Marquette Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Marquette averaged 6.98% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 7% and one month ago for the week of 2025-03-06, the average rate was 6.89%.

Marquette's average rate one year ago was 7.18%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.92%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Marquette 30 Year Fixed Rate 2025-04-10 6.98%
Marquette 30 Year Fixed Rate Refi 2025-04-10 6.92%
Marquette 15 Year Fixed Rate 2025-04-10 5.92%
Marquette 15 Year Fixed Rate Refi 2025-04-10 6.22%
Marquette 30 Year FHA 2025-04-10 6.33%
Marquette 30 Year FHA Refi 2025-04-10 6.53%
Marquette 30 Year USDA 2025-04-10 6.25%
Marquette 30 Year USDA Refi 2025-04-10 6.35%
Marquette 30 Year VA 2025-04-10 6.09%
Marquette 30 Year VA Refi 2025-04-10 6.39%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marquette, MI.

Marquette Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Marquette, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
IncredibleBank 64 6.75% $2,957
Nicolet National Bank 48 6.99% $3,048
Honor Credit Union 34 6.79% $2,956
QUICKEN LOANS, LLC 27 6.79% $6,073
The Huntington National Bank 21 7.08% $4,252
UNITED WHOLESALE MORTGAGE, LLC 17 6.62% $5,660
Flagstar Bank, FSB 11 6.74% $3,031
MICHIGAN MUTUAL, INC. 9 6.93% $4,770
Mortgage Research Center, LLC 5 7.17% $4,718
LAKE MICHIGAN CREDIT UNION 4 6.56% $3,596
NEWREZ LLC 4 7.65% $3,658
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3 7.04% $5,004
Ally Bank 3 7.08% $3,812
Bank of America 2 5.94% $3,328
The Dart Bank 2 7.63% $5,231
NAVY FEDERAL CREDIT UNION 2 5.75% $8,520
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $4,660
NBKC BANK 2 7.31% $3,369
Preston Home Loans Inc 2 6.74% $5,073
LOANDEPOT.COM, LLC 2 6.94% $3,862
USAA Federal Savings Bank 2 7.06% $3,570
GUARANTEED RATE, INC. 2 6.55% $4,065
Paramount Residential Mortgage Group, Inc. 2 7.44% $2,867
Mercantile Bank of Michigan 2 6.50% $10,525
JPMorgan Chase Bank 2 6.50% $2,638
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.75% $8,123
Old National Bank 1 6.88% $3,132
PCM 1 6.63% $2,343
POINT Mortgage 1 7.38% $4,975
Prosperity Home Mortgage, LLC 1 5.88% $20,379
PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.88% $1,695
ROYAL UNITED MORTGAGE LLC 1 6.75% $10,991
RUOFF MORTGAGE COMPANY, INC. 1 6.63% $4,299
STAUNTON FINANCIAL, INC. 1 6.63% $3,079
SUCCESS MORTGAGE PARTNERS, INC. 1 7.50% $3,904
Summit Credit Union 1 5.75% $2,408
Sunflower Bank 1 7.13% $4,940
T2 FINANCIAL LLC 1 6.99% $3,388
The Federal Savings Bank 1 7.63% $3,795
THOMPSON KANE & COMPANY, LLC 1 6.75% $2,797
UBS Bank USA 1 6.75% $3,190
UNION HOME MORTGAGE CORP. 1 7.50% $7,009
UNITED HOME LOANS, INC. 1 7.49% $3,786
1st Source Bank 1 6.38% $5,133
U.S. Bank 1 7.13% $7,848
American Mortgage & Equity Consultants, Inc. 1 7.50% $7,526
Armed Forces Bank 1 6.63% $3,038
Associated Bank 1 6.75% $2,184
ChoiceOne Bank 1 6.63% $3,796
CHURCHILL MORTGAGE CORPORATION 1 6.63% $5,357
CIBM Bank 1 7.00% $3,462
CMG MORTGAGE, INC. 1 6.49% $7,924
CONSUMERS 1 7.00% $3,684
CoVantage Credit Union 1 5.88% $5,242
CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $4,449
Discover Bank 1 6.78% $0
DOW CHEMICAL EMPLOYEES' 1 6.50% $3,541
EVERETT FINANCIAL, INC. 1 7.99% $0
FIRST COMMUNITY MORTGAGE, INC. 1 7.50% $6,478
First Federal Bank of the Midwest 1 7.00% $3,061
First Merchants Bank 1 6.63% $2,589
GUARANTEED RATE AFFINITY, LLC 1 7.25% $4,799
GUIDANCE RESIDENTIAL, LLC 1 6.63% $5,537
Home State Bank 1 6.63% $3,143
MAYO EMPLOYEES FEDERAL CREDIT UNION 1 6.88% $7,605
MICHIGAN FIRST CREDIT UNION 1 6.50% $3,524
MORTGAGE CENTER L.C 1 6.38% $4,835
MYCUMORTGAGE, LLC 1 6.38% $4,435
Northpointe Bank 1 6.88% $3,388
OceanFirst Bank 1 5.63% $2,173

