House Prices

House Prices & Home Values Painesdale, MI 2026


Average Data

average house price$184,690
average size per house1469 ft²
average price per ft²126 $ / ft²

04/22/2026 - The value range (VR) for house prices in Painesdale, MI is $164/ sqft to $164/ sqft. An average home with 1469 sqft costs approximately $240,916 to $240,916. Painesdale, MI includes 1 ZIP codes and it is located in Houghton county. The lowest prices are found in ZIP 49955, while the highest are in ZIP 49955. The average price per sqare feet is $126. Our analysis is based on 19 property listings.

Avergage prices by ZIP codes Painesdale

49955155 $ / ft²




Historical development of home values in Painesdale

Year Estimated value (USD) Change vs. 2025
2010 $85,773 -53.6%
2011 $82,457 -55.4%
2012 $82,235 -55.5%
2013 $85,308 -53.8%
2014 $89,550 -51.5%
2015 $94,146 -49.0%
2016 $99,059 -46.4%
2017 $104,406 -43.5%
2018 $110,178 -40.3%
2019 $115,287 -37.6%
2020 $121,247 -34.4%
2021 $137,905 -25.3%
2022 $160,766 -13.0%
2023 $169,535 -8.2%
2024 $179,343 -2.9%
2025 $184,690 0.0%

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



Example: 100% financing house in Painesdale

Loan amount: $184,690

Interest rate: 6.00%

Fixed monthly payment: $1,107.31

Breakdown in the 1st month:
Interest portion: $923.45  –  Principal portion: $183.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,019.70 $2,268.01 $182,421.99
2 $10,879.82 $2,407.90 $180,014.08
3 $10,731.30 $2,556.42 $177,457.67
4 $10,573.63 $2,714.09 $174,743.58
5 $10,406.23 $2,881.49 $171,862.09
6 $10,228.51 $3,059.21 $168,802.88
7 $10,039.82 $3,247.90 $165,554.98
8 $9,839.50 $3,448.22 $162,106.76
9 $9,626.82 $3,660.90 $158,445.86
10 $9,401.02 $3,886.70 $154,559.17
11 $9,161.30 $4,126.42 $150,432.75
12 $8,906.79 $4,380.93 $146,051.82
13 $8,636.59 $4,651.13 $141,400.69
14 $8,349.71 $4,938.00 $136,462.68
15 $8,045.15 $5,242.57 $131,220.11
16 $7,721.80 $5,565.92 $125,654.19
17 $7,378.50 $5,909.21 $119,744.98
18 $7,014.04 $6,273.68 $113,471.29
19 $6,627.09 $6,660.63 $106,810.67
20 $6,216.28 $7,071.44 $99,739.22
21 $5,780.13 $7,507.59 $92,231.63
22 $5,317.07 $7,970.64 $84,260.99
23 $4,825.46 $8,462.26 $75,798.73
24 $4,303.53 $8,984.19 $66,814.54
25 $3,749.40 $9,538.32 $57,276.22
26 $3,161.10 $10,126.62 $47,149.61
27 $2,536.51 $10,751.21 $36,398.40
28 $1,873.40 $11,414.32 $24,984.08
29 $1,169.39 $12,118.33 $12,865.76
30 $421.96 $12,865.76 $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 Painesdale, MI


1500 sqft3900 sqft
Ø selling price$228,691$486,487
Ø fast selling$207,901$437,838
Ø high price sale$249,481$535,135

In 2026, houses in Painesdale, MI will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 21.67% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Painesdale, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.


Explore Painesdale, Michigan

Painesdale, Michigan is a historic mining community in Adams Township, Houghton County, on the Keweenaw Peninsula of the Upper Peninsula.
Known for its preserved industrial landscape, the town offers a window into the copper boom that shaped the region.

History & Heritage

Developed by the Copper Range Company in the early 1900s, Painesdale grew as a planned company town serving the Champion Mine.
The Painesdale Mine & Shaft, especially the Champion No. 4 shaft house, stands as a landmark that interprets the engineering and labor history of copper mining.
Historic streets, simple miners? houses, and remaining railroad elements hint at the community?s tight-knit past and evolving identity.

Nature & Recreation

Set amid forests and rolling ridges, Painesdale gives easy access to snowmobile and ski trails, Lake Superior shorelines, and four-season outdoor adventures.
Autumn color drives, silent-sport routes, and nearby waterfalls make it a scenic base for Upper Peninsula exploration.

Community & Living

Today the area blends heritage tourism with small-town life, anchored by local schools like Jeffers High School and community events that celebrate copper country traditions.
Local eateries, craft businesses, and museums in neighboring towns such as South Range and Houghton round out services for residents and visitors.
Whether you come for history, outdoor recreation, or quiet rural charm, Painesdale, MI delivers an authentic Copper Country experience.



FAQ – Home Values in Painesdale

What is the median home value in Painesdale in 2026?

In 2026, the typical home value in Painesdale is about $184,690 for an average home size of 1469 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Painesdale?

In 2026, homes in Painesdale sell for an average of around $126 per square foot, with a typical range between $164 and $164 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 Painesdale is about 1469 square feet, with an estimated 2026 value around $184,690.



Locations close to Painesdale, MI

Pelkie, MI131 $ / ft²
Ramsay, MI86 $ / ft²
Rockland, MI30 $ / ft²
Ontonagon, MI151 $ / ft²
Nisula, MI65 $ / ft²
Mohawk, MI165 $ / ft²
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