Market Snapshot
Bessemer, Gogebic County, MI is a city market with a median home price of $103,075, a median monthly rent of $736, a GRM of 12.0x, and a price-to-rent ratio of 11.7.
Bessemer, Gogebic County, MI
Median Home Price Price
$103,075 $103.1K
Median Monthly Rent Rent
$736 $736
12.0x
Home price / annual rentLog in to save this market to your dashboard.
Comparable Markets
Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Gogebic
No same-county alternatives are available for this market yet.
Within MI
Investment mode
More markets to explore
High confidence
High confidence
Price
$117.2K
Rent
$979
GRM
10.0x
High confidence
High confidence
High confidence
High confidence
High confidence
Price
$84.3K
Rent
$1.2K
GRM
6.0x
High confidence
High confidence
Price
$117.2K
Rent
$979
GRM
10.0x
High confidence
High confidence
High confidence
High confidence
Price
$84.3K
Rent
$1.2K
GRM
6.0x
High confidence
High confidence
Price
$130.3K
Rent
$1.2K
GRM
9.0x
Explore the data
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
Chart loads when visible.
Monthly rent
Chart loads when visible.
GRM = home price / annual rent
Chart loads when visible.
Region
Show
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
Chart loads when visible.
Monthly rent
Chart loads when visible.
GRM = home price / annual rent
Chart loads when visible.
Region
Show
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
Chart loads when visible.
Monthly rent
Chart loads when visible.
GRM = home price / annual rent
Chart loads when visible.
Similar markets map
Bessemer
Map loads when visible.
Benchmark comparison
Compare Bessemer, MI to another market.
Compare to
Houghton Lake, MI
Bessemer, MI
Houghton Lake, MI
Delta
Median rent
$736
N/A
—
Median price
$103,075
N/A
—
YoY change
+$65
N/A
—
Price-to-rent
11.7x
Data unavailable
—
Key takeaways
- Bessemer, Gogebic County, MI has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
- Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
- Rent momentum is positive, with median rent up about $65 year over year.
- Next discovery step: compare Houghton Lake, Roscommon County, MI from the Within state set.