Marquette Average Closing Costs & Other Stats

Marquette, MI's 70 lenders originated 937 loans during 2024. The total origination value was $177,375,000, with an average loan value of $189,301.

Marquette's average closing costs are $3,538.

The top Marquette lender as defined by loan originations is IncredibleBank, with 64 loans originated. Their average total fees are $2,957, which is $91 lower than the next largest lender, Nicolet National Bank.

The lowest fee Marquette lenders (with over 10 loans originated) are Honor Credit Union ($2,956), IncredibleBank ($2,957), Flagstar Bank, FSB ($3,031), Nicolet National Bank ($3,048) and The Huntington National Bank ($4,252).

The lowest rate Marquette lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.62%), Flagstar Bank, FSB (6.74%), IncredibleBank (6.75%), QUICKEN LOANS, LLC (6.79%) and Honor Credit Union (6.79%).

Marquette, MI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Range Bank $26,300,000 $26,245,000 -0.2% 14.8%
IncredibleBank $21,490,000 $23,470,000 9.2% 13.2%
Honor Credit Union $16,250,000 $18,855,000 16.0% 10.6%
Nicolet National Bank $18,235,000 $16,100,000 -11.7% 9.1%
QUICKEN LOANS, LLC $9,865,000 $11,615,000 17.7% 6.5%
The Huntington National Bank $6,755,000 $9,665,000 43.1% 5.4%
UNITED WHOLESALE MORTGAGE, LLC $6,535,000 $7,405,000 13.3% 4.2%
Mortgage Research Center, LLC $5,310,000 $4,280,000 -19.4% 2.4%
Peoples State Bank $4,195,000 n/a 2.4%
Flagstar Bank, FSB $5,335,000 $4,125,000 -22.7% 2.3%
MICHIGAN MUTUAL, INC. $3,520,000 $3,575,000 1.6% 2.0%
Paramount Residential Mortgage Group, Inc. $590,000 $2,910,000 393.2% 1.6%
TEMPLE VIEW CAPITAL FUNDING, LP $1,975,000 n/a 1.1%
USAA Federal Savings Bank $2,130,000 $1,860,000 -12.7% 1.0%
NAVY FEDERAL CREDIT UNION $975,000 $1,540,000 57.9% 0.9%
LAKE MICHIGAN CREDIT UNION $1,900,000 $1,495,000 -21.3% 0.8%
NEWREZ LLC $875,000 $1,385,000 58.3% 0.8%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $945,000 $1,060,000 12.2% 0.6%
MAYO EMPLOYEES FEDERAL CREDIT UNION $1,015,000 n/a 0.6%
The Federal Savings Bank $925,000 n/a 0.5%
The Dart Bank $165,000 $820,000 397.0% 0.5%
U.S. Bank $490,000 $805,000 64.3% 0.5%
Bank of America $790,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $815,000 $790,000 -3.1% 0.4%
LOANDEPOT.COM, LLC $710,000 $780,000 9.9% 0.4%
AMERITRUST MORTGAGE CORPORATION $775,000 n/a 0.4%
GUARANTEED RATE, INC. $440,000 $760,000 72.7% 0.4%
CREDIT UNION ONE $810,000 $755,000 -6.8% 0.4%
PENNYMAC LOAN SERVICES, LLC $1,505,000 $735,000 -51.2% 0.4%
Ally Bank $725,000 n/a 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $615,000 $695,000 13.0% 0.4%
Mercantile Bank of Michigan $135,000 $690,000 411.1% 0.4%
ChoiceOne Bank $95,000 $645,000 578.9% 0.4%
Armed Forces Bank $285,000 $635,000 122.8% 0.4%
Prosperity Home Mortgage, LLC $630,000 n/a 0.4%
CoVantage Credit Union $260,000 $575,000 121.2% 0.3%
MORTGAGE CENTER L.C $565,000 n/a 0.3%
BROKER SOLUTIONS, INC. $1,120,000 $555,000 -50.4% 0.3%
GreenStone Farm Credit Services, FLCA $350,000 $540,000 54.3% 0.3%
NEW DAY FINANCIAL, LLC $145,000 $535,000 269.0% 0.3%
CMG MORTGAGE, INC. $155,000 $500,000 222.6% 0.3%
First Merchants Bank $700,000 $495,000 -29.3% 0.3%
Magnolia Bank $485,000 n/a 0.3%
1st Source Bank $465,000 n/a 0.3%
CROSSCOUNTRY MORTGAGE, LLC $270,000 $445,000 64.8% 0.3%
Sunflower Bank $445,000 n/a 0.3%
