49858 — Menominee County, Michigan Market Snapshot
Housing market data for zip code 49858 in Menominee County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
39 sales in 2026 (year to date)
Median Sale Price
$170,000
Days to Sell
67
Homes Sold
39
Inventory
35
Sale-to-List
101.1%
New Listings
38
Price/SqFt
$120
Pending Sales
50
Conforming Loan Available
Most homebuyers in 49858 can comfortably use conventional financing. The median home price of $170,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 67 days on average, 49858 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 49858 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 49858 can comfortably use conventional financing. The median home price of $170,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49858 are set at the county level.
2026 Loan Limits — Menominee County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49858
To purchase the median home at $170,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,452.
Monthly Payment
$1,452
Income Required
$62,250
Principal & Interest
$1,047/mo
Down Payment (5%)
$8,500
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49858.
Estimated Monthly Payment
$1,202
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