ø selling price$529,981$1,127,412
Ø fast selling$481,801$1,014,671
Ø high price sale$578,160$1,240,154

In 2026, houses in Watersmeet, MI will be offered at an average price of $292 per square foot. A 1,500 sqft home priced at $529,981 is 24.56% more expensive per square foot than a 3,900 sqft home priced at $1,127,412. Home prices in Watersmeet, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $780,517. Sellers who can wait longer may achieve a higher price of up to $953,965.

FAQ – Home Values in Watersmeet

What is the median home value in Watersmeet in 2026?

In 2026, the typical home value in Watersmeet is about $699,000 for an average home size of 2400 square feet. This corresponds to an average price of roughly $292 per square foot.

What is the average cost per square foot in Watersmeet?

In 2026, homes in Watersmeet sell for an average of around $292 per square foot, with a typical range between $291 and $291 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 Watersmeet is about 2400 square feet, with an estimated 2026 value around $699,000.



Locations close to Watersmeet, MI

Watton, MI138 $ / ft²
White Pine, MI214 $ / ft²
Wakefield, MI126 $ / ft²
Trout Creek, MI81 $ / ft²
Toivola, MI95 $ / ft²
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