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MI area data

Chassell, MI

Chassell, MI.

Population: 2,865 (Census ACS)

Home values & appreciation

Median home value
$290,938
1-year appreciation
+13.0%
3-year appreciation
+21.1%
5-year appreciation
+39.4%
10-year appreciation
+83.7%
All-time peak (2026-07)
$290,938
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$281,500
Median list price
$406,500
Median days on market
202 days
Sale-to-list ratio
97.9%
Active listings
14
1-year forecast
+2.2%
New listings (monthly)
9

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
40.0°F
Average high
50.0°F
Average low
30.0°F
Annual precipitation
33.2 in

Walkability & transit

Walkability index
4.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Keweenaw National Historical Park (14 mi)
Nearest airport
Pike River Landing (2 mi)
Nearest major airport
Houghton County Memorial Airport (CMX) (14 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
-179 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$2,086
Households with broadband internet
71.5%

Employment & development

Total county employment
8,778
Average weekly wage
$882
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
103

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents