Grand Marais MI Multi Family for Sale

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Grand Marais Real Estate

The median home value in Grand Marais, MI is $512,250. This is higher than the county median home value of $158,200. The national median home value is $338,100. The average price of homes sold in Grand Marais, MI is $512,250. Approximately 21.8% of Grand Marais homes are owned, compared to 7.91% rented, while 70.3% are vacant. Grand Marais real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grand Marais real estate agent to arrange a tour today!

Grand Marais, Michigan has a population of 295. Grand Marais is less family-centric than the surrounding county with 17.78% of the households containing married families with children. The county average for households married with children is 19.92%.

The median household income in Grand Marais, Michigan is $42,194. The median household income for the surrounding county is $48,822 compared to the national median of $69,021. The median age of people living in Grand Marais is 69.6 years.

Grand Marais Weather

The average high temperature in July is 76.1 degrees, with an average low temperature in January of 9.2 degrees. The average rainfall is approximately 35.1 inches per year, with 150.5 inches of snow per year.

Grand Marais Real Estate Market Conditions

  • Median sales price

    $512,250
    23.1% change since last quarter
  • # Active listings

    15
    30-day change

Grand Marais Schools and Demographics

Education near Grand Marais, MI

Metric City County
High School Graduates 94.49 91.59
College Degree - 2 year 3.31 6.63
College Degree - 4 year 21.69 17.94
Graduate Degree 8.46 3.95
Expenditures per Student 14,418 14,418
Students per Teacher 15.2 15.2

Elementary Schools near Grand Marais, MI

School Grades Students P/T Ratio ZIP
Newberry Elementary School KG - 06 372 14.7 49868
Three Lakes Academy PK - 07 88 9.4 49820
William G. Mather Elementary School PK - 05 297 14.5 49862

High Schools near Grand Marais, MI

School Grades Students P/T Ratio ZIP
Newberry High School 07 - 12 348 19.9 49868

Ungraded Schools near Grand Marais, MI

School Grades Students P/T Ratio ZIP
Burt Township School KG - 12 28 4.6 49839
Engadine Schools KG - 12 269 15.2 49827
Munising High and Middle School 06 - 12 345 20.7 49862

Demographics near Grand Marais, MI

Metric City County
Neighborhood Type Small Town
Population 295 8,911
Population Density 7 10
Median Age 69.6 49.3
People per Household 2.1 2.6
Median Household Income 42,194 48,822
Average Income per Capita 28,369 21,998