House Prices

House Prices & Home Values Gaastra, MI 2026


Average Data

average house price$130,967
average size per house1774 ft²
average price per ft²74 $ / ft²

04/21/2026 - The value range (VR) for house prices in Gaastra, MI is $74/ sqft to $74/ sqft. An average home with 1774 sqft costs approximately $131,276 to $131,276. Gaastra, MI includes 1 ZIP codes and it is located in Iron county. The lowest prices are found in ZIP 49927, while the highest are in ZIP 49927. The average price per sqare feet is $74. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Gaastra

4992773 $ / ft²




Historical development of home values in Gaastra

Year Estimated value (USD) Change vs. 2025
2010 $60,823 -53.6%
2011 $58,471 -55.4%
2012 $58,314 -55.5%
2013 $60,494 -53.8%
2014 $63,502 -51.5%
2015 $66,761 -49.0%
2016 $70,245 -46.4%
2017 $74,036 -43.5%
2018 $78,129 -40.3%
2019 $81,752 -37.6%
2020 $85,978 -34.4%
2021 $97,791 -25.3%
2022 $114,002 -13.0%
2023 $120,221 -8.2%
2024 $127,176 -2.9%
2025 $130,967 0.0%

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



Example: 100% financing house in Gaastra

Loan amount: $130,967

Interest rate: 6.00%

Fixed monthly payment: $785.21

Breakdown in the 1st month:
Interest portion: $654.84  –  Principal portion: $130.38

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,814.27 $1,608.29 $129,358.71
2 $7,715.07 $1,707.49 $127,651.22
3 $7,609.76 $1,812.80 $125,838.42
4 $7,497.95 $1,924.61 $123,913.81
5 $7,379.24 $2,043.32 $121,870.50
6 $7,253.22 $2,169.34 $119,701.16
7 $7,119.42 $2,303.14 $117,398.01
8 $6,977.36 $2,445.20 $114,952.82
9 $6,826.55 $2,596.01 $112,356.81
10 $6,666.43 $2,756.13 $109,600.68
11 $6,496.44 $2,926.12 $106,674.57
12 $6,315.97 $3,106.59 $103,567.97
13 $6,124.36 $3,298.20 $100,269.77
14 $5,920.93 $3,501.63 $96,768.14
15 $5,704.96 $3,717.60 $93,050.54
16 $5,475.67 $3,946.89 $89,103.65
17 $5,232.23 $4,190.33 $84,913.32
18 $4,973.78 $4,448.78 $80,464.53
19 $4,699.39 $4,723.17 $75,741.36
20 $4,408.07 $5,014.49 $70,726.88
21 $4,098.79 $5,323.77 $65,403.11
22 $3,770.43 $5,652.13 $59,750.98
23 $3,421.82 $6,000.74 $53,750.24
24 $3,051.71 $6,370.85 $47,379.39
25 $2,658.77 $6,763.79 $40,615.60
26 $2,241.59 $7,180.97 $33,434.63
27 $1,798.69 $7,623.87 $25,810.76
28 $1,328.46 $8,094.10 $17,716.66
29 $829.24 $8,593.32 $9,123.34
30 $299.22 $9,123.34 $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 Gaastra, MI


1500 sqft3900 sqft
Ø selling price$134,311$285,714
Ø fast selling$122,101$257,143
Ø high price sale$146,520$314,286

In 2026, houses in Gaastra, MI will be offered at an average price of $74 per square foot. A 1,500 sqft home priced at $134,311 is 22.38% more expensive per square foot than a 3,900 sqft home priced at $285,714. Home prices in Gaastra, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $197,803. Sellers who can wait longer may achieve a higher price of up to $241,759.


Guide to Gaastra, MI

Overview

Located in Michigan?s Upper Peninsula, Gaastra, MI is a small city in Iron County with deep mining roots.
This quiet community near Iron River blends historic character with easy access to vast Northwoods landscapes.

Outdoors & Things to Do

Outdoor enthusiasts find year-round things to do, from hiking and paddling nearby lakes in summer to snowmobiling and cross-country skiing in winter.
Ski Brule, Ottawa National Forest, and miles of ATV trails sit within a short drive, making Gaastra Michigan a smart basecamp.
Local parks and serene backroads create photogenic routes for birding, leaf-peeping, and sunrise drives.

History & Community

Gaastra?s heritage reflects the region?s iron-mining era, visible in historic sites, community pride, and seasonal festivals.
Small-town hospitality thrives here, with family-run restaurants, antique finds, and churches anchoring neighborhood life.

Living, Stays & Travel Tips

Homebuyers appreciate affordable real estate, abundant space, and a slower pace without sacrificing broadband or essential services.
Visitors can choose cozy cabins, motels, and vacation rentals, then explore day trips to Iron River, Crystal Falls, and Lake Superior shores.
For trip planning, check weather forecasts, pack for changing conditions, and follow county trail updates for the best Gaastra MI experience.



FAQ – Home Values in Gaastra

What is the median home value in Gaastra in 2026?

In 2026, the typical home value in Gaastra is about $130,967 for an average home size of 1774 square feet. This corresponds to an average price of roughly $74 per square foot.

What is the average cost per square foot in Gaastra?

In 2026, homes in Gaastra sell for an average of around $74 per square foot, with a typical range between $74 and $74 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 Gaastra is about 1774 square feet, with an estimated 2026 value around $130,967.



Locations close to Gaastra, MI

Greenland, MI141 $ / ft²
Hancock, MI107 $ / ft²
Houghton, MI192 $ / ft²
Ewen, MI115 $ / ft²
Dollar Bay, MI129 $ / ft²
Dodgeville, MI77 $ / ft²
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