House Prices

House Prices & Home Values Pelkie, MI 2026


Average Data

average house price$171,758
average size per house1360 ft²
average price per ft²127 $ / ft²

04/22/2026 - The value range (VR) for house prices in Pelkie, MI is $121/ sqft to $121/ sqft. An average home with 1360 sqft costs approximately $164,560 to $164,560. Pelkie, MI includes 1 ZIP codes and it is located in Houghton county. The lowest prices are found in ZIP 49958, while the highest are in ZIP 49958. The average price per sqare feet is $127. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Pelkie

49958131 $ / ft²




Historical development of home values in Pelkie

Year Estimated value (USD) Change vs. 2025
2010 $79,768 -53.6%
2011 $76,683 -55.4%
2012 $76,476 -55.5%
2013 $79,335 -53.8%
2014 $83,280 -51.5%
2015 $87,554 -49.0%
2016 $92,123 -46.4%
2017 $97,095 -43.5%
2018 $102,463 -40.3%
2019 $107,214 -37.6%
2020 $112,757 -34.4%
2021 $128,249 -25.3%
2022 $149,509 -13.0%
2023 $157,665 -8.2%
2024 $166,786 -2.9%
2025 $171,758 0.0%

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



Example: 100% financing house in Pelkie

Loan amount: $171,758

Interest rate: 6.00%

Fixed monthly payment: $1,029.78

Breakdown in the 1st month:
Interest portion: $858.79  –  Principal portion: $170.99

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,248.10 $2,109.21 $169,648.79
2 $10,118.01 $2,239.30 $167,409.49
3 $9,979.90 $2,377.41 $165,032.08
4 $9,833.26 $2,524.05 $162,508.03
5 $9,677.59 $2,679.73 $159,828.30
6 $9,512.31 $2,845.01 $156,983.30
7 $9,336.83 $3,020.48 $153,962.82
8 $9,150.54 $3,206.78 $150,756.04
9 $8,952.75 $3,404.56 $147,351.48
10 $8,742.76 $3,614.55 $143,736.93
11 $8,519.83 $3,837.49 $139,899.44
12 $8,283.14 $4,074.17 $135,825.27
13 $8,031.85 $4,325.46 $131,499.81
14 $7,765.07 $4,592.25 $126,907.56
15 $7,481.83 $4,875.49 $122,032.07
16 $7,181.12 $5,176.19 $116,855.88
17 $6,861.86 $5,495.45 $111,360.43
18 $6,522.91 $5,834.40 $105,526.03
19 $6,163.06 $6,194.25 $99,331.78
20 $5,781.01 $6,576.30 $92,755.48
21 $5,375.40 $6,981.91 $85,773.57
22 $4,944.77 $7,412.54 $78,361.03
23 $4,487.58 $7,869.73 $70,491.30
24 $4,002.20 $8,355.12 $62,136.18
25 $3,486.87 $8,870.44 $53,265.74
26 $2,939.76 $9,417.55 $43,848.19
27 $2,358.91 $9,998.41 $33,849.78
28 $1,742.23 $10,615.09 $23,234.70
29 $1,087.51 $11,269.80 $11,964.90
30 $392.41 $11,964.90 $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 Pelkie, MI


1500 sqft3900 sqft
Ø selling price$230,506$490,348
Ø fast selling$209,551$441,313
Ø high price sale$251,461$539,382

In 2026, houses in Pelkie, MI will be offered at an average price of $127 per square foot. A 1,500 sqft home priced at $230,506 is 24.75% more expensive per square foot than a 3,900 sqft home priced at $490,348. Home prices in Pelkie, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $339,471. Sellers who can wait longer may achieve a higher price of up to $414,910.

FAQ – Home Values in Pelkie

What is the median home value in Pelkie in 2026?

In 2026, the typical home value in Pelkie is about $171,758 for an average home size of 1360 square feet. This corresponds to an average price of roughly $127 per square foot.

What is the average cost per square foot in Pelkie?

In 2026, homes in Pelkie sell for an average of around $127 per square foot, with a typical range between $121 and $121 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 Pelkie is about 1360 square feet, with an estimated 2026 value around $171,758.



Locations close to Pelkie, MI

Ramsay, MI86 $ / ft²
Rockland, MI30 $ / ft²
Sidnaw, MI281 $ / ft²
Painesdale, MI155 $ / ft²
Ontonagon, MI151 $ / ft²
Nisula, MI65 $ / ft²
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