49802 — Dickinson County, Michigan Market Snapshot

Housing market data for zip code 49802 in Dickinson County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

20 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$172,500

13.3% YoYClosed sales

Days to Sell

104

Median, listing to close

Homes Sold

20

Closed in 2026

Inventory

20

Sale-to-List

97.8%

New Listings

22

Price/SqFt

$131

Pending Sales

26

Conforming Loan Available

Most homebuyers in 49802 can comfortably use conventional financing. The median home price of $172,500 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 104 days on average, 49802 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

The average home in 49802 sells for 2.2% below asking price (97.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 49802 can comfortably use conventional financing. The median home price of $172,500 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 49802 are set at the county level.

2026 Loan Limits — Dickinson 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 49802

To purchase the median home at $172,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,472.

Monthly Payment

$1,472

Income Required

$63,070

Principal & Interest

$1,063/mo

Down Payment (5%)

$8,625

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 49802.

%
%

Estimated Monthly Payment

$1,218

Principal & Interest$895
Property Tax$173
Insurance$150
Loan Amount$138,000
Total Interest$184,225
Income Required$52,182/yr

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