JPMorgan Chase Bank $1,160,000 $420,000 -63.8% 0.2%
T2 FINANCIAL LLC $420,000 n/a 0.2%
Independent Bank $375,000 $395,000 5.3% 0.2%
LAKEVIEW LOAN SERVICING, LLC $390,000 n/a 0.2%
Heritage Bank $385,000 n/a 0.2%
Hiawatha National Bank $385,000 n/a 0.2%
American Mortgage & Equity Consultants, Inc. $375,000 n/a 0.2%
EVERETT FINANCIAL, INC. $425,000 $375,000 -11.8% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $355,000 n/a 0.2%
Equity Prime Mortgage LLC $115,000 $350,000 204.3% 0.2%
Discover Bank $345,000 $340,000 -1.4% 0.2%
Figure Lending LLC $285,000 $335,000 17.5% 0.2%
Residential Mortgage Solutions, Inc. $335,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $75,000 $325,000 333.3% 0.2%
UBS Bank USA $315,000 n/a 0.2%
NBKC BANK $310,000 n/a 0.2%
CONSUMERS $1,265,000 $305,000 -75.9% 0.2%
Isabella Bank $305,000 n/a 0.2%
LONGBRIDGE FINANCIAL, LLC $305,000 n/a 0.2%
THOMPSON KANE & COMPANY, LLC $305,000 n/a 0.2%
Wells Fargo Bank $2,270,000 $290,000 -87.2% 0.2%
Citizens Bank $455,000 $275,000 -39.6% 0.2%
GUARANTEED RATE AFFINITY, LLC $275,000 n/a 0.2%
Old National Bank $275,000 n/a 0.2%
PCM $55,000 $275,000 400.0% 0.2%
RUOFF MORTGAGE COMPANY, INC. $275,000 n/a 0.2%
Preston Home Loans Inc $270,000 n/a 0.2%
MILEND, INC. $265,000 n/a 0.1%
Northpointe Bank $265,000 n/a 0.1%
POINT Mortgage $265,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $260,000 n/a 0.1%
Johnson Bank $255,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $165,000 $255,000 54.5% 0.1%
GUIDANCE RESIDENTIAL, LLC $235,000 $245,000 4.3% 0.1%
SUMMIT HOME MORTGAGE, LLC $240,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $225,000 n/a 0.1%
UNITED HOME LOANS, INC. $225,000 n/a 0.1%
Cleveland State Bank $215,000 $215,000 0.0% 0.1%
MICHIGAN FIRST CREDIT UNION $205,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $105,000 $205,000 95.2% 0.1%
OceanFirst Bank $195,000 n/a 0.1%
Carrington Mortgage Services, LLC $190,000 n/a 0.1%
DOW CHEMICAL EMPLOYEES' $185,000 n/a 0.1%
MYCUMORTGAGE, LLC $185,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $155,000 $175,000 12.9% 0.1%
ROYAL UNITED MORTGAGE LLC $105,000 $175,000 66.7% 0.1%
Associated Bank $25,000 $165,000 560.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $175,000 $165,000 -5.7% 0.1%
First Federal Bank of the Midwest $165,000 n/a 0.1%
PLANET HOME LENDING, LLC $165,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $245,000 $165,000 -32.7% 0.1%
Summit Credit Union $165,000 n/a 0.1%
Texana Bank $165,000 n/a 0.1%
Bethpage Federal Credit Union $155,000 n/a 0.1%
PNC Bank $565,000 $155,000 -72.6% 0.1%
Home State Bank $135,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $680,000 $130,000 -80.9% 0.1%
CIBM Bank $155,000 $125,000 -19.4% 0.1%
21ST MORTGAGE CORPORATION $145,000 $115,000 -20.7% 0.1%
LAFCU $105,000 n/a 0.1%
STAUNTON FINANCIAL, INC. $85,000 $105,000 23.5% 0.1%
The Loan Store, Inc. $100,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $250,000 $95,000 -62.0% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $95,000 n/a 0.1%
Coastal Community Bank $100,000 $85,000 -15.0% 0.0%
National Bank of Commerce $75,000 n/a 0.0%
VIBE CREDIT UNION $75,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.0%
Merchants Bank $355,000 $45,000 -87.3% 0.0%
Connexus Credit Union $35,000 n/a 0.0%
MICHIGAN SCHOOLS AND GOVERNMENT $15,000 n/a 0.0%

