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MI area data

Ramsay, MI

Ramsay, MI.

Population: 372 (Census ACS)

Homes sell for a median $55,000 after a median 14 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with lightning, coldwave, winterweather the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

14

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$55,000
Median list price
$69,900
Median price per sqft
$115
1-year sale-price change
-38.9%
Median days on market
14 days
Homes sold (recent period)
1
Sale-to-list ratio
78.7%
Active listings
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$706/mo
1BR fair-market rent
$816/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,495/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
lightning, coldWave, winterWeather
Notable hazard ratings (county)
hail: Relatively Low · coldWave: Relatively Moderate · iceStorm: Relatively Low · lightning: Relatively High · strongWind: Relatively Low · winterWeather: Relatively Moderate
Wildfire risk to homes (county)
Higher than 16% of US counties
Buildings in wildfire direct-exposure zone
63.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
40.0°F
Average high
50.0°F
Average low
31.0°F
Annual precipitation
37.4 in
Annual snowfall
170.3 in
USDA plant hardiness zone
4a (extreme annual low -30 to -25°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
2
Nearest national park
North Country National Scenic Trail (40 mi)
National parks include
North Country National Scenic Trail, Apostle Islands National Lakeshore
Airports within 30 mi
5
Nearest airport
Gogebic Iron County Airport (IWD) (7 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
ASPIRUS IRONWOOD HOSPITAL
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,938
Housing built before 1970
90.3%
Housing built 2000 or later
0.0%
Median annual property tax
$1,063
Households with broadband internet
36.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,377
Average weekly wage
$904
Top industries (by employment)
Accommodation & Food, Arts & Entertainment, Other Services
Annual residential building permits (county)
23

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

RamsayState medianUS median
Median sale price$55,000$265,000$325,000
Median days on market14 days36 days51 days
Median annual property tax$1,063$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the median sale price in Ramsay, MI?
$55,000.
How long do homes take to sell in Ramsay, MI?
Median days on market: 14 days.
What is typical rent in Ramsay, MI?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Ramsay, MI?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: lightning, coldWave, winterWeather.
What is the wildfire risk in Ramsay, MI?
Risk to homes is higher than 16% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Ramsay, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Ramsay, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Ramsay, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Ramsay

Listing a home in Ramsay, MI?

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Data last updated

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

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