Markets/Michigan/Escanaba

Escanaba, MI Real Estate Market 2026

Investor-grade market analytics for Escanaba, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$203,882

+9.4% year-over-year

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

➡️
Neutral
3.5mo supply · Score 0/7

Migration: Top 41% nationally

Income Migration

📉 Wealth Drain0.84x

In-migrants avg $47,607 AGI vs out-migrants $56,840

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Opportunity Zone Market

3 ZIP codes in Escanaba are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Escanaba Market Summary

Escanaba, MI is experiencing strong growth with 9.4% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.72x, below the national average of 4.8x. Modest net positive migration (+35 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score90/100
Price-to-Income Ratio3.7x (national avg 4.8x)
Median Household Income$54,829

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Escanaba, MI's primary climate exposure is flooding (25/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Escanaba dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.