Marquette's top lender by overall market share is Range Bank, with 14.8% market share. In second place, with 13.2%, is IncredibleBank, having originated $23,470,000 in loans. In third place, with 10.6%, is Honor Credit Union, having originated $18,855,000 in loans. In fourth place, with 9.1%, is Nicolet National Bank, having originated $16,100,000 in loans. In fifth place, with 6.5%, is QUICKEN LOANS, LLC, having originated $11,615,000 in loans.


Marquette Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Marquette (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $164,950 (10.2%) $410,011 (73.0%) 0.00 332
2018-02-01 $172,300 (11.2%) $439,788 (83.1%) 0.00 304
2018-03-01 $174,900 (9.4%) $444,862 (84.1%) 0.00 306
2018-04-01 $179,350 (5.6%) $442,984 (69.1%) 0.00 312
2018-05-01 $189,000 (11.2%) $435,615 (70.7%) 0.00 337
2018-06-01 $184,700 (9.1%) $392,259 (56.6%) 0.00 389
2018-07-01 $189,700 (11.7%) $381,605 (50.4%) 0.00 417
2018-08-01 $189,900 (11.7%) $360,350 (43.2%) 0.00 431
2018-09-01 $181,000 (11.7%) $384,725 (32.2%) 0.00 445
2018-10-01 $184,900 (15.6%) $390,744 (25.3%) 0.00 421
2018-11-01 $179,900 (12.9%) $400,366 (12.9%) 0.00 389
2018-12-01 $189,700 (18.6%) $424,558 (13.8%) 0.00 340
2019-01-01 $189,250 (14.7%) $454,992 (11.0%) 0.00 286
2019-02-01 $187,250 (8.7%) $470,302 (6.9%) 0.00 273
2019-03-01 $198,243 (13.4%) $425,936 (-4.3%) 0.00 262
2019-04-01 $209,950 (17.1%) $359,192 (-18.9%) 0.00 255
2019-05-01 $209,500 (10.9%) $352,392 (-19.1%) 0.00 271
2019-06-01 $210,000 (13.7%) $326,032 (-16.9%) 0.00 336
2019-07-01 $196,925 (3.8%) $307,334 (-19.5%) 0.00 364
2019-08-01 $189,814 (-0.1%) $301,322 (-16.4%) 0.00 375
2019-09-01 $187,359 (3.5%) $295,022 (-23.3%) 0.00 383
2019-10-01 $185,723 (0.4%) $288,390 (-26.2%) 0.00 389
2019-11-01 $178,900 (-0.6%) $254,947 (-36.3%) 0.00 350
2019-12-01 $179,900 (-5.2%) $265,234 (-37.5%) 0.00 297
2020-01-01 $177,600 (-6.2%) $262,320 (-42.4%) 0.00 240
2020-02-01 $189,900 (1.4%) $307,992 (-34.5%) 0.00 221
2020-03-01 $190,450 (-3.9%) $325,624 (-23.6%) 0.00 204
2020-04-01 $209,400 (-0.3%) $330,967 (-7.9%) 0.00 202
2020-05-01 $213,500 (1.9%) $323,044 (-8.3%) 0.00 207
2020-06-01 $199,900 (-4.8%) $365,955 (12.3%) 0.00 214
2020-07-01 $223,700 (13.6%) $379,594 (23.5%) 0.00 209
2020-08-01 $214,000 (12.7%) $345,192 (14.6%) 0.00 198
2020-09-01 $201,950 (7.8%) $356,967 (21.0%) 0.00 182
2020-10-01 $189,700 (2.1%) $361,391 (25.3%) 0.00 167
2020-11-01 $183,700 (2.7%) $333,591 (30.9%) 0.00 152
2020-12-01 $185,450 (3.1%) $337,338 (27.2%) 0.00 132
2021-01-01 $189,500 (6.7%) $360,236 (37.3%) 0.00 110
2021-02-01 $214,000 (12.7%) $426,282 (38.4%) 0.00 88
2021-03-01 $222,200 (16.7%) $409,479 (25.8%) 0.00 104
