House Prices

House Prices & Home Values Mc Millan, MI 2026


Average Data

average house price$377,450
average size per house1908 ft²
average price per ft²198 $ / ft²

04/18/2026 - The value range (VR) for house prices in Mc Millan, MI is $198/ sqft to $198/ sqft. An average home with 1908 sqft costs approximately $377,784 to $377,784. Mc Millan, MI includes 1 ZIP codes and it is located in Luce county. The lowest prices are found in ZIP 49853, while the highest are in ZIP 49853. The average price per sqare feet is $198. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Mc Millan

49853180 $ / ft²




Historical development of home values in Mc Millan

Year Estimated value (USD) Change vs. 2025
2010 $175,295 -53.6%
2011 $168,516 -55.4%
2012 $168,062 -55.5%
2013 $174,344 -53.8%
2014 $183,013 -51.5%
2015 $192,406 -49.0%
2016 $202,447 -46.4%
2017 $213,374 -43.5%
2018 $225,170 -40.3%
2019 $235,611 -37.6%
2020 $247,791 -34.4%
2021 $281,836 -25.3%
2022 $328,557 -13.0%
2023 $346,479 -8.2%
2024 $366,523 -2.9%
2025 $377,450 0.0%

Graph: estimated home values in Mc Millan over time (USD)



Example: 100% financing house in Mc Millan

Loan amount: $377,450

Interest rate: 6.00%

Fixed monthly payment: $2,263.00

Breakdown in the 1st month:
Interest portion: $1,887.25  –  Principal portion: $375.75

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,520.91 $4,635.13 $372,814.87
2 $22,235.03 $4,921.01 $367,893.85
3 $21,931.51 $5,224.53 $362,669.32
4 $21,609.27 $5,546.77 $357,122.55
5 $21,267.16 $5,888.88 $351,233.67
6 $20,903.95 $6,252.10 $344,981.57
7 $20,518.33 $6,637.71 $338,343.86
8 $20,108.93 $7,047.11 $331,296.75
9 $19,674.28 $7,481.76 $323,814.99
10 $19,212.82 $7,943.22 $315,871.77
11 $18,722.90 $8,433.14 $307,438.63
12 $18,202.76 $8,953.28 $298,485.35
13 $17,650.54 $9,505.50 $288,979.85
14 $17,064.27 $10,091.78 $278,888.08
15 $16,441.83 $10,714.21 $268,173.86
16 $15,781.00 $11,375.04 $256,798.82
17 $15,079.41 $12,076.63 $244,722.19
18 $14,334.55 $12,821.49 $231,900.70
19 $13,543.75 $13,612.29 $218,288.41
20 $12,704.17 $14,451.87 $203,836.54
21 $11,812.81 $15,343.23 $188,493.31
22 $10,866.48 $16,289.57 $172,203.74
23 $9,861.77 $17,294.27 $154,909.47
24 $8,795.10 $18,360.94 $136,548.53
25 $7,662.64 $19,493.41 $117,055.12
26 $6,460.33 $20,695.72 $96,359.41
27 $5,183.86 $21,972.18 $74,387.22
28 $3,828.66 $23,327.38 $51,059.84
29 $2,389.88 $24,766.16 $26,293.68
30 $862.36 $26,293.68 $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 Mc Millan, MI


1500 sqft3900 sqft
Ø selling price$359,370$764,479
Ø fast selling$326,700$688,031
Ø high price sale$392,041$840,926

In 2026, houses in Mc Millan, MI will be offered at an average price of $198 per square foot. A 1,500 sqft home priced at $359,370 is 20.84% more expensive per square foot than a 3,900 sqft home priced at $764,479. Home prices in Mc Millan, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $529,254. Sellers who can wait longer may achieve a higher price of up to $646,866.


Discover Mc Millan, MI

Overview

Mc Millan, MI (often styled McMillan) is a quiet unincorporated community in Luce County in Michigan?s Upper Peninsula.
Set along M-28 west of Newberry, it offers easy access to forests, lakes, and small-town hospitality.

Nature and Outdoor Recreation

Visitors come for year-round outdoor recreation, including fishing on nearby East Lake and the Manistique Lakes area.
Miles of trails support hiking, birding, ATV riding, and legendary Upper Peninsula snowmobiling when winter snow arrives.
Anglers, paddlers, and photographers appreciate calm waters, abundant wildlife, and striking sunsets.

Nearby Attractions

Within an easy drive are bucket-list destinations like Tahquamenon Falls State Park and the Seney National Wildlife Refuge.
Day trips to Pictured Rocks National Lakeshore or Whitefish Point offer dramatic Lake Superior scenery and maritime history.
In autumn, vibrant fall color tours around Mc Millan, MI showcase maples, birch, and expansive mixed forests.

Plan Your Visit

Travelers will find rustic cabins, local eateries, and seasonal events that reflect the Upper Peninsula?s friendly, down-to-earth character.
Whether you are planning a weekend getaway or scouting real estate near Newberry and the Manistique Lakes, Mc Millan, MI delivers a peaceful base close to unforgettable adventures.



FAQ – Home Values in Mc Millan

What is the median home value in Mc Millan in 2026?

In 2026, the typical home value in Mc Millan is about $377,450 for an average home size of 1908 square feet. This corresponds to an average price of roughly $198 per square foot.

What is the average cost per square foot in Mc Millan?

In 2026, homes in Mc Millan sell for an average of around $198 per square foot, with a typical range between $198 and $198 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 Mc Millan is about 1908 square feet, with an estimated 2026 value around $377,450.



Locations close to Mc Millan, MI

Manistique, MI57 $ / ft²
Marquette, MI204 $ / ft²
Menominee, MI93 $ / ft²
Loretto, MI104 $ / ft²
Ishpeming, MI91 $ / ft²
Ingalls, MI161 $ / ft²
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