2021-04-01 $233,625 (11.6%) $448,254 (35.4%) 0.00 97
2021-05-01 $249,900 (17.1%) $425,390 (31.7%) 0.00 121
2021-06-01 $249,450 (24.8%) $417,224 (14.0%) 0.00 135
2021-07-01 $250,000 (11.8%) $419,166 (10.4%) 0.00 134
2021-08-01 $256,250 (19.7%) $441,262 (27.8%) 0.00 129
2021-09-01 $292,175 (44.7%) $447,700 (25.4%) 0.00 116
2021-10-01 $250,000 (31.8%) $451,875 (25.0%) 0.00 101
2021-11-01 $221,175 (20.4%) $464,758 (39.3%) 0.00 77
2021-12-01 $183,700 (-0.9%) $429,432 (27.3%) 0.00 74
2022-01-01 $188,500 (-0.5%) $464,400 (28.9%) 0.00 61
2022-02-01 $229,725 (7.4%) $500,450 (17.4%) 0.00 59
2022-03-01 $265,000 (19.3%) $574,008 (40.2%) 0.00 45
2022-04-01 $201,950 (-13.6%) $534,160 (19.2%) 0.00 49
2022-05-01 $208,450 (-16.6%) $297,377 (-30.1%) 0.00 65
2022-06-01 $239,900 (-3.8%) $373,476 (-10.5%) 0.00 89
2022-07-01 $242,450 (-3.0%) $380,233 (-9.3%) 0.00 112
2022-08-01 $254,200 (-0.8%) $394,928 (-10.5%) 0.00 124
2022-09-01 $241,750 (-17.3%) $404,000 (-9.8%) 0.00 120
2022-10-01 $249,999 (0.0%) $432,068 (-4.4%) 0.00 106
2022-11-01 $265,000 (19.8%) $437,651 (-5.8%) 0.00 92
2022-12-01 $272,500 (48.3%) $445,368 (3.7%) 0.00 74
2023-01-01 $255,750 (35.7%) $450,665 (-3.0%) 0.00 69
2023-02-01 $264,000 (14.9%) $480,578 (-4.0%) 0.00 52
2023-03-01 $316,475 (19.4%) $507,234 (-11.6%) 0.00 46
2023-04-01 $294,500 (45.8%) $525,809 (-1.6%) 0.00 47
2023-05-01 $294,725 (41.4%) $464,109 (56.1%) 0.00 69
2023-06-01 $332,400 (38.6%) $449,910 (20.5%) 0.00 80
2023-07-01 $326,950 (34.9%) $455,785 (19.9%) 0.00 111
2023-08-01 $299,675 (17.9%) $452,337 (14.5%) 0.00 121
2023-09-01 $304,900 (26.1%) $442,218 (9.5%) 0.00 124
2023-10-01 $332,450 (33.0%) $446,284 (3.3%) 0.00 120
2023-11-01 $336,000 (26.8%) $458,605 (4.8%) 0.00 107
2023-12-01 $364,950 (33.9%) $488,693 (9.7%) 0.00 91
2024-01-01 $328,000 (28.3%) $461,550 (2.4%) 0.00 74
2024-02-01 $332,425 (25.9%) $460,532 (-4.2%) 0.00 74
2024-03-01 $329,900 (4.2%) $477,401 (-5.9%) 0.00 77
2024-04-01 $330,475 (12.2%) $480,799 (-8.6%) 0.00 87
2024-05-01 $343,250 (16.5%) $494,561 (6.6%) 0.00 100
2024-06-01 $375,000 (12.8%) $521,560 (15.9%) 0.00 103
2024-07-01 $349,000 (6.7%) $495,731 (8.8%) 0.00 107
2024-08-01 $299,450 (-0.1%) $445,262 (-1.6%) 0.00 122
2024-09-01 $294,450 (-3.4%) $434,606 (-1.7%) 0.00 114
2024-10-01 $306,975 (-7.7%) $487,030 (9.1%) 0.00 115
2024-11-01 $310,000 (-7.7%) $488,713 (6.6%) 0.00 110
2024-12-01 $328,500 (-10.0%) $481,981 (-1.4%) 0.00 104
2025-01-01 $344,975 (5.2%) $482,477 (4.5%) 0.00 88
2025-02-01 $374,925 (12.8%) $503,764 (9.4%) 0.00 80
2025-03-01 $364,950 (10.6%) $486,226 (1.9%) 0.00 74
Marquette's median listing price for 2025-03-01 was $364,950, a difference of $35,050 (10.6%) versus the prior year and $-9,975 versus the prior month.

Marquette's median listing price comes in at 0% of the national average.

Marquette's average listing price for 2025-03-01 was $486,226, a difference of $8,825 (1.9%) versus the prior year and $-17,538 versus the prior month.

For the 2025-03-01 period, Marquette had 74 MLS listings, a difference of -6 listings (-8%) versus the prior month and -3 listings (-4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Marquette (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,618 sqft
2018-02-01 0 days 1,624 sqft
2018-03-01 0 days 1,603 sqft
2018-04-01 0 days 1,607 sqft
2018-05-01 0 days 1,586 sqft
2018-06-01 0 days 1,540 sqft
2018-07-01 0 days 1,538 sqft
2018-08-01 0 days 1,556 sqft
2018-09-01 0 days 1,544 sqft
2018-10-01 0 days 1,541 sqft
2018-11-01 0 days 1,515 sqft
2018-12-01 0 days 1,512 sqft
2019-01-01 0 days 1,494 sqft
2019-02-01 0 days 1,493 sqft
2019-03-01 0 days 1,495 sqft
2019-04-01 0 days 1,516 sqft
2019-05-01 0 days 1,533 sqft
2019-06-01 0 days 1,580 sqft
2019-07-01 0 days 1,562 sqft
2019-08-01 0 days 1,569 sqft
2019-09-01 0 days 1,582 sqft
2019-10-01 0 days 1,591 sqft
2019-11-01 0 days 1,552 sqft
2019-12-01 0 days 1,566 sqft
2020-01-01 0 days 1,555 sqft
2020-02-01 0 days 1,564 sqft
2020-03-01 0 days 1,528 sqft
2020-04-01 0 days 1,516 sqft
2020-05-01 0 days 1,520 sqft
2020-06-01 0 days 1,484 sqft
2020-07-01 0 days 1,532 sqft
2020-08-01 0 days 1,494 sqft
2020-09-01 0 days 1,465 sqft
2020-10-01 0 days 1,435 sqft
2020-11-01 0 days 1,354 sqft
2020-12-01 0 days 1,348 sqft
2021-01-01 0 days 1,430 sqft
2021-02-01 0 days 1,526 sqft
2021-03-01 0 days 1,560 sqft
2021-04-01 0 days 1,560 sqft
2021-05-01 0 days 1,560 sqft
2021-06-01 0 days 1,560 sqft
2021-07-01 0 days 1,560 sqft
2021-08-01 0 days 1,560 sqft
2021-09-01 0 days 1,560 sqft
2021-10-01 0 days 1,555 sqft
2021-11-01 0 days 1,531 sqft
2021-12-01 0 days 1,314 sqft
2022-01-01 0 days 1,316 sqft
2022-02-01 0 days 1,496 sqft
2022-03-01 0 days 1,389 sqft
2022-04-01 0 days 1,352 sqft
2022-05-01 0 days 1,387 sqft
2022-06-01 0 days 1,555 sqft
2022-07-01 0 days 1,491 sqft
2022-08-01 0 days 1,599 sqft
2022-09-01 0 days 1,471 sqft
2022-10-01 0 days 1,359 sqft
2022-11-01 0 days 1,433 sqft
2022-12-01 0 days 1,350 sqft
2023-01-01 0 days 1,279 sqft
2023-02-01 0 days 1,274 sqft
2023-03-01 0 days 1,414 sqft
2023-04-01 0 days 1,597 sqft
2023-05-01 0 days 1,592 sqft
2023-06-01 0 days 1,503 sqft
2023-07-01 0 days 1,339 sqft
2023-08-01 0 days 1,349 sqft
2023-09-01 0 days 1,430 sqft
2023-10-01 0 days 1,409 sqft
2023-11-01 0 days 1,362 sqft
2023-12-01 0 days 1,527 sqft
2024-01-01 0 days 1,312 sqft
2024-02-01 0 days 1,513 sqft
2024-03-01 0 days 1,584 sqft
2024-04-01 0 days 1,619 sqft
2024-05-01 0 days 1,692 sqft
2024-06-01 0 days 1,678 sqft
2024-07-01 0 days 1,680 sqft
2024-08-01 0 days 1,674 sqft
2024-09-01 0 days 1,740 sqft
2024-10-01 0 days 1,795 sqft
2024-11-01 0 days 1,785 sqft
2024-12-01 0 days 1,771 sqft
2025-01-01 0 days 1,705 sqft
2025-02-01 0 days 1,722 sqft
2025-03-01 0 days 1,696 sqft
Marquette's median listing age (time on market) for 2025-03-01 was 0 days.

Marquette's median square footage for active listings during the 2025-03-01 period was 1,696 sqft. One year prior, the average listing was 1,584 sqft.

Marquette, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 484 $119,360,000 $246,612
Cash Out Refi 124 $19,740,000 $159,194
Home Improvement 118 $8,210,000 $69,576
Other 108 $7,610,000 $70,463
Refi 103 $22,455,000 $218,010

Marquette's most frequently cited loan purpose was Home Purchase, with 484 originations. The 2nd most popular reason was Cash Out Refi, with 124 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 302 $67,790,000 $224,470
Over 8% 209 $16,235,000 $77,679
7-8% 184 $43,400,000 $235,870
5-6% 87 $21,765,000 $250,172
<2.5% 3 $25,000 $8,333
4-5% 3 $625,000 $208,333

During 2024, Marquette's most frequently originated rate bucket was 6-7%, with 302 originations.

Loan Sizing (Marquette, MI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 299 $15,625,000 $52,258
$100k-200k 292 $43,570,000 $149,212
$200k-400k 272 $73,390,000 $269,816
$400k-600k 54 $25,550,000 $473,148
$600k-1000k 16 $11,530,000 $720,625
$Over $1MM 4 $7,710,000 $1,927,500

Marquette's loan sizing saw the bucket of loans from $100,000 or less with 299 originations, totaling $15,625,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 282 $67,630,000 $239,823
60-80% 178 $47,060,000 $264,382
Under 20% 115 $4,765,000 $41,435
20-40% 102 $9,940,000 $97,451
40-60% 94 $16,190,000 $172,234
Over 100% 9 $2,945,000 $327,222

Marquette's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 282 originations, totaling $67,630,000 in